Ecobank, Proparco seize Mumias Sugar after tycoon Julius Mwale reveals plans to hire Dangote-connected firm
Mumias Sugar was once the largest sugar manufacturer in Kenya.
Julius Mwale
Kenyan tycoon Julius Mwale plans to bring in Dangote-connected firm to manage Mumias Sugar
Indian engineering consultancy firm J.P Mukherji & Associates operates in more than 30 countries across four continents.
Kenyan mogul Julius Mwale offers $20 million to farmers to restore activity at Mumias Sugar
The funds will be used to kickstart sugarcane cultivation and sugar production.
Kenyan tech tycoon Julius Mwale outbids participants in deal to control Mumias Sugar
The bid puts him ahead of steel tycoon Narendra Raval and Rai Group Chairman Jaswant Rai.