Rights issue

Dangote's sugar company raises $356 million in oversubscribed rights issue after years of losses

Aliko Dangote's Dangote Sugar Refinery has raised $356 million in an oversubscribed rights issue to cut debt and expand local production after years of losses.

Aliko Dangote's sugar firm opens a $324 million rights issue to bankroll local production

Aliko Dangote's Dangote Sugar has opened a N485.9 billion ($324 million) rights issue to strengthen its balance sheet and fund a major local-production drive.