Nigeria is struggling to develop its local sugar production. To remedy its shortcomings, the country's government relies on foreign investors to develop the local industry

Le Nigeria est le cinquième largest African consumer of sugar after Egypt, Algeria, Sudan and South Africa. The sugar industry has just received a new boost in the country as part of its development plan. In fact, on April 16, the National Sugar Development Council (NSDC), the public body responsible for developing the sector, revealed that it had signed a memorandum of understanding with the Chinese conglomerate SINOMACH for the implementation of an agro-industrial project capable of producing 1 million tons of sugar per

A en croire les responsables ce projet devrait mobiliser jusqu' à $1 billion in investments, exclusively financed by the Chinese group. According to a statement é published on the é site, “SINOMACH” will start the project by building a sugar production plant and the establishment of a sugar cane plantation with an annual capacity of 100' 000 tonnes, tandis que le NSDC facilitera l style="font-family: "Bookman Old Style”, serif">obtaining permits, approved ments and permissions required for its realization ” under