BUA Group secures US$200m from Africa Finance Corporation to complete its sugar facility

NIGERIA – Africa Finance Corporation (AFC) has approved a US$200 million corporate facility for BUA Industries, a member of the BUA Group (BUA), to complete its vertically integrated sugar facility in Lafiagi, Kwara State, Nigeria. The proceeds will be utilised for the development, construction, commissioning and operations of a 20,000 hectares plantation, 2,200,000 tons sugar milling plant and a 200,000…

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