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Dangote Sugar Raises $356 Million in Share Sale to Trim Debt

A sugar refinery owned by Africa’s richest person, Aliko Dangote, raised $356 million in a share sale and will use the funds to reduce debt and boost a capital position eroded by three years of losses.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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