Deal #1907

Kidatu Sugar Cane Plantation

Kilombero Sugar Company is part of the Illovo Sugar Africa Group, Africa's biggest sugar producer with extensive agricultural and manufacturing operations in six African countries. Illovo Sugar Africa is a wholly-owned subsidiary of Associated British Foods plc (ABF), listed on the London Stock Exchange. (Source: Company website) In 1998, KSCL was re-privatized. Ownership shifted to a consortium consisting of the South African company Illovo (55%), the British ED&F Man Holdings Limited (20%), and the Government of Tanzania (25%), which is still the ownership structure. (Source: Isager et al., 2021)