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Originally published by Capital Business
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business
May 21, 2026
8h ago

Resolving Kwale Sugar Woes Would Prove Dangote Right – Lifting Jobs and Unlocking Foreign Capital

Resolving Kwale Sugar Woes Would Prove Dangote Right – Lifting Jobs and Unlocking Foreign Capital

By Ian Njoroge NAIROBI, Kenya, May 21 - Aliko Dangote, Africa’s most successful industrialist, has spent the better part of the last year delivering a Kenya breaking news | Kenya news today |..

✨ Key Highlights

The unresolved land dispute at Kwale International Sugar Company Limited (KISCOL) threatens to derail a major agricultural investment, highlighting the importance of domestic investor confidence in attracting foreign capital, as emphasized by industrialist Aliko Dangote.

  • The dispute stems from the non-implementation of a government-backed resettlement plan for 27,000 acres meant for local communities, impacting KISCOL's planned 15,000-acre nucleus estate.
  • Key stakeholders include KISCOL, with promoters Pabari Group and Omnicane Limited, and a syndicate of regional banks including KCB Bank and Stanbic Bank.
  • A successful resolution could unlock KISCOL's full capacity, close nearly 10% of Kenya's sugar deficit, and provide a crucial signal for attracting foreign investment.

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