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Cutting out a sugar sweet deal

Last Updated August 28, 2008
Cutting out a sugar sweet deal

Cutting out a sugar sweet deal

Nedbank has closed a US$12mn revolving sugar import stock facility for Tate & Lyle Sugar Trading, to import sugar into Kenya, Ghana and Togo. Although small in size, the facility could act as a useful template for future soft commodity financings in the Sub-Saharan region, writes Rebecca Spong.


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The endless arguments about why Africa is not trading within Africa are wearing thin. It is time for a coherent action plan to be drawn up, says GTR editor, Rebecca Spong.

 

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