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Markala Sugar ethanol project in Mali lands $42M project loan

| December 13, 2010

In Tunisia, African Development Bank Board of Directors approved a €30-million senior private sector loan and a €35 million loan from the public sector for the Markala Sugar project in Mali.  The project consists of an agricultural component, CaneCo, and an industrial component, SoSuMar.  CaneCo will be responsible for establishing 14,132 hectare, irrigated sugar cane plantation in Markala, Mali.

SoSuMar will be responsible for an ethanol plant, power co-generation facility and a sugar mill.  The ethanol plant is expected to produce 15 million liters per year, and the co-generation plant will produce 30 MWe a year.  The sugar mill will have a capacity of 7,680 tons per day, producing 190,000 tons of sugar a year.  Only 10,000 tons of sugar will be used for industrial purposes.

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Category: International

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