PanAfrican Equipment hands over $35m equipment to Dangote Sugar Group

The PanAfrican Equipment Group, a recognized
leader in providing mining, construction grade
equipment has announced the sale of USD$35
million worth of Komatsu construction
equipment to the Dangote Sugar Group.
The equipment was handed over to the Dangote
Sugar Group during a handover ceremony
which took place at Tin Can Island Port
Complex, Apapa, Lagos, Nigeria. This landmark
sale is PanAfrican’s largest within the
agricultural sector and in Nigeria and is in line
with the Nigerian 2010 transformation agenda
to drive growth in the agricultural sector.
Commenting on the sale, Scott McCaw, Group
Managing Director, Panafrican Equipment
stated, “We are delighted to have been chosen
by Dangote Sugar as a major supplier for their
agricultural expansion project in sugar
production in Nigeria.”
He further stated “We look forward to building
on this relationship and being their partner for
development in Nigeria now and in the future.
As the sale includes a long-term maintenance
support and parts supply contract, we fully
expect to maintain a critical role in helping
Dangote achieve their goals”.
In addition, Graham Clark, Group Managing
Director, Dangote Sugar Refinery, said “This
purchase is in line with the Backward
Integration Policy (BIP) of the Federal
Government of Nigeria and National Sugar
Development Council (NSDC).
This is another milestone in the Dangote Sugar
journey as we work towards our master plan to
produce 1.5 million metric tonnes of sugar per
annum, from locally produced sugarcane in
Nigeria.”
The Federal Government has made backward
integration a priority in order to support the
advancement of the agricultural and
extractives sectors in Nigeria. Through this
investment, PanAfrican Equipment Group and
Dangote Sugar Group as private sector
stakeholders are also committed to helping the
government achieve this goal.
The PanAfrican Equipment Group, operating in
Kenya, Tanzania, Ghana, Nigeria and Sierra
Leone is a recognized leader in providing
equipment and aftersales support solutions to
the heavy mining, light and alluvial mining,
cement and quarry, agriculture and forestry,
civil infrastructure, and power and energy
sectors.