Kenya’s Mumias Sugar Company plans to start production of ethanol from sugarcane by the end of 2011.
The plant is expected to produce about 22 million litres of ethanol a year to be sold primarily to the East African Community and COMESA member states.
The project includes electricity co-generation, and the company is currently working on a carbon trading initiative.
Funding for the $64.5 million (€47.3 million) project will come from the company’s own reserves and a six-year loan from Ecobank and the Commercial Bank of Africa.
