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South African executive Thabo Mabe set to lead Dangote sugar refinery as amid $700 million expansion

by Tradinghow
November 19, 2025
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Dangote Sugar Refinery Plc, a subsidiary of Dangote Group, has announced that South African executive Thabo Mabe will become its new Group Managing Director and CEO, effective December 1, 2025, pending shareholder approval at the next general meeting.

He will succeed Ravindra Singhvi, who steps down on November 30, 2025, marking the end of a significant chapter in the company’s leadership.

Singhvi, who joined the board in May 2020, was credited with driving major investment projects, consistent revenue growth, digital transformation initiatives, and strengthening the company’s brand.

Reflecting on his tenure, the board expressed gratitude for his leadership and the impact he made on the company’s growth.

Confirmation by Nigerian Exchange

The leadership change was confirmed in a market update posted on the Nigerian Exchange (NGX) website.

According to the company, Mabe brings a “wealth of international experience spanning South Africa, Germany, and Nigeria” and has consistently contributed to the Dangote Group’s food businesses.

His appointment is not only part of the company’s broader succession plan but also reinforces its commitment to continuity and long-term value creation.

Welcoming him, the board stated they “look forward to the next chapter in our Company’s journey under his leadership.”

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Thabo Mabe’s Career Journey

Mabe, who holds a BSc in Chemistry and Mathematics from Fort Hare University, began his career at Unilever as a graduate trainee.

Over the years, he progressed through roles across manufacturing, production, sales, and supply chain management, eventually becoming Vice President, Supply Chain for Unilever HPC in 2004 and later Vice President, Homecare.

In 2010, Mabe was appointed CEO of Unilever Nigeria Plc, where he successfully expanded market share and improved production efficiency.

A seasoned multinational executive, he joined the Dangote Group in 2014 as CEO of Dangote Flour Mills, transforming the company into a profitable enterprise.

The South African national subsequently led Dangote Rice Limited and, most recently, NASCON Allied Industries Plc, bringing extensive experience across South Africa, Germany, and Nigeria.

$700 Million Expansion Under New Leadership

His appointment coincides with an ambitious $700 million expansion, positioning Dangote Sugar Refinery for sustainable growth under his leadership. The investments cover land development, equipment upgrades, infrastructure, staff training, and community programs, aiming to boost local raw sugar production and meet rising demand.



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