Addax Starts Producing Clean Fuel and Power in Sierra Leone

Addax Bioenergy SA, a unit of Geneva-based oil and gas company Addax & Oryx Group Ltd., began producing sugarcane bioethanol in Sierra Leone.

The 400 million-euro ($550 million) project in Makeni is made up of a sugarcane plantation, bioethanol refinery and biomass heat and power plant to meet as much as about 20 percent of the country’s electricity needs, Addax said today in an e-mailed statement.

“The project has already brought significant local improvements, including food security through our farmer development program and increased school attendance, health and new-home building thanks to family incomes,” Simon Cleasby, chief executive officer of Addax Bioenergy, said in the statement.

To contact the reporter on this story: Louise Downing in London at ldowning4@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Tony Barrett, Randall Hackley

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.