Malawi Stock Exchange: ILLOVO

How many employees work at Illovo Sugar?

Illovo Sugar (Malawi) Plc (ILLOVO) has approximately 3,538 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Illovo Sugar’s total headcount has grown 32.2% from 2,676 employees in 2023 to 3,538 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 20232026Published August 2026

About Illovo Sugar’s Workforce

Illovo Sugar (Malawi) Plc (ILLOVO) is a Food and Beverage company that employs 3,538 people worldwide as of March 2026. It is the 10th-largest by headcount among its peers. Founded in 1965, the company is headquartered in Blantyre, Malawi and trades on the Malawi Stock Exchange.

Illovo Sugar's workforce has grown 32.2% from 2023 to 2026, up 1.1% year over year in 2026. Its workforce is concentrated most in Sub-Saharan Africa (99.8%), followed by Northern Europe (0.1%) and Western Europe (0.1%).

Illovo Sugar's functional groups are Finance and Operations (48.2%), Engineering (26.6%), and Sales and Marketing (25.2%), with Finance and Operations growing fastest (up 1.7%). The average salary is $10,716, highest in Sub-Saharan Africa at a median of $8,000, up 0.9% year over year in 2026.

Sourced from Revelio Labs workforce data.

Ticker
Malawi Stock Exchange: ILLOVO
Headquarters
Blantyre, Malawi
Founded
1965
Industry
Food and Beverage
Employees
3,538
YoY
+1.1% (+199)

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Illovo Sugar Annual Employee Count (2023-2026)

Interactive chart of Illovo Sugar annual worldwide employee count from 2023 to 2026.
  • Illovo Sugar had 3,538 employees in 2026, a 1.1% increase (+199) from 2025.
  • Illovo Sugar had 3,555 employees in 2025, a 4.0% increase (+319) from 2024.
  • Illovo Sugar had 3,236 employees in 2024, a 3.0% increase (+204) from 2023.
  • Illovo Sugar had 3,032 employees in 2023, a 10.2% increase (+443) from 2022.

Illovo Sugar's total workforce has grown from 2,676 employees in 2023 to 3,538 in 2026.

Illovo Sugar (Malawi) Plc quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q13,538+199+1.1%
2025Q43,555+319+4.0%
2025Q33,481+334+4.3%
2025Q23,404+261+4.7%
2025Q13,339+265+3.6%
2024Q43,236+204+3.0%
2024Q33,147+302+5.2%
2024Q23,143+467+8.3%
2024Q13,074+393+9.3%
2023Q43,032+443+10.2%
2023Q32,845+273+6.6%
2023Q22,676+104+3.3%

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Illovo Sugar Employee Count by Region (2026)

Sub-Saharan Africa accounts for the largest share of Illovo Sugar's global workforce with approximately 100% of total employees, followed by Northern Europe and Western Europe.

Illovo Sugar employees by region

RegionEmployees% of Total
Sub-Saharan Africa3,50899.8%
Northern Europe40.1%
Western Europe30.1%

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Illovo Sugar Employee Count by Department (2026)

Illovo Sugar's employee groups are Finance and Operations (48.2%), Engineering (26.6%), and Sales and Marketing (25.2%).

Illovo Sugar employees by department

DepartmentEmployees% of Total
Finance and Operations1,69848.2%
Engineering93926.6%
Sales and Marketing88825.2%

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Illovo Sugar Employee Salary by Region (2026)

Illovo Sugar's average employee salary is $10,716 globally. Employees in Sub-Saharan Africa receive the highest compensation.

Illovo Sugar median employee salary by region (USD)

RegionMedian Salary
Sub-Saharan Africa$8,000

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Frequently Asked Questions About Illovo Sugar

How fast is Illovo Sugar growing?
In 2026, Illovo Sugar's headcount grew 1.1% to 3,538 employees, up from 3,339 in 2025.
See the full headcount history
Where are Illovo Sugar employees located?
Most Illovo Sugar employees are based in Sub-Saharan Africa (99.8% of headcount), followed by Northern Europe and Western Europe.
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What is the average salary at Illovo Sugar?
The average employee salary at Illovo Sugar is approximately $10.7k per year.
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When was Illovo Sugar founded and where is it headquartered?
Illovo Sugar was founded in 1965 and is headquartered in Blantyre, Malawi.
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