The new maize agreement is expected to support further growth in agricultural export revenues while increasing foreign exchange inflows.
Kenya is reviewing a proposal from the Cereal Millers Association (CMA), which says increased imports are needed to secure adequate supplies and prevent further pressure on maize flour prices.
The initiative brings together Olam Agri’s existing baker-development programmes across several African markets under a broader platform designed to expand skills development and economic opportunities in the baking sector.
Kenya is ready to increase maize imports from Uganda but insists that strict food safety standards must accompany expanded trade.
Black Sea tensions are putting fresh pressure on global wheat supplies, with disruptions to Russian and Ukrainian exports creating risks for import-dependent markets across Africa.