AFRICAN & MIDDLE EAST NEWS

The landmark agreement aims to boost domestic rice production and reduce the country’s growing reliance on imports.

This performance was underpinned by a 9.3% rise in total revenue, reaching SAR 1,146.4 million (US$305.52M), up from SAR 1,048.9 million (US$279.52M) in 2024.

This new, “first-of-its-kind facility” marks the transition from concept validation to large-scale production targeting up to 400 tonnes of olive flour each season.

This landmark partnership seeks to transition Mozambique from a major importer of Asian rice to a self-sufficient producer and regional exporter.

The support accompanies a renewed push for self sufficiency anchored in the Senegal River Valley campaign and is intended to integrate domestic rice into commercial distribution channels.