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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.

This strategic takeover comes at a pivotal moment for Forafric, which has been grappling with a complex financial restructuring while maintaining its status as a leading player in transforming wheat and producing staple goods like flour, semolina, and couscous.

The US$40 million investment strengthens Olam Agri’s wheat milling and pasta manufacturing capabilities in West Africa and represents a major milestone in Ghana’s drive to deepen domestic production, enhance food security, and accelerate industrial growth.

By adding a specialized bakery arm to its portfolio, LSDH is evolving into a multi-category food powerhouse.