Milling & Grains – AFRICAN & MIDDLE EAST

South Africa’s grain trade group warns that slow logistics and delayed approvals could raise costs as a large maize and soybean harvest approaches.

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 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 rehabilitated berth will serve as Iraq’s primary entry point for wheat shipments, enabling faster vessel unloading and more efficient transfer of imports into storage and distribution networks.