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Milling & Grains – AFRICAN & MIDDLE EAST
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Zimbabwe maintains local wheat price at US$450/T as government sets record target for 2025 winter crop
This move comes as Zimbabwe sets a record target of 120,000 hectares under winter wheat cultivation in 2025, aiming to produce 600,000 tonnes.
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Forafric Global appoints Khalid Assari as Chairman
Assari steps into the role during a pivotal period for the company, marked by a strategic initiatives aimed at enhancing its operations and financial position.
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Etihad to launch 4,500-ton-per-day high-tech flour mill in Iraq
The mill features six advanced production lines, all sourced from the renowned Swiss manufacturer Bühler.
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Oman Flour Mills issues Sultanate’s first Islamic Commercial Paper, raising US$26M
The ICP issuance was met with robust market interest and was oversubscribed by 1.4 times, a clear indication of investor confidence.
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Morocco’s 2025 wheat production forecast falls below 10-year average: USDA
While this marks a slight recovery from the 2.46 million tonnes harvested in 2024-25, the USDA reports that it remains significantly below the 4.15 million tonnes produced in 2023-24.