Africa

Africa produces nearly 3.9 million tons of breakfast cereals annually, yet structural gaps remain. While production nearly equals consumption in volume, a significant portion of high-value wheat-based and fortified products are still imported.

This was above the 655,000 ⁠tons sought in the tender.

The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger.

The organization integrates cost-effective fortification technology directly into small and medium-scale mills, enabling producers to deliver safe, nutritious flour

The deal completes the company’s ownership of the three brands across the entire continent and expands its manufacturing and distribution remit.