Geopolitics is redrawing the map for millers across the Middle East and Africa. With the Suez Canal and Black Sea facing ongoing tensions, ships are traveling longer, fuel consumption is rising, and working capital is being stretched to the limit.
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