Nigeria

Wilmar is set to assume full ownership of PZ Wilmar.

Faced with rising demand from the edible oil and animal feed industries, Nigeria is pivoting to a new growth strategy.

Olam Agri has transformed its operations from two manufacturing plants to nine facilities nationwide, producing flour, semolina, and pasta.

The initiative marks a strategic pivot toward modernising the sector and reclaiming Nigeria’s status as a global palm oil powerhouse.

The US$1.2 billion investment will fund a 5,000-hectare seed farm and expand cultivation to 500,000 hectares.