The new facility, located in Ilorin, is designed to process large volumes of soybeans into edible oil and high-protein feed, supporting both Nigeria’s food security agenda and its growing livestock sector.
First Choice Premium Spaghetti enters the market as local production gains pace in Ghana.
The US$40 million investment strengthens Olam Agri’s wheat milling and pasta manufacturing capabilities in West Africa and represents a major milestone in Ghana’s drive to deepen domestic production, enhance food security, and accelerate industrial growth.
The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger.
Building on the experience and success of a decade of wheat processing, Olam Agri is developing a pasta production plant adjacent to its facility in Tema.