Spotlight | Algeria
Cofco and Al Ghurair go after the cereals market

Red alert among the world leading cereals trading groups! The Algerian Interprofessional Office for Cereals (OAIC) is to revise its list of accredited suppliers in the next few months. At stake is a $2 billion market dominated - for the [...]
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Africa
Swiss Singapore takes over Phoenix Global's rice business in West Africa

Registered in Singapore but run from Dubai, the trading group Swiss Singapore, which is well-connected in New Delhi, has successfully started exporting rice to Africa. It has made a name for itself in Dakar, Abidjan and Cotonou thanks to the recruitment of two former traders from Phoenix Global, which went bankrupt in August 2020.

Free access Commodity traders, Business 03.06.2022

Cameroon
Ukraine-Russia: faced with soaring wheat prices, millers unilaterally raise flour prices

Célestin Tawamba, head of Cameroon's employers' federation and owner of La Pasta, is leading the Cameroonian flour mills' revolt against the government. After failing to obtain tax and customs exemptions, he and his competitors have decided to flout their sector's regulations.

LogoSubscribers only Commodity traders, Business 01.03.2022

Spotlight | Africa
The collapse of commodity trader Phoenix shakes up rice trade

By poaching veterans from rice trading giant Phoenix Global, which was liquidated in 2020, and taking over its contractual positions, the firm's competitors Swiss Singapore, Olam and Ameropa are now ready, thanks to their vastly expanded African network, to face the current surge in food prices.

LogoSubscribers only Commodity traders, Business 19.01.2022

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