Commodity traders

The New Guard
Algeria, Kenya, Cameroon

Every Wednesday, Africa Intelligence spotlights a new generation of movers and shakers in business and politics.

AlgeriaHamed Oussama Salhi, spokesman for national grains interests

KenyaBrian Wesaala, football's steadfast champion

CameroonYann Gwet, connecting youth across Africa

Egypt
More than 300,000 tonnes of Russian wheat being shipped to Egyptian ports

Five ships loaded with Russian soft wheat are due to leave Russian ports on 18 November bound for Egypt. Each of these Panamax bulk carriers can carry between 60,000 and 80,000 tonnes of the grain.

South Africa
No rush to set up proposed BRICS grain exchange, urges South Africa

The bloc's nine members should work to establish mutual and preferential access to each others' agricultural markets before putting in place the common platform sought by Moscow, according to South Africa's trade minister.

Ivory Coast
Billionaire Jean-Claude Mimran quietly exits cashew sector

Cashew Industries West Africa is quietly closing its doors. Its billionnaire owner decided to stop investing in the entity earlier in the year.

Tunisia
Tunis buys barley in bulk

Three companies are sharing a $29.3m contract.

Ivory Coast
Cocoa industry watchdog tightens price controls

With Ivorian traders accusing international firms of overpaying for their cocoa, the industry regulator, Conseil Café-Cacao, led by Yves Brahima Koné, is looking into the matter. The Groupement des Négociants Ivoiriens is also holding talks.

Morocco
Paris farming show may showcase Rabat in 2025

For the first time in its history, the Paris International Agricultural Show may showcase another country next year. The organisers, who are close to France's leading farming union FNSEA, hope Emmanuel Macron will make an announcement in Morocco's favour during his forthcoming trip to Rabat.

DRC
Kinshasa out to save Primera Gold

In financial difficulty since the departure of its Emirati partner, the state-owned artisanal gold producer is to receive a capital injection of $25m from the Mining Fund for Future Generations.

African Union
AU security bigwigs to meet in Abidjan this week

Senior officials from the UN, EU, and OIC have also been invited to attend the retreat organised by the AU's Department of Political Affairs, Peace and Security.

Morocco
Confédération Marocaine des TPE-PME keeps up pressure on Chakib Alj

With around 30 companies still awaiting payment for services provided to Les Jeunes Maçons, chair of the Moroccan employers' organisation, Abdellah Fergui, is trying to get the authorities involved.

Egypt
Cairo and Moscow agree wheat supply to April 2025

Egypt, the world's largest wheat importer, has signed a direct contract with a Russian supplier for more than 3 million tonnes of wheat over six months. Russia's United Grain Co is expected to be involved.

South Africa
Washington in talks with Pretoria over uranium procurement

Officials from Pretoria's Department of Energy have begun informal talks with diplomats at the US embassy. The discussions could lead to a long-term contract for the sale of South African uranium to Washington.

DRC, Zambia
Mercuria restructures metals trading division with sights set on African copper

After defecting from Trafigura to Swiss trader Mercuria in June, Kostas Bintas was at the London Metal Exchange week.