Africa's Coffee Industry: Investment Opportunities

Coffee is big business – it is estimated that over 2 billion cups of coffee are consumed around every day around the world. According to rough estimates, over 140 million bags of coffee beans are traded internationally.  Coffee trade is worth over $16 billion globally – making coffee one of the most traded commodities in the world after crude oil. In many developed nations, coffee is no more a luxury drink but a...

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Africa Might Emerge As A Major Supplier of Halal Food

With the Belt and Road Initiative poised to transform market access across Asia, potential partnerships with African companies are opening as they seek to target Asian consumers. In particular, many South African halal food producers have high hopes that Hong Kong could prove the ideal gateway for boosting their exports across the region. By 2030, the global Muslim population is estimated to number some 2.2 billion, representing about a...

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Africa’s Food Market Could Be Worth $1 Trillion by 2030

Farmers in Africa and agri-businesses sector in Africa could be worth a trillion-dollars by 2030 if given proper access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods, and if African governments can work more closely with agribusinesses to feed the region’s fast-growing urban population, according to a new World Bank report. According to the Growing Africa: Unlocking the...

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Kenyan food manufacturer Ariel Foods expands in West Africa

Ariel Foods, a renowned Kenyan therapeutic foods manufacturer famous for its food supplements for malnourished people worldwide is expandeding its operations in West Africa through its base in Nigeria seeking. The food company aims to tap into the wider West African market through its operations in Nigeria. Insta’s therapeutic foods are a high calorie combination of peanut paste, sugar, oil and milk powder which is fortified with 23...

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Export Rice to Africa: Indian Exporters Face New Challenges

India's rice exports to Africa have been severely hampered as cheaper rice from China and Thailand begins to eat into India’s traditional markets in Africa. Indian exporters of rice are now seeking government intervention to salvage the situation in the form of incentives.  Exports of non-basmati rice shipments fell to $294 million during April-May this year from $652 million in the corresponding period last...

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Database of Rice Importers in Africa Released

Africa Business Pages, the leading B2B portal connecting African buyers with global suppliers, has compiled a special directory of rice importers in Africa. The Africa Rice Importers Directory lists major rice importers in Africa from over 40 African countries.  Rice importers in Africa have been buying ever increasing quantities of rice from all across the world in order to meet the rising demand for rice amongst African buyers....

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India, China poised to capture the market for rice in Africa

Rice is continuously gaining importance as a staple food in Africa. While Africa has vast areas of land that are suitable for rice cultivation, they are underutilized, prompting the African markets to import nearly 40% of its rice requirements at a cost of approximately US$1.1 billion per year. India, the world’s biggest rice exporter, saw 5% broken parboiled rice rise $7 per tonne to $352 to $357 per tonne, as aggressive purchases by...

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Rice Importers in Africa Face New Challenges

According to industry reports, Africa imported 17 million tonnes in the last five years. Many African rice importers import a significant amount of rice for local consumption and regional distribution. However, the relatively small country of Benin has emerged as one of the leading rice importers in Africa.  At Nigeria’s border post of Seme, goods are often smuggled into Africa’s biggest economy from its smaller neighbor...

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