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COMMODITY TRADERS

Cereal, tea, coffee, cocoa, cotton, oil, minerals

Abbas Mahamat Tolli, governor of the Bank of Central African States, in Paris in 2018. © Henri Szwarc/Abaca

Spotlight

CENTRAL AFRICA Energy Mining Commodity traders 17/03/2023

Pressure mounts on CEMAC to relax foreign exchange rules

DRC Mining Commodity traders 15/03/2023

Double act takes over from Trafigura trader Economou to ensure cobalt continuity

The discovery of major fraud in Trafigura's nickel business, which could cost the Swiss firm up to $577m, pushed its trader Socrates Economou towards the exit. Mehdi Wetterwald and Daniel von Arx are taking over from him and will head to DR Congo to secure the group's supplies of cobalt.

IVORY COAST Commodity traders 13/03/2023

Cargill granted extra cocoa beans quota

A farm worker with cacoa beans at a farm in Ivory Coast. © Legnan Koula/EPA/MaxPPP

Cocoa cartel v traders

A bauxite factory at Kamsar in Guinea. © Georges GOBET/AFP

Inner circles

GUINEA Mining Commodity traders 10/03/2023

Junta leader Doumbouya keeps close eye on flourishing state-owned Soguipami Free

Transition in Guinea

EGYPT Commodity traders 09/03/2023

Cairo picks unknown Grainflower to supply Russian wheat

The winner of an Egyptian government call for tenders to supply 240,000 tonnes of wheat is a previously unknown Dubai cereals trader with ties to Trading House RIF, the biggest exporter of Russian wheat.

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Commodity traders

UGANDA Commodity traders Politics 02/03/2023

Kampala appoints US trade representative

Ugandan President Yoweri Museveni named US national Cody Lorance trade representative to the US.

EGYPT Commodity traders 28/02/2023

Cairo still struggles to find wheat as war in Ukraine continues

Egypt has its most powerful members of government working on diversifying the country's wheat supply. It is looking at the Balkans, Central Europe and India, but its two main suppliers - Russia and Ukraine - have no need to worry.

Workers unload wheat at the Banha grain silos, in Qalyubia Governorate, Egypt, 25 May 2022.

IVORY COAST Commodity traders 23/02/2023

Worried Ivorian cocoa traders turn to Ouattara for help

Local cocoa exporters are experiencing significant supply issues and may not manage to honour the contracts that expire when the main 2022-2023 harvest ends this month. Citing lack of action from the cocoa regulatory board, they are asking the president to step in.

ALGERIA Commodity traders 13/02/2023

After Tunisia, Cevital resumes sugar exports to Mauritania and Lebanon

The leading agro-industrial group Cevital and other Algerian sugar refineries resumed exports in late January, after a ten-month ban ordered by President Abdelmadjid Tebboune to prevent shortages.

SUB-SAHARAN AFRICA Commodity traders Central Africa 08/02/2023

France gives helping hand to Céréalis' growing trade in Africa

Céréalis, the leading French wheat trader south of the Sahara, has been granted a new credit facility by a subsidiary of France's AFD development agency. West and Central African millers, who have turned increasingly to French wheat because of the war in Ukraine, had lobbyied for the measure.

MADAGASCAR Commodity traders 08/02/2023

Angry French vanilla exporters seek help from Paris

Major French traders are up in arms about the latest measures put in place by Madagascar's vanilla regulatory board, and have written to French Trade Minister Olivier Becht to ask for his help.

KENYA Commodity traders 03/02/2023

Gachagua's coffee sector reforms challenge dominance of foreign traders

Kenya's deputy president is determined to reform the coffee sector and improve the situation of local traders in relation to foreign heavyweights.

In Focus IVORY COAST Commodity traders 30/01/2023

Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader

Loïc Folloroux, the son of Ivory Coast first lady Dominique Ouattara and owner of Africa Sourcing, has been an effective advocate and a major beneficiary of regulations favouring local players in the country's vital cocoa trade.

The discreet businessman Loïc Folloroux, son of First Lady Dominique Ouattara, has established himself in recent decades as the leading local bean trader.

ALGERIA Commodity traders 30/01/2023

Cevital aims to resume sugar exports to Europe

The EU ambassador to Algeria, Thomas Eckert, was recently received by Abdelkader Guemache, the CEO of Cevital. The Algerian agro-industrial leader wants to see the ban on sugar exports to Europe lifted.

KENYA Commodity traders 27/01/2023

Gachagua seeks to revive glory days of Kenya's coffee sector

Kenya's deputy president has been tasked with overhauling the coffee sector, which is vital to the economy of his native region. He wants to create new institutions to revive a once highly lucrative crop that has been in a slump for decades.

ASIA KENYA MIDDLE EAST Commodity traders 19/01/2023

Top tea consortium finds new outlets in Middle East and Asia

The KTDA tea producers' consortium is trying to adapt to the woes of its dollar-starved customers by using other intermediaries. Kenyan trader Cup of Joe is emerging as a key partner in Dubai to reach Middle Eastern markets.

SOUTHERN AFRICA Commodity traders 19/01/2023

US vanilla importers battle for lower minimum price

The new US ambassador to Antananarivo has made herself the spokesperson in Madagascar for her country's vanilla importers, who view the obligatory minimum price for the spice as much too high and have boycotted the sector in protest.

KENYA Commodity traders Business 16/01/2023

Could Kenya's GM U-turn prompt regional policy shift?

Purportedly to help it deal with one of the worst droughts in its history, Kenya plans to import genetically modified seeds to grow food. The dramatic policy shift is unpopular on many levels, not least among wary neighbouring countries.

Kenya's prolonged drought decimates heritage wildlife ecosystem: Amboseli National Park, 18 December 2022.

IVORY COAST Commodity traders 16/01/2023

As he tussles with cocoa giants, Ouattara turns to China

The Ivorian president is trying to steer Chinese industrial projects towards the cocoa sector so as to bypass the major international players with which Abidjan is at odds.

Ivorian President Alassane Ouattara in Abidjan on 7 January 2023.

MOROCCO Mining Commodity traders 03/01/2023

Managem and Glencore fine-tune recycled cobalt project

In a bid to improve its image, the Swiss raw materials giant Glencore has teamed up with Morocco's Managem to produce 1,200 tonnes of recycled cobalt.

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Commodity traders

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

COMMODITY TRADERS

Pressure mounts on CEMAC to relax foreign exchange rules

Double act takes over from Trafigura trader Economou to ensure cobalt continuity

Cargill granted extra cocoa beans quota

Junta leader Doumbouya keeps close eye on flourishing state-owned Soguipami Free

Cairo picks unknown Grainflower to supply Russian wheat

Free Articles

Forestry permit audit in DR Congo poses threat to several industry tycoons

Army supports Suluhu's military diplomacy drive

MINUSMA set to release explosive report on Moura 'massacre'

Kampala appoints US trade representative

Cairo still struggles to find wheat as war in Ukraine continues

Worried Ivorian cocoa traders turn to Ouattara for help

After Tunisia, Cevital resumes sugar exports to Mauritania and Lebanon

France gives helping hand to Céréalis' growing trade in Africa

Angry French vanilla exporters seek help from Paris

Gachagua's coffee sector reforms challenge dominance of foreign traders

Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader

Cevital aims to resume sugar exports to Europe

Gachagua seeks to revive glory days of Kenya's coffee sector

Top tea consortium finds new outlets in Middle East and Asia

US vanilla importers battle for lower minimum price

Could Kenya's GM U-turn prompt regional policy shift?

As he tussles with cocoa giants, Ouattara turns to China

Managem and Glencore fine-tune recycled cobalt project

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

Africa in the Russia-Ukraine war

The Sahel threatened by a jihadist tornado

Sisi's African offensive

COMMODITY TRADERS

Pressure mounts on CEMAC to relax foreign exchange rules

Double act takes over from Trafigura trader Economou to ensure cobalt continuity

Cargill granted extra cocoa beans quota

Junta leader Doumbouya keeps close eye on flourishing state-owned Soguipami Free

Cairo picks unknown Grainflower to supply Russian wheat

Free Articles

Forestry permit audit in DR Congo poses threat to several industry tycoons

Army supports Suluhu's military diplomacy drive

MINUSMA set to release explosive report on Moura 'massacre'

Kampala appoints US trade representative

Cairo still struggles to find wheat as war in Ukraine continues

Worried Ivorian cocoa traders turn to Ouattara for help

After Tunisia, Cevital resumes sugar exports to Mauritania and Lebanon

France gives helping hand to Céréalis' growing trade in Africa

Angry French vanilla exporters seek help from Paris

Gachagua's coffee sector reforms challenge dominance of foreign traders

Loïc Folloroux, son of Ivorian first lady and behind-the-scenes cocoa trader

Cevital aims to resume sugar exports to Europe

Gachagua seeks to revive glory days of Kenya's coffee sector

Top tea consortium finds new outlets in Middle East and Asia

US vanilla importers battle for lower minimum price

Could Kenya's GM U-turn prompt regional policy shift?

As he tussles with cocoa giants, Ouattara turns to China

Managem and Glencore fine-tune recycled cobalt project

Refine your search

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: