Keywords: Agribusiness


JBS and Indonesian sovereign wealth fund launch $2.5 billion protein investment venture

Brazilian food giant JBS is expanding its presence across the Asia-Pacific region through a major strategic partnership with PT Danantara (DIM), an investment arm of Indonesia's sovereign wealth fund, in a deal designed to accelerate protein production and strengthen regional food supply chains. The......

Syngenta names Hengde Qin as new CEO in leadership transition

Swiss-based agricultural technology company Syngenta has appointed Hengde Qin as its new Chief Executive Officer, with the leadership transition set to take effect on August 1, the company announced on Wednesday. The appointment marks a significant leadership change at one of the world's largest......

IG4 pursues Raízen acquisition amid major debt restructuring in Brazil

Brazilian private equity group IG4 has set its sights on acquiring control of Raízen, one of the country's largest sugar and ethanol producers, in a move that could reshape part of Brazil’s agribusiness landscape. The investment firm aims to secure commitments from creditors and shareholders......

Adil Benjelloun: A Moroccan leader in global agribusiness

In the realm of international agribusiness, few figures exemplify the blend of cultural heritage and global expertise as effectively as Adil Benjelloun. Currently serving as Vice President of MEFSCO, a strategic partnership between the American agricultural powerhouse Cargill and Saudi Arabia's leading......

US Agribusiness Mission to Morocco: Strengthening Trade Ties and Expanding Market Access

The United States is making strides to deepen its presence in Africa's agribusiness sector, with a major focus on Morocco as a strategic gateway. The U.S. Department of Agriculture will host its first-ever Agribusiness Trade Mission to Morocco from December 2 to 5, an event hailed as the largest......

Morocco allows olive oil imports from Brazil amid production decline

Facing an 11% drop in olive oil production due to consecutive droughts, Morocco has taken a significant step to secure its domestic supply by authorizing the import of 10,000 tons of Brazilian olive oil by the end of 2024. This move was warmly welcomed by the Brazilian government as a notable advancement......

Forafric Expands Milling Capabilities with Decade-Long Facility Lease

Forafric, a leading agribusiness player with operations in Morocco and across Sub-Saharan Africa, has signed a 10-year renewable contract to lease and operate a milling facility in the Meknès-Fès region. This move is expected to significantly increase the company's milling capacity. This......