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How Al Ghurair is ensuring wheat supplies for its north African clients

The trading company Al Ghurair Resources, the second largest importer of wheat to Algeria and a frequent bidder for contracts in Egypt and Sudan, is banking on cereals from the Americas to replace supplies from Ukraine, where it had a subsidiary. It also wanted to import wheat from India, but the recent ban will force the trader to change its plans. [...]
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Inner circles | Algeria
How OAIC cereals board provides daily bread to Algerians despite Ukraine war and scandals

Algeria's national cereals board, the OAIC, is the focus of major government spending and a key political tool for its bilateral relationship with France. The organisation is tasked with ensuring Algeria is supplied with wheat, despite the current high prices and the sometimes competing demands of millers, bakers and consumers.

LogoSubscribers only Commodity traders, Business 15.04.2022
The logo of the Office algérien interprofessionnel des céréales (OAIC) on a silo in the port of Algiers.

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