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Egypt, France, India
French wheat traders descend on Egypt

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Africa

Africa in the Russia-Ukraine war

Despite taking place thousands of kilometres from Africa, Russia's invasion of Ukraine is having a substantial impact on the continent's economies and governments. Facing hurdles in the supply of grain, fertiliser and fuel, and starved of Russian investment, especially in mining projects, African countries are trying to adapt to the crisis while Moscow and Western countries are lobbying hard to bring them into line with their respective positions. [...]

Through an exceptional call for tenders involving 825,000 tonnes of wheat, Cairo has secured its supplies until mid-October. Of the 14 ships ordered by GASC, the authority in charge of purchasing cereals, six are French. In the absence of a carrier ready to sail to Russian ports, the world's leading wheat importer is counting on Paris and New Delhi, from which it plans to buy 180,000 tonnes. [...]

Published on 05/07/2022 at 06:00 GMT Reading time 2 minutes

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Commodity traders, Business

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“Africa in the Russia-Ukraine war”

Africa

Africa in the Russia-Ukraine war

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Ali el-Messelhy
Aston
Bunge
General Authority for Supply Commodities
Glencore
GTCS
Lecureur
Louis Dreyfus Co
National Navigation Company
Olam
Soufflet
Swiss Singapore
Viterra

Egypt
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.

Subscribers only Commodity traders 28.02.2023

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

Sub-saharan Africa
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.

Subscribers only Commodity traders, Central Africa 08.02.2023

Egypt
France to provide financing for the storage of 500,000 tonnes of wheat

The Agence Francaise de Developpement is to help Egypt to increase its wheat storage capacity. Since the Russian invasion of Ukraine, Egypt has had to buy wheat at high prices and hopes that bigger stocks will enable it to deal better with future supply crises.

Subscribers only Commodity traders 16.11.2022

Egypt
Cairo banks on IMF to save wheat-starved private flour mills

The state body that provides wheat for Egypt's subsidised bread programme has agreed to supply private millers to help them through a crisis that has shut most of their mills. But this is a stop-gap measure, with the country hoping that an IMF loan will provide long-term relief.

Subscribers only Commodity traders 24.10.2022

Africa, Turkey
Turkish traders play key role in delivering Russian and Ukrainian wheat to Africa

Istanbul traders and food companies are increasingly serving as intermediaries between Russia and the agricultural trading giants, particularly to supply North and East Africa with grain, flour and sunflower oil.

Subscribers only Commodity traders 24.06.2022

Egypt
Egpyt tries to adapt to drop in Russian cereal supplies and Indian embargo

Egypt is having great difficulty importing large quantities of Russian wheat, which represented nearly 60% of its purchases prior to the war in Ukraine. Cairo is now trying to negotiate with New Delhi in the hope of ensuring a partial lifting of the embargo on Indian wheat.

Subscribers only Commodity traders, Business 20.06.2022

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

Egypt
Cut off from Ukrainian wheat, Cairo on hunt for Indian supplies

The Egyptian government, which has until now always avoided sourcing from India, has reached out to New Delhi in a bid to obtain large volumes of grain to compensate for the lack of Russian and Ukrainian suppliers.

Free access Commodity traders, Diplomacy 05.04.2022

Africa
French grain traders Soufflet, Lecureur and Céréalis race to fill gap in market left by Russian and Ukrainian wheat

The halt in Russian and Ukrainian wheat exports has opened a window of opportunity for French grain producers in North and West Africa, who in recent weeks have been able to act as substitute suppliers at short notice.

Subscribers only Commodity traders 04.04.2022

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Ali el-Messelhy
Aston
Bunge
General Authority for Supply Commodities
Glencore
GTCS
Lecureur
Louis Dreyfus Co
National Navigation Company
Olam
Soufflet
Swiss Singapore
Viterra

Once registered, you will be notified by a short message on your computer or mobile phone as soon as a new edition of our publication or an alert is published. Stay informed anytime, anywhere!

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Egypt, France, India
French wheat traders descend on Egypt

Africa in the Russia-Ukraine war

This article may be accessed by subscribers

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Africa in the Russia-Ukraine war

Set up email notifications for these topics

Egypt
Cairo still struggles to find wheat as war in Ukraine continues

Sub-saharan Africa
France gives helping hand to Céréalis' growing trade in Africa

Egypt
France to provide financing for the storage of 500,000 tonnes of wheat

Egypt
Cairo banks on IMF to save wheat-starved private flour mills

Africa, Turkey
Turkish traders play key role in delivering Russian and Ukrainian wheat to Africa

Egypt
Egpyt tries to adapt to drop in Russian cereal supplies and Indian embargo

Egypt
Cut off from Ukrainian wheat, Cairo on hunt for Indian supplies

Africa
French grain traders Soufflet, Lecureur and Céréalis race to fill gap in market left by Russian and Ukrainian wheat

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

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Indigo Publications' websites

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Egypt, France, India French wheat traders descend on Egypt

Africa in the Russia-Ukraine war

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

Africa in the Russia-Ukraine war

Set up email notifications for these topics

Egypt Cairo still struggles to find wheat as war in Ukraine continues

Sub-saharan Africa France gives helping hand to Céréalis' growing trade in Africa

Egypt France to provide financing for the storage of 500,000 tonnes of wheat

Egypt Cairo banks on IMF to save wheat-starved private flour mills

Africa, Turkey Turkish traders play key role in delivering Russian and Ukrainian wheat to Africa

Egypt Egpyt tries to adapt to drop in Russian cereal supplies and Indian embargo

Egypt Cut off from Ukrainian wheat, Cairo on hunt for Indian supplies

Africa French grain traders Soufflet, Lecureur and Céréalis race to fill gap in market left by Russian and Ukrainian wheat

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Egypt, France, India
French wheat traders descend on Egypt

Egypt
Cairo still struggles to find wheat as war in Ukraine continues

Sub-saharan Africa
France gives helping hand to Céréalis' growing trade in Africa

Egypt
France to provide financing for the storage of 500,000 tonnes of wheat

Egypt
Cairo banks on IMF to save wheat-starved private flour mills

Africa, Turkey
Turkish traders play key role in delivering Russian and Ukrainian wheat to Africa

Egypt
Egpyt tries to adapt to drop in Russian cereal supplies and Indian embargo

Egypt
Cut off from Ukrainian wheat, Cairo on hunt for Indian supplies

Africa
French grain traders Soufflet, Lecureur and Céréalis race to fill gap in market left by Russian and Ukrainian wheat