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

Read this article in our running story

“Africa in the Russia-Ukraine war”

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. [...]

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. At stake in these negotiations is the bread price support programme, a guarantor of social peace. [...]

Published on 05/04/2022 at 05:00 GMT Reading time 3 minutes

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Commodity traders, Diplomacy

Read this article in our running story

“Africa in the Russia-Ukraine war”

Africa

Africa in the Russia-Ukraine war

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Al-Sayed el-Quseir
Ali Mohseli
Bruno Le Maire
Chicago Mercantile Exchange
General Authority for Supply Commodities
Hala Elsaid
Mostafa Madbouli
Piyush Goyal

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

Egypt, France, India
French wheat traders descend on Egypt

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.

Subscribers only Commodity traders, Business 05.07.2022

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.

In Focus | Qatar, Saudi Arabia, UAE
Gulf nations fall back on trading giants for food security

Faced with a tense food situation and the lukewarm success of their agricultural projects in Africa, Saudi Arabia, the UAE and Qatar have fallen back on commodities traders such as Louis Dreyfus and Olam. They are also using the traders' Dubai-based teams to help Egypt and other friendly nations struggling.

Subscribers only Commodity traders 06.06.2022

Salic CEO Sulaiman al-Rumaih (left) and Olam group CEO Sunny George Verghese.

North Africa
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.

Subscribers only Commodity traders, Business 20.05.2022

Nigeria
First Indian wheat shipload sets sail for Nigeria

To supply its noodle factories and mills, Dufil Prima Foods has decided to bring Indian wheat to Lagos, a first in West Africa. But to introduce this product further, major logistical challenges must be overcome.

Subscribers only Commodity traders, Business 09.05.2022

North Africa
How Italy's Casillo became a key player in Tunisia's cereal market

The Casillo family group, the leading supplier of durum wheat to Italian pasta manufacturers, has for several years systematically responded to calls for tenders from the Tunisian cereals office. This has enabled it to bag a swathe of the country's supply contracts since the start of the Ukraine war.

Subscribers only Commodity traders, Business 22.04.2022

The port of Rades, the main entry point for cereals in Tunisia.

Africa
France fine-tunes FARM food security plan, as US preps its own initiative

The Elysée is fine-tuning its emergency plan to help countries most dependent on cereal imports, many of which are in Africa. Washington, the West African Monetary and Economic Union, and the World Food Programme are also drawing up plans.

Subscribers only Diplomacy 11.04.2022

French President Emmanuel Macron at the press conference at the end of G7 meeting of 24 March, annoncing the FARM initiative.

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

Egypt, France
Bruno Le Maire talks up Thales in Cairo

During an official visit to Egypt on 28 and 29 March, the French Minister for the Economy, Bruno Le Maire, discussed several economic issues with Egyptian Prime Minister Moustafa Madbouli.

Subscribers only Infrastructure, Business 31.03.2022

Egypt, France
Egypt's PM in Paris to talk business

On 25 October, the Egyptian prime minister Moustafa Madbouli along with six of his ministers will be in Paris to meet with French officials. The delegation will also attend a France-Egypt business summit organised by France's business lobby Medef and meet representatives of a dozen French companies.

Subscribers only Business 22.10.2021

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Al-Sayed el-Quseir
Ali Mohseli
Bruno Le Maire
Chicago Mercantile Exchange
General Authority for Supply Commodities
Hala Elsaid
Mostafa Madbouli
Piyush Goyal

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

Africa in the Russia-Ukraine war

This article is free

Create an account to read more

create a free account

Africa in the Russia-Ukraine war

Set up email notifications for these topics

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

Egypt, France, India
French wheat traders descend on Egypt

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

In Focus | Qatar, Saudi Arabia, UAE
Gulf nations fall back on trading giants for food security

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

Nigeria
First Indian wheat shipload sets sail for Nigeria

North Africa
How Italy's Casillo became a key player in Tunisia's cereal market

Africa
France fine-tunes FARM food security plan, as US preps its own initiative

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

Egypt, France
Bruno Le Maire talks up Thales in Cairo

Egypt, France
Egypt's PM in Paris to talk business

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Nigeria The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic Between business and politics, the secrets of Antoine Ndzengue's rise

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

Africa in the Russia-Ukraine war

This article is free

Create an account to read more

create a free account

Africa in the Russia-Ukraine war

Set up email notifications for these topics

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

Egypt, France, India French wheat traders descend on Egypt

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

In Focus | Qatar, Saudi Arabia, UAE Gulf nations fall back on trading giants for food security

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

Nigeria First Indian wheat shipload sets sail for Nigeria

North Africa How Italy's Casillo became a key player in Tunisia's cereal market

Africa France fine-tunes FARM food security plan, as US preps its own initiative

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

Egypt, France Bruno Le Maire talks up Thales in Cairo

Egypt, France Egypt's PM in Paris to talk business

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Cameroon, Central African Republic
Between business and politics, the secrets of Antoine Ndzengue's rise

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

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

Egypt, France, India
French wheat traders descend on Egypt

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

In Focus | Qatar, Saudi Arabia, UAE
Gulf nations fall back on trading giants for food security

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

Nigeria
First Indian wheat shipload sets sail for Nigeria

North Africa
How Italy's Casillo became a key player in Tunisia's cereal market

Africa
France fine-tunes FARM food security plan, as US preps its own initiative

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

Egypt, France
Bruno Le Maire talks up Thales in Cairo

Egypt, France
Egypt's PM in Paris to talk business