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In Africa, we have facilities in Nigeria, Ghana, Cameroon and Senegal helping these countries to reduce import costs of refined wheat. With an unrelenting focus on food safety, innovation and cost efficiencies, we produce a range of quality flours for breads, baguettes, pasta noodles, biscuits, semolina and confectionery.
We market wheat and maize to many countries in Southern Africa, and are expanding into North and West Africa. From our Durban office, we run our Atlantic freight desk, procurement, and risk management for all our mills.
Since entering the Animal Feed and Protein sector in Nigeria, we are also helping to stimulate rural communities and support domestic food security.
Our physical presence in major origin and consuming countries for these products has given us an in-depth understanding of local market dynamics, helping us develop long-standing relationships with both producers and consumers.
KC Suresh
Managing Director and CEO, Grains and Animal Feed
Prior to our acquisition of Crown Flour Mill (CFM) in Nigeria in 2010, millers imported most of the wheat from the United States. This quality but high value import creates a substantial foreign exchange burden on Nigeria.
With our major investments in modern milling plants (including the recent acquisition of Dangote Flour Mills) and technical innovations, we have been able to develop a milling process that uses wheat from different origins, which in turn leads to major savings for Nigeria.
Olam submitted a binding offer to acquire 100% equity ownership of Dangote Flour Mills Plc (DFM), a leading flour and pasta manufacturer in Nigeria.
Olam Grains Ghana, has launched a tree planting project, in collaboration with the Environmental Protection Agency (EPA), to mitigate environmental degradation in the northern region.
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