Olam Agri plans to invest about $400 million in African food supply chains through 2028, aiming to meet growing demand for meat and processed foods as diets shift across the continent.
The agricultural commodities trader said the investment will fund chicken and fish feed factories, grain processing and expanded wheat milling in countries including Nigeria and Ivory Coast.
The planned spending is in addition to about $115 million Olam has already invested in processing operations in West Africa since 2024.
Sources: Bloomberg Markets.