Olam Agri, a global leader in food and agriculture, is set to transform the pasta market in Ghana by constructing a new state-of-the-art pasta production facility and expanding its wheat flour production capacity. The facility is planned in two phases, and when completed, it will have the volume capacity potential to meet the entire demand for pasta in Ghana. As Ghana’s one and only pasta production facility, it will bring the products closer to the Ghanaian consumer. Premium wheat will be sourced and milled for pasta production directly by Olam Agri for better quality control.
Baibhav Biswas, Country Head of Olam Agri in Ghana, said: “With this facility, we will be able to bring high quality, highly nutritious, and affordable pasta products closer to our Ghanaian consumers than ever before. This speaks of our commitment to Ghana and our efforts to contribute positively to the economic development and food security in the country thanks to greater stability in the supply and affordability of pasta. We hope that this raises the bar for the entire industry. It is an exciting chapter for Ghana’s food landscape, and the future of pasta looks bright and delicious.”
Olam Agri has a 30-year track record in Ghana as a major provider of food and agriculture products. Over the years, the company has invested in high-quality infrastructure and competent human resources to ensure the production of quality products that meet local demands and international standards.
Growth of Olam Agri in wheat and pasta in Africa
Olam Agri has established a strong and trusted wheat milling and pasta production business in Africa over the past 14 years. It produces wheat flour in Ghana, as well as in Nigeria, Senegal, and Cameroon, with domestic distribution in all of these markets and exports to Benin, Togo, Burkina Faso Chad, Central African Republic, Mali, and Guinea. The company currently produces pasta in Nigeria for domestic retail consumption under a strong stable of consumer brands such as ‘Mama Gold’, ‘Crown Premium’, ‘First Choice’ and ‘Bijou’.
Olam Agri’s Global Managing Director for Processing & Value Add, Saurabh Mehra said: “Olam Agri is known for its capabilities in global sourcing and origination, processing and manufacturing as well as end-distribution of wheat flour and pasta. Our expertise in wheat milling operations, consumer insights and on-the-ground network has allowed us to foster long-term relationships with consumer and business customers. This expansion in Ghana comes amidst growing demand in the country and broader region for high quality food products. It is underpinned by a number of long-term fundamentals including demographic change, increasing urbanisation, and the development of the food sector, including the downstream sectors. We are committed to building our processing footprint in Ghana.”
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About Olam Agri
Olam Agri is a market leading, differentiated food, feed and fibre agri-business with a global origination footprint, processing capabilities and deep understanding of market needs built over 34 years. With a strong presence in high-growth emerging markets and products across grains & oilseeds, freight, integrated feed & protein, rice, edible oils, specialty grains & seeds, sugar, cotton, wood products, rubber and risk management solutions, Olam Agri is at the heart of global food and agri-trade flows with 39.6 million MT in volume traded in 2023. Focused on transforming food, feed and fibre for a more sustainable future, it aims at creating value for customers, enable farming communities to prosper sustainably and strive for a food-secure future. Olam Agri Holdings Limited, which holds the Olam Agri business, is a 64.6% owned subsidiary of Olam Group. 35.4% of Olam Agri Holdings is owned by SALIC International Investment Company, a wholly owned subsidiary of Olam Agri’s strategic partner The Saudi Agricultural and Livestock Company. For more information and to subscribe to our news alerts, please visit https://www.olamagri.com/.
About Olam Group
Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to 22,000 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a global network of farmers. Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders. Headquartered and listed in Singapore, Olam Group currently ranks among the top 30 largest primary listed companies in terms of market capitalisation on SGX-ST. Since June 2020, Olam Group has been included in the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency. More information on Olam can be found at www.olamgroup.com.
