MAIZE  #Import

The size of the sesame oil market in Africa reduced modestly to $721M in 2024, remaining constant against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a relatively flat trend pattern. The level of consumption peaked at $929M in 2017; however, from 2018 to 2024, consumption stood at a somewhat lower figure.

- Growing Demand: The demand for millet in Africa is increasing due to its nutritional benefits, gluten-free properties, and drought resistance. Countries like South Africa, Kenya, and Nigeria are driving this growth.- Market Size: The global millet market size was estimated at $36.94 billion in 2023 and is projected to reach $55.71 billion by 2030, growing at a CAGR of 6.2%. Africa is expected to play a significant role in this growth.-

Tunisia’s recurring soft wheat tenders aren’t just a local story—they’re a bellwether for global agricultural markets. As the North African nation scrambles to secure its wheat supply against a backdrop of drought, domestic production shortfalls, and geopolitical shifts, investors are being handed a unique opportunity to capitalize on structural demand trends in global commodities.Tunisia’s wheat imports have surged in recent years, with the 2024/25 season projecting a staggering 1.8 million metric tons of imports to meet domestic consumption of 2.89 million metric tons. This dependency isn’t a temporary fix—it’s a structural shift driven by three key factors: 1. Domestic Production Constraints: Tunisia’s wheat output remains stubbornly low, averaging 1.25 million metric tons annually. Droughts and soil salinity issues in key growing regions like Kairouan and Sousse have made self-sufficiency a distant dream.

The centerpiece of this collaboration is Niger State’s bold vision to increase annual paddy production from the current 1.5 million tons to an unprecedented 10 million tons by 2030. This six-fold increase represents one of Africa’s most ambitious agricultural transformation targets and positions Niger State as a critical player in Nigeria’s journey toward rice self-sufficiency.“Through this strategic partnership with AfricaRice, Niger State is committed to transforming our entire rice value chain to dramatically increase yields and production statewide. With rice being a staple food for millions of Nigerians, this partnership presents a golden opportunity to scale up proven innovations and finally achieve the rice self-sufficiency our nation deserves.” stated H.E. Hon.