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Tag: Mali

Mali’s biscuit giant SOMABIS plans to double production capacity with a new factory

MALI – The International Finance Corporation (IFC) plans to grant US$4.3M to Société Malienne de Biscuiterie (SOMABIS), an established biscuit manufacturer in Mali, to support the Company’s expansion investment program. According to IFC, this project will expand the company’s production capacity on a new site with the installation of a new state-of-the-art production line of biscuits, with a double capacity…

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Mali sets to import 290,000 tonnes of broken rice from India 

MALI- West African country Mali is seeking to import 290,000 tonnes of broken white rice from India through government-to-government channels following India’s lifting of the ban on broken rice exports in May this year.  India instituted the ban on broken rice exports in September last year to meet its local demand for the commodity.  According to a senior Indian government…

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Mali cereal production projected to hit 10.9 million tonnes in 2023/24

MALI – The Ministry of Agriculture has indicated that the cereal harvest is expected at 10.9 million tonnes at the end of the 2023/2024 campaign, up 6% compared to the previous year’s stock, Ecofin Agency reports. According to the authorities, these positive prospects are attributed to an expansion of the areas planted, better weather conditions as well as an effective…

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Mali inaugurates modern rice paddy hulling unit in Mopti in a bid to achieve self-sufficiency

MALI – Malian Prime Minister Choguel Maïga has inaugurated a paddy rice processing unit in Mopti, a regional project envisioned to give a boost to the agricultural sector in the area, Ecofin Agency has reported According to the executives, the husking unit will positively contribute to the country’s move to attain self-sufficiency in rice and reduce imports.   The new…

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