Sudan to import 3.5 million tons of wheat in 2023 to meet demand as local production contracts: FAO

SUDAN – The Food and Agriculture Organization of the United Nations (FAO) has estimated wheat imports in Sudan could reach 3.5 million tons in 2023 on the backside of a production shortfall, Ecofin Agency has reported. According to FAO, this volume, which represents more than 97% of the country’s total cereal import needs, would mark a significant increase compared to…

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East Africa’s wheat prices to remain high on sharp drop in Ukrainian production

EAST AFRICA- The Economic Intelligence Unit (EIU), the research and analysis division of the Economist Group, is forecasting higher wheat commodity prices for East African countries due to their high reliance on Ukraine. According to EIU, while demand may slow, supply won’t rise high enough to put enough downward pressure on prices, following a sharp decline in grain production in…

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AfDB sets aside US$91m to support grain self-sufficiency initiatives in Sudan, Sierra Leone

AFRICA – The African Development Bank (AfDB)  under its African Emergency Food Production Facility is committing US$90.91 million to support wheat and rice production initiatives in Sudan and Sierra Leone respectively. The African Emergency Food Facility,  a segment of the AFDB was launched in May 2022 to help African countries avert the ongoing food crisis due to the disruption of…

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