Forafric Global PLC [AFRIW]
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About
Forafric Global PLC operates as a diversified investment holding company focused on agribusiness, manufacturing, and trading activities across Africa. Headquartered in Ethiopia, the company conducts business through multiple subsidiaries that span agricultural production, food processing, and commodity trading. Forafric's core operations include large-scale farming of cereals and oilseeds, edible oil production, and the manufacturing of consumer goods including pasta, biscuits, and beverages. The company also maintains trading operations that import and distribute agricultural inputs, construction materials, and industrial equipment throughout the East African region. Forafric operates several processing facilities in Ethiopia, including grain mills, edible oil refineries, and food manufacturing plants that serve both domestic and regional markets. The company cultivates thousands of hectares of farmland, positioning itself as a significant player in Ethiopia's agricultural value chain. As a publicly traded entity on the Ethiopian Securities Exchange, Forafric represents one of the country's established conglomerates with operations that integrate primary agriculture with value-added processing. Recent developments include expansion of its manufacturing capacity and efforts to modernize its agricultural operations through improved mechanization and irrigation systems. The company continues to adapt to Ethiopia's evolving economic landscape while maintaining its focus on food security and import substitution through local production of essential commodities.