Forafric
Forafric is a commodity trading company in Morocco trading Grains. View company details on the Trados directory.
- Location: Morocco
- Commodities: Grains
- Website: https://forafric.com/en/trading-and-storage
- Verification status: Listed, unclaimed
About Forafric
Forafric Global PLC is a vertically integrated agribusiness company that specializes in the purchase, storage, transport, processing, and sale of agricultural commodities, primarily wheat and related products. Founded in 1926 and headquartered in Gibraltar, Forafric operates in Morocco, Burkina Faso, Mali, and exports to around 45 countries. The company is publicly traded on Nasdaq under the ticker AFRI, following a SPAC merger with Globis Acquisition Corp. Forafric focuses on three main segments: Soft Wheat, Durum Wheat, and Couscous and Pasta. Its primary products include wheat flours and semolina, while secondary products consist of pasta and couscous, marketed under the TRIA and MayMouna brands. The company emphasizes scalability and food security in Africa, with recent expansions to increase processing capacity and partnerships to enhance its operations. Forafric serves wholesale food manufacturers and distributors, providing comprehensive services throughout the wheat supply chain.