Forafric Global

AFRI · NASDAQ

$11.82−$0.25 (−2.07%)TodayMarket closed ·
Prev close $12.07

About AFRI

Forafric Global Plc operates as an agribusiness player in Africa with activities in Morocco and Sub Saharan Africa. The principal agricultural commodities that it handles are flour and semolina, and secondary processing products, such as pasta and couscous. Its segments include Soft Wheat, Durum Wheat, and Couscous and Pasta. The Soft Wheat segment includes the production and sale of soft wheat yielding flour that is used to make desserts and sauces. The Durum Wheat segment includes the production and sale of hard wheat yielding flour that is used to make pasta. The Couscous and Pasta segment includes the secondary processing of products, including couscous and pasta sold to end customers. The company sells processed commodity products to customers in over 45 countries in Europe, Asia, Africa, and the Middle East. The firm operates approximately 12 industrial units and two logistics platforms. Its brands include Tria and MayMouna.

Employees
600
Headquarters
Gibraltar
Listed
Feb 5, 2001
Sector
Consumer Staples
Industry
Food Products

Leadership

Forafric Global executives
NameTitleSince
Khalid Assari—2024
Julien Benitah—2022
Mustapha Ghazali——
Oury Marciano——
James Lasry——
Paul Packer——
Rachel Bitan——
Franco Cassar——
Ira Greenstein——
Brett Maas—2022

Revenue by product and region

Fiscal year ended Dec 31, 2024: $274.22M total revenue

By product

  • Soft Wheat [Member]$215.09M78.4%
  • Durum Wheat [Member]$27.42M10.0%
  • Couscous and Pasta [Member]$27.02M9.9%

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