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Forafric Global PLC, based in Gibraltar, operates in Morocco and Sub-Saharan Africa, purchasing, processing, and selling agricultural commodities, including flour, semolina, pasta, and couscous, serving wholesale clients and exporting to around 45...
Forafric Global PLC specializes in wheat-based products like flour, pasta, and couscous under MayMouna and TRIA, exporting to over 45 countries, with a strategic focus on expanding its presence in the Moroccan soft wheat market.
In a transformative move, Forafric Global PLC announced a new strategy to concentrate on its Moroccan soft wheat business. This included the divestment of non-core assets outside of Morocco, its durum wheat operations, and certain logistics activities, with expected proceeds of $80 to $100 million to strengthen its balance sheet. The company also appointed Mr. Khalid Assari as the new CEO.
Forafric Global PLC has initiated a significant strategic shift to concentrate its operations on the Moroccan market and its soft wheat business. This new strategy involves the divestment of all assets located outside of Morocco, its durum wheat businesses, and certain logistics operations. The company anticipates that this move will streamline its focus and bolster its financial standing.
Forafric Global PLC (Nasdaq: AFRI) ("Forafric" or the "Company") today announced the execution of a letter of intent ("LOI") for the acquisition of 100% of AL N
GIBRALTAR--(BUSINESS WIRE)--Forafric Global PLC (Nasdaq: AFRI) (“Forafric Global” or the “Company”) today announced that it will participate in the Marrakech Air Show 2026, taking place from October 7 - 10, 2026 in Morocco at the Marrakech Airbase. Company representatives will attend and hold meetings with prospective partners throughout the event. The Company's participation is in line with its strategic expansion plan announced in April 2026, under which Forafric Global is building on its cor.
Overall rating: C
| PEER | PRICE | |
|---|---|---|
 CHSCL | $25.00 | COMPARE |
 ALCO | $39.02 | COMPARE |
 NATR | $12.48 | COMPARE |
 LMNR | $12.03 | COMPARE |
 BRCC | $9.44 | COMPARE |
 SKIN | $0.56 | COMPARE |
 SLSN | $0.81 | COMPARE |
 TWG | $0.09 | COMPARE |
