Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt’s Prime minister says that the prices of essential goods will drop by 15 to 20 percent in coming days. He added that $4.5 billion of goods delayed in ports due to unavailable foreign exchange will now be released. Egypt’s wheat imports for 2023/24 are forecast to exceed 12 MMT which will once again make Egypt the largest world importer of wheat. Tunisia has received a $300 million loan from the World Bank to rebuild the grain sector that has been hard hit by years of drought. The loan will be managed through Tunisia’s Emergency Food Security Response Project. Tunisia is expected to import 555,000 MT of soybeans in 2024/25 alo...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.