Regional Updates MEDITERRANEAN/MIDDLE EAST/NORTH AFRICA/AFRICA – MEA REGION Egypt is reportedly looking at the possibility of importing wheat from Zimbabwe, Mexico, and Sweden as part of its plans to increase the number of sources for its yearly wheat requirements. According to news reports, Egypt will have 22 certified wheat exporters/suppliers (countries) by 2025/26. Egypt plans to increase wheat planting in 2024/25 by 10 percent. Local wheat storage will also be expanded from the current 3.9 MMT to 5.2 MMT. Egypt’s new Mostaqbal Misr (Future of Egypt) program, along with other current land reclamation programs, is forecast to increase Egypt’s total agricultural area by 40 percent by 2027. Much of the land reclamatio...
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.