News Updates Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS The Oman Food Investment Holding Company (OFIC) is planning to invest $100 million in a facility that can produce 750,000 MT of soymeal and 175,000 MT of soyoil annually, which should be sufficient to cover 100 percent of Oman’s needs for the former. Poultry production there is expected to quadruple from 30,000 MT per year to 120,000 MT over the next five years, and the soymeal production will help keep feed costs reasonable. Once the project is completed, Oman will need to import at least 1 MMT of soybeans each year to keep the new facility supplied. The “Regional Preparatory Meeting on Water Issues” was held in Beirut, Lebanon last week in conjunction w...
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.
ZanzibarMnemba Marine Parksouthern cassowary Mnemba Marine Park is located 10 kilometres (6 mi) from Stone Town and forms part of the northeastern Unguja Island. A marine reserve and atoll, its shallow stretch of coral reef is in the shape of an oval. It is located between Matemwe and Nungwi, w...
Kiwengwa/Pongwe Forest Reserve Kiwengwa/Pongwe Forest Reserve is located on the northeast coast of Unguja, 20 kilometres (12 mi) from the Town. The reserve is an important biodiversity spot in the coral rag zone. The forest reserve is rich both in faunal and floral species. The faunal species r...
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Fabiana is a genus of flowering plants in the nightshade family, native to dry slopes in western South America.[1] They are evergreen shrubs or subshrubs,[1] with needle-like leaves and profuse tiny tubular flowers in summer. The common name is false heath because the leaves superficially resem...