The agreement also includes options for SALIC to acquire the remaining 19.99% stake in Olam Agri within three years, potentially giving it full ownership.
Under the terms of the MoU, the organisations will focus on scaling programs for smallholder farmers in soy, wheat, maize, and rice value chains in Nigeria.
Olam intends to establish feed mills for poultry and aquaculture, two sectors considered strategic to Ghana’s long-term food security.