CÉRÉALIS, PROPARCO and BIC-BRED (Suisse) SA renew their partnership to support food security in Africa.
15 October 2024
The renewal of this partnership enables Proparco to support Bic-Bred (Suisse) SA, a 100% subsidiary of the French group Bred Banque Populaire, in the financing it provides to Céréalis, a company specialising in the international trade of soft wheat for the milling industry in sub-Saharan Africa. Céréalis will thus continue to pursue this activity, which is essential to the economic development of sub-Saharan African countries, by helping to facilitate trade in cereals and guaranteeing supplies of basic agricultural products to vulnerable countries.
The partnership will also support African SMEs whose business is based on importing foodstuffs, processing them and selling them locally. In addition, as Céréalis has recently developed a wheat bran trading business, the partnership will also support inter-African trade in surplus wheat bran from certain West African mills, which is exported mainly to feed mills in North Africa. For Hugo Depoix, Managing Director of Céréalis, « We would like to thank Proparco and Bic-Bred for renewing and strengthening our partnership. This is fully in line with Cerealis’ support for the growing demand from the milling and feed industries in Africa and Madagascar. These are major challenges for a continent whose demographic growth is exponential and whose food security needs to be ensured. »
DAVOF Selects Céréalis to Take Over Its Operations in Africa
13 December 2023
In a significant announcement on December 13, 2023, DAVOF is preparing for a transformative shift in its operations starting on February 1, 2024.
As part of this transition, the supply of agriproducts, including Ivory Coast wheat bran pellets and palm kernel expellers, will be entrusted to CEREALIS in Paris.
See the Press Announcement here.
Millers in West and Central Africa now prefer French wheat
08 February 2023
Thanks to financial assistance from AFD subsidiary Proparco, the leading French wheat trader south of the Sahara will be able to benefit from a credit facility to supply its customers. Millers in West and Central Africa, who now prefer French wheat, have lobbied in favor of this measure.
Proparco joins forces with BIC Bred and Céréalis to support cereal imports into Africa
19 January 2023
This initiative is part of the response to the growing demand for cereals by SME millers in sub-Saharan Africa. “This partnership with Proparco enables Bic-Bred (Suisse) SA to support Céréalis’ growing financing needs, which are driven by population growth and changing eating habits in sub-Saharan Africa”.
Interview with Hugo Depoix in the New York Times
August 2022
A few days ago, Hugo Depoix, Managing Director of CEREALIS PARIS, was interviewed by The New York Times newspaper to give his views on the #grain agreement signed last Friday between #Ukraineand #Russia and its consequences for #Africa.
Impact of the Russian-Ukrainian conflict on the cereals market in Africa?
14 March 2022
(Podcast) What impact will the Russian-Ukrainian conflict have on the African cereals market? Hugo Depoix, Managing Director of Céréalis, Africa’s leading supplier of French milling wheat to private mills in West and Central Africa, explains.
Cameroon imported 860,000 tonnes of wheat in 2020 from Russia, Canada, France and the USA
27 August 2021
These imports, which cost around FCFA 150 billion, are up by 30,000 tonnes year-on-year. They are gradually approaching the 900,000 tonnes of imports forecast at the start of the year by the Ministry of Trade and operators in the sector.
