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Middle East & Africa


Morocco state grain agency buys 178,000 tonnes local soft wheat RABAT: Moroccan state grains agency ONICL has bought 178,000 tonnes of loal soft wheat at 2,545 to 2,880 Moroccan dirhams ($290-$330) per tonne, a few days after issuing a tender to buy 160,000 tonnes of US durum wheat.Morocco has extended a freeze on a 17 percent import duty on soft wheat to April 31 to ensure a regular supply of the commodity to the domestic market after drought hit its local harvest last year. The wheat will be used to make subsidised flour. Copyright Reuters, 2013 ...

Egypt to get help from US, European wheat exporters: Minister CAIRO: Egypt will receive payment facilities from American and European suppliers of wheat, an Egyptian newspaper on Saturday quoted minister of supplies Bassem Ouda as saying, as the world's biggest wheat importer struggles to pay for imports.Two years of turmoil since the overthrow of President Hosni Mubarak has badly hit an economy starved of tourism revenues and with a depreciating currency."American and European exporters of wheat will provide payment facilities to Egypt to import wheat ...
Ivory Coast fixes price for cocoa at 700 CFA francs/kg ABIDJAN: Ivory Coast fixed its government-guaranteed cocoa farmgate price at 700 CFA francs ($1.37) per kg for the April-to-Sept mid-crop harvest, down from a main crop price of 725 CFA francs per kg, the head of the country's marketing board said on Friday. "The guaranteed cocoa price is 700 francs per kilogramme," Lambert Kouassi Konan, chairman of the Coffee and Cocoa Council, told journalists in the commercial capital Abidjan. The world's top cocoa producer also ...
Iraq tenders to buy minimum 50,000T white sugar BAGHDAD: Iraq has issued a tender on Wednesday to buy a minimum of 50,000 tonnes of white sugar from all origins except India and Thailand, trade ministry said in a statement. Bidding deadline is April. 7 and offers must remain valid until April. 11.In its last reported sugar tender, Iraq bought 71,750 tonnes of white sugar from the United Arab Emirates. Copyright Reuters, 2013 ...
Ivorian cocoa arrivals seen at 998,000T: exporters ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 998,000 tonnes by March 17 since the start of the season in October, exporters estimated on Monday, compared with 1,025,000 tonnes in the same period of the previous season. The cummulative figure for the 2012/13 season was revised upward by 25,000 tonnes to take into account official arrivals data for the season to Dec. 31 released by the Coffee and Cocoa Council on ...
Ivorian cocoa arrivals seen at 954,000T ABIDJAN: Cocoa arrivals at ports in top grower Ivory Coast reached around 954,000 tonnes by March 10 since the start of the season in October, exporters estimated on Monday, compared with 1,015,000 tonnes in the same period of the previous season. Exporters estimated around 15,000 tonnes of beans were delivered to the West African state's two ports of Abidjan and San Pedro between March 4 and 10, up from 10,000 tonnes in the same week ...
Sudan expects 20 more firms to start producing gold this year   KHARTOUM: Sudan expects 20 more companies to start producing gold this year and will allocate more land for investors for mineral exploration, its mining minister told state news agency SUNA on Monday.   Sudan has licensed almost 100 companies to search and produce gold as it seeks to boost output of minerals to gain new sources of state income and of foreign currency needed to fund imports.   Gold has now become Sudan's biggest export product, partially replacing oil ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 23, 2014
Reserves $13.465 bln