Forafric Global PLC (AFRI) Sector
Consumer Staples

(Current) $10.43
0.07 (0.68%) Open Price: 10.43

 

Forafric Global Plc, listed on the Nasdaq Capital Market under the ticker AFRI, is a leading agribusiness company with a focus on the North African market. Headquartered in Gibraltar, Forafric boasts a rich history dating back to 1926, having established itself as a trusted provider of high-quality flour, semolina, and secondary processing products such as pasta and couscous.

 

At the heart of Forafric's operations lies its extensive milling and production facilities, strategically located across Morocco, Algeria, and Tunisia. The company's modern milling facilities are equipped with state-of-the-art technology, ensuring the production of high-quality flour and semolina that meets the exacting standards of consumers and industrial users. Forafric's commitment to quality extends beyond its production processes, encompassing the entire value chain, from sourcing premium wheat grains to ensuring efficient distribution and logistics.

 

Forafric's diverse product portfolio caters to a wide range of consumer preferences and culinary traditions. The company's flour offerings include a variety of types, suitable for baking, breadmaking, and pastry making. Forafric's semolina products are renowned for their consistent quality and versatility, ideal for the production of pasta and couscous, staple foods in North African cuisine. Additionally, the company's secondary processing operations produce a range of pasta and couscous products, offering convenience and variety to consumers.

 

Driven by a deep understanding of local markets and consumer needs, Forafric actively invests in research and development, continuously innovating to enhance its product offerings and meet evolving consumer preferences. The company's commitment to innovation is evident in its development of new flour blends, enriched flour products, and specialty pasta varieties, catering to the growing demand for healthier and more diverse food options.

 

Forafric's commitment to sustainability extends beyond its product offerings to encompass its environmental and social responsibility practices. The company implements eco-friendly practices throughout its operations, minimizing waste, conserving water and energy, and adopting sustainable sourcing strategies. Forafric also actively engages with local communities, supporting educational initiatives and promoting sustainable agricultural practices.

 



 

(03/01/24) $10.43
(03/04/24) $10.36
(03/04/24) (Qty.)4,306
(03/01/24) $10.36
(03/01/24) $10.49
(05/14/23) $9.35
(09/10/23) $12.00
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