Olam’s Nutrifoods debuts Milky Magic ‘Eggrich’ Biscuit in Ghana

GHANA – Nutrifoods Ghana Limited, a subsidiary of Olam Ghana and a market leader in the production of biscuits, has introduced the first egg and milk-based biscuit into the market. Made with fortified wheat flour, […]

Olam partners IITA to help Ugandan coffee farmers build climate resilience

UGANDA – Olam International, a multinational agribusiness company has joined forces with the International Institute of Tropical Agriculture (IITA) to improve Ugandan coffee farmers’ resilience to climate change. Olam, as a major coffee exporter in […]

Olam acquires Indonesia’s largest cocoa processor BT Cocoa for US$90m

INDONESIA – Agribusiness giant, Olam International has bought 85% stake in YTS Holdings Pte Limited, the parent company of Indonesia’s largest cocoa processor, BT Cocoa for a consideration of US$90 million. According to Olam, the […]

Olam to award US$75,000 grant for a scientific food security research

SINGAPORE – Olam, in partnership with Agropolis Foundation, is on the hunt for ground-breaking scientific research that can revolutionize the agricultural industry and win the US$75,000 grant offered under the Olam Prize for Innovation in […]

Olam receives AGROW Award as champion of inclusive agribusiness in ASEAN

SINGAPORE – The agribusiness giant, Olam international has received the AGROW Award, recognized for inclusive agribusiness in the ASEAN (Association of Southeast Asian Nations) agricultural sector. Olam was honored with the Golden AGROW Award (Singapore) […]

Olam reports lower financial results with 36.4% fall to US$94m in Q2 results

SINGAPORE – Olam International, a leading and the third largest agri-business in the world, has reported lower financial results against its strong performance in previous corresponding period. The company has reported that its Profit After […]

Olam’s joint venture Nutrifoods launches first premium oats digestive biscuits

GHANA – Nutrifoods Ghana Limited, a joint venture between Olam and Sanyo Foods has launched its first premium oats digestive biscuit under its adult health segment brand, Nutrisnax, a GNA report reveals. The Premium Nutrisnax […]

Olam’s director Rachel Eng Yaag to resign from the board

SINGAPORE – Olam International has announced that Ms Rachel Eng Yaag Ngee will resign from the board as an Independent Non-Executive Director effective July 31, 2018. The agri-business firm said the decision was reached by […]

Olam partners with a French firm to boost poultry production in Nigeria

NIGERIA – Olam International, through its subsidiary Olam Hatcheries Limited has signed a memorandum of understanding (MoU) with a global veterinary health company, Ceva Santé Animale S.A to boost poultry production in Nigeria. The agreement […]

Olam profit grows despite 10.5% drop in revenue for confectionery and beverage

SINGAPORE – The global agribusiness company Olam International, has reported profit growth in the 2018 first quarter results despite 10.5% drop in revenue for its confectionery and beverage segments on both lower volumes and prices. […]