INVESTMENT PORTAL
OF RUSSIAN REGIONS
0%
LOADING DATA
Dmitry Sergeyev: “We see great potential for the development of both trade and investment projects with African countries”

Expert opinion

Dmitry Sergeyev: “We see great potential for the development of both trade and investment projects with African countries”

Release date: 15 October 2019

Topics:

Investment climate

Agriculture

Africa

Grain crop consumption in African countries has increased significantly over the past decade. The growth in grain output is still lagging behind demand due to the complex agro-climatic conditions in the region. Approximately 35% of the grain on African markets is imported (grain consumption amounted to about 268.6 million tonnes in the 2018–2019 season, while imports amounted to roughly 90 million tonnes).

The Russian Federation is a regular trading partner for several African countries (the three leaders in the 2018–2019 season were: Egypt — 6.7 million tonnes, Nigeria — 1.35 million tonnes, and Sudan — 1.12 million tonnes) and handles roughly 10–15% of their grain demand. This figure stood at 15.2% in the 2018–2019 season.

United Grain Company JSC is the largest trade and logistics operator for agricultural products with state participation in Russia. The company focuses on expanding grain and legume exports and developing infrastructure both on the domestic and foreign markets. Depending on the shipment season, United Grain Company exports up to 700,000 tonnes of grain to African countries, or 50–75% of the company’s total exports.

As part of its long-term development programme, United Grain Company plans to increase the transhipment capacity of its deep-sea grain terminal in Novorossiysk and also set up an efficient logistics network from the fields to the vessel that is managed as part of a single complex. As a result, large quantities of grain will be delivered through the Azov-Black Sea basin within the timeframe clearly stipulated in contracts.

The company sees great potential for the development of both trade and investment projects with African countries and expects to expand the borders of the Russian-African partnership.

All analytics

Analytics on the topic

All analytical materials
Debt of Russian regions to remain expensive

20 June 2018

Debt of Russian regions to remain expensive

ACRA research is devoted to the current situation and prospects for refinancing public debt of Russian regions.
READ
Vaccination as a factor for an uneven recovery

28 May 2021

Vaccination as a factor for an uneven recovery

The study by ACRA is focused on the impact of the COVID-19 pandemic on economic indicators and the relationship between the pace of vaccination and economic recovery.
READ
Russian Air Carriers Awaiting Next Take-off

27 March 2018

Russian Air Carriers Awaiting Next Take-off

Analytical Credit Rating Agency (ACRA) presents a report containing an air passenger market 2022 outlook, gain factors, and trends in passenger flows redistribution.
READ
Oil and Gas Trends 2018-19: Strategy shaped by volatility

29 January 2020

Oil and Gas Trends 2018-19: Strategy shaped by volatility

This publication by Strategy&, a global strategy consulting firm and part of the PwC network, offers an analysis of the current state of the oil and gas industry after several years of oversupply and gives a short-term forecast about...
READ