The Bunge/Senwes joint venture signals the first significant investment by Bunge in Africa. Bunge is one of the world’s largest and most influential corporations and is amongst a handful of companies dominating global trade in agricultural commodities. Senwes holds a dominant position in the South African market for the storage and handling of grain crops. In this briefing, we provide inter alia:
- A breakdown of the value chains of the various grains and oilseeds that the joint venture will focus upon, with particular attention being paid to the storage and handling of these crops;
- Information on South Africa’s three largest grain storage companies;
- A summary of the merger and acquisition activity in the agribusiness sector, including areas of strategic convergence such as poultry production and grain storage and trading; and
- Our major concerns with the joint venture and the imbalances and inequities in the food system that it entrenches.
Read the paper here.