Mahama courts Olam in Singapore talks on food security and jobs

President John Dramani Mahama, accompanied by members of his Cabinet, last week met with Sunny Verghese, Group Co-Founder and CEO of Olam, alongside senior executives of Olam Agri and Olam Food Ingredients (ofi), during his official visit to Singapore.

The meeting, held at Olam’s headquarters, centred on Ghana’s food security and economic growth, with Olam executives reaffirming their commitment to deepen collaboration with the government.

Olam Agri, which has operated in Ghana since 1994, has grown from a trading outfit into a fully integrated food processing company. Its businesses span sourcing, milling, packaging, and distribution, supplying flour and rice across Ghana and West Africa.

The company’s flour milling plant is among the country’s most advanced, serving bakeries, SMEs, and households. Olam is also setting up Ghana’s first pasta production facility, expected to meet domestic demand when completed.

In rice, Olam’s Mama Gold Jasmine has become a household brand, supported by partnerships with over 4,000 local farmers and processing centres in key growing regions. With 95% of its workforce made up of Ghanaians, Olam was recognised in 2024 by the Top Employer Institute for the fourth consecutive year.

Executives at the Singapore meeting included Neelamani Muthukumar (Group COO), Saurabh Mehra (Global Head of Processing & Value-Added), Baibhav Biswas (Ghana Country Head), and Raghav Mandhana (Ghana Head of Finance).

For Mahama, the talks underscore his administration’s strategy of anchoring economic growth on food security, job creation, and stronger partnerships with global agribusiness leaders.

The post Mahama courts Olam in Singapore talks on food security and jobs appeared first on The Herald ghana.

Read More

  • Related Posts

    NPP agents abandon Akwatia by-election collation centre

    Officers from the Electoral Commission (EC) are in the process of collating results from various polling stations in the Akwatia by-election following the completion of counting at the polling stations.…

    Sophia Akuffo slams Torkornoo’s removal as unfair and dangerous for Judiciary

    Former Chief Justice Sophia Akuffo has broken her silence on the removal of her successor, Justice Gertrude Torkornoo, condemning the process as unfair and a threat to judicial independence. In…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Leadway Graduates Young Developers to Boost Nigeria’s Tech Talent Pool

    40th Anniversary: Ecobank to Reward Customers with N61.2m

    PenOp Organises Session on Liver Damage Prevention, Management

    Fintech: Kwairanga Calls for Collaboration Between Insurance Regulator, Operators

    Consolidated Hallmark Count Gains of Holding Company Structure, Announces 404% Profit Growth 

    Analysts Cautious on Nigeria’s Higher Debt Ceiling, Say Revenue Gaps Remain Bigger Risk

    EFCC seeks strengthened surveillance over illicit financial activities at Airports’ Private Wings 

    NNPC Ltd. announces Odeh as new Chief Corporate Communications Officer 

    Four stocks fall 10% as ASI slips 984 points, SEPLAT tops value

    FCTA demolishes Boulevard Park Maitama for violating Abuja master plan 

    UK invests $7.5 million to finance agriculture and boost food security in Nigeria 

    NNPC appoints new Corporate Communications Officer

    NNPC appoints new Corporate Communications Officer

    Lagos to resume phase 2 of Ogudu-Ifako repairs on Wednesday after review

    Tinubu recalls NTA DG Dembos, ED News Adewuyi to complete tenure 

    Over 2.6 million Nigerians enroll for online and in-person voter registration in two weeks – INEC 

    FG to cut Nigerians’ out-of-pocket health spending from 70% to 20% to ease financial burden 

    UK government warns foreign students of deportation over visa overstays 

    FG introduces mandatory ethic and criminal records screening for teachers nationwide  

    Wema Bank partners with Evolve with Edememe to empower Wema Women at “Bloom, Lady, Bloom” Workshop 

    FG records N3.3 billion subscription in August 2025 savings bond allotment 

    Billionaire Mittal’s Airtel Africa picks Citi for $4billion Airtel money IPO in 2026 

    Merger: Unity Bank shareholders to approve N3.18 payout, scheme at court meeting 

    Nigeria spends $120 per capita on healthcare, government contributes only $30 – Minister 

    Average price of 5kg cooking gas falls to N8,243.79 in July 2025 – NBS 

    Enugu state Smart Green Schools to commence full academic activities September 22 – ENSUBEB 

    Berger Paints vs Meyer Paints: Which stock offers better value for investors now? 

    Opay extends N1.2 billion 10-year scholarship fund to NSU Keffi 

    NNPCL, TotalEnergies, SAPETRO seal new PSC for deepwater licences in Nigeria 

    Airtel sets new denominator for voting rights calculation, updates shareholders in September 

    Tantalizers Plc appoints veteran Filmmaker, Tade Ogidan, as Board director  

    NNPC, TotalEnergies sign PSC agreement for deepwater blocks

    NNPC, TotalEnergies sign PSC agreement for deepwater blocks

    Ripple unlocks a billion XRP in bold move as price stays steady 

    How to apply for Oman 10-year golden residency 

    Fidelity Bank’s recapitalization paves way for growth, shareholding expansion 

    Jaiz Bank rebrands: Repositioning as Nigeria’s leading financial inclusion institution

    Why Nigerian banks should now embrace Basel III