Singapore, a modern urban metropolis brimming with towering skyscrapers, has metamorphosed to host some of Asia and Africa’s major food and agri-businesses, including Olam. A venture that began modestly in Africa’s agricultural markets in 1989, trading raw cashew nuts from Nigeria to India, has now expanded into a global enterprise operating in over 60 countries with revenues exceeding $50bn.
Venkataramani Srivathsan, Olam’s managing director for Africa & Middle East, maintains a hopeful vision for the company’s future. He recognises the rapid digitalisation of the sector and the strategic use of artificial intelligence (AI) as vital keys to unlocking new realms of productivity and maintaining the company’s competitive edge.
Source: African Business
