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- (-) September 2023
- (-) Africa (Sub-Sahara)
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The introduction of E5 gasoline in July 2023 restarted Indonesia’s bioethanol consumption after years of inactivity, albeit to a modest start of an estimated 2 million liters for 2023 due to E5’s price premium in a price sensitive market.
The hotel, restaurant, and institutional (HRI) sector in South Africa is gradually beginning to recover from the COVID-19 pandemic, but challenges remain due to frequent power outages, known as load shedding, and rampant food price inflation.
South Africa's steady growth in poultry production is expected to continue in 2024 as an increasingly vertically integrated industry capitalizes on lower feed prices driven by strong maize and soy production.
Mali, Burkina Faso, and Senegal area harvested for marketing year (MY) 2023/24 is forecast to remain the same as the previous year at 1.23 million hectares (MHA) based on good farm gate prices, governments’ input subsidies, and farmers’ debt cancellation by the Malian and Senegalese governments.