Despite the country facing shortages in wheat supply, 2300 metric tons of wheat import stored at the Port of Djibouti for more than five months, has been exposed to contamination, The Reporter has learnt. The import is thought to be worth around USD one million.

GEM CORP Commodities Trading SA has signed a deal to supply 900,000 metric tons of wheat at a total price of USD 175.57 million, The Reporter has learnt.

The Public Procurement and Property Disposal Service (PPPDS) has awarded two companies, GEM CORP Commodities Trading SA and AGRO CORP International PTE LTD to supply 600,000 metric tons of wheat at the price of USD 116.53 million (3.38 billion birr), The Reporter has learnt.

The Public Procurement and Property Disposal Service (PPPDS) awarded GM Corp, a London based company to supply 400,000 metric tons of wheat at the price of 97.73 million (2.73 billion birr), The Reporter has learnt.

Despite the depleting national wheat stock, the Government of Ethiopia (GoE) is contemplating to cancel an earlier wheat supply contractof 400,000 metric tons at USD 108 million (3.04 billion birr), which was awarded to WifagMabrouk General Trading and its local partner Aplas Importer Plc, a little over a month ago, The Reporter has learnt.

Agro Corp, another new entrant into the Ethiopian market gave the lowest offer of USD 135.24 million (3.786 billion birr) for the supply of 600,000 metric tons of wheat, The Reporter has learnt.

Months after it was awarded to supply 400,000 metric tons of wheat with USD 108 million (3.04 billion birr), WifagMabrouk General Trading and its local partner Aplas Importer Plc,have failed to proceed with the supply after the signing of the contract, The Reporter has learnt. 

GM Corp, a new entrant to the Ethiopian wheat market, has managed to give the lowest offer of USD 97.73 million (2.73 billion birr) for the supply of 400,000 metric tons of wheat, The Reporter has learnt.

24,250 metric tons of wheat imported from abroad and stored in the Port of Djibouti for weeks, has suppliers fearing it might be exposed to contamination if it is going to stay there any longer, The Reporter has learnt.

Promising International, the Dubai based trading company with growing interest within Ethiopia in the importation of wheat, is fighting back against lingering accusations of having supplied damaged and contaminated wheat to the Ethiopian market.