11.11.2013 - Commodities: Destination Africa
At the food processing plant he runs in Lagos, Mukul Mathur describes the thousands of miles that his tomatoes travel. At first, their odyssey between Nigeria and California appears unremarkable in an age of globalisation. Mr Mathur would seem to be just another trader buying raw materials in Africa and selling them to distant, wealthier markets. But he actually runs a supply chain at odds with old, colonial-era trade routes. “We farm tomatoes in California, process them into triple concentrate and ship them to Nigeria,” Mr Mathur, an Indian-born trader, says at the $12m plant that Olam, a leading commodities house, opened in Lagos this year...............................................Full Article: Source
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