Africa Mega Agricultural Corp PLC Signs Gulfood Dubai Deal to Onboard 1,500+ Global Buyers to Its Commodities Exchange

Africa Mega Agricultural Corp PLC (NSE: AMAC) has finalised an agreement at Gulfood Dubai to onboard more than 1,500 international buyers onto its digital commodities exchange platform. This move will significantly boost global market access for agricultural exporters in Kenya and East Africa.

Executed in Dubai, the agreement supports the Company’s goal of establishing the city as a primary hub for international buyer aggregation, transaction settlement, and re-export of African agricultural commodities. The platform’s operational rollout and the onboarding of new buyers are expected to begin in the coming weeks.

AMAC operates an integrated agribusiness trade platform that connects vetted exporters, institutional buyers, logistics firms, and financial institutions through standardised digital workflows. The platform facilitates structured trade in fresh produce, long-life agricultural exports, food imports, and domestic FMCG distribution by consolidating compliance, collateral management, settlement controls, and trade data.

Commenting on the agreement, AMAC PLC Chief Executive Officer Abraham Ng’etich noted that the deal represents a vital step in the Company’s international growth strategy.

“This agreement speeds up our efforts to attract more global buyer participation on our platform and sharpen price discovery for African agricultural exports,” said Ng’etich. “By anchoring buyer aggregation and settlement through Dubai, we are building a scalable, finance-ready marketplace that boosts liquidity while effectively managing counterparty and settlement risk for all participants.”

Africa Mega Agricultural Corp PLC, which rebranded in 2024 following a strategic transformation, was formerly known as Kenya Orchards Ltd. The Company is listed on the Nairobi Securities Exchange and maintains an international footprint in Dubai through a fully registered subsidiary. This subsidiary supports escrow services, warehousing, and re-export capabilities for global markets.

The transaction does not involve any change in the Company’s shareholding structure or control. The agreement remains subject to standard operational and regulatory processes, and further announcements will be made as appropriate, in accordance with Nairobi Securities Exchange disclosure requirements.

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