Happy Christmas and Joyeux Noël from everyone at Vallis Commodities Limited. 2015 has been another successful year for Vallis, with a growth in operations across Africa and the Middle East. We have increased our presence in the region, expanding into Angola, Jordan and Guinea-Bissau. At this time of year it is important to think of those who are less fortunate than ourselves so, as part of our ongoing commitment to tRead More
On 19th November, I met with a large team from the IFC (International Finance Corporation), part of the World Bank Group, in Washington DC. The team was led by: Makiko Tayoda – Product Manager Yasmin Saadat – Chief Investment Officer, Trade and Commodities Finance Hyung K. Ahn – Global Head, Trade and Commodities. Wide ranging discussions were held on current challenges to the structured trade markeRead More
Nigeria has long been one of Vallis’s most important areas of operation, with over 2 million tonnes of goods managed in the country since 2010. In March, the Nigerian general election resulted in Muhammadu Buhari replacing Goodluck Jonathan as President – the first time an incumbent president has lost an election in Nigeria. Earlier in November, several months after taking office, President Buhari Read More
Since Vallis began operations in 2006 we have managed 2.7 million tonnes of rice in 16 different countries across Africa. This makes rice the commodity we handle most, accounting for approximately 19% of the total goods we manage. The increase in consumption and import of rice to Africa shows no signs of slowing down. Vallis recently compiled a research report into rice, focussing on its importance as a commodity in Read More
Vallis Commodities Limited – Update on Bahrain Operations It has now been 2 years since we launched our first Middle Eastern subsidiary in Bahrain in September 2013. I am pleased to say that this has been a great success for Vallis. To date we have managed hundreds of thousands of tonnes of raw and white sugar in multiple warehouses in the country. Below are some photographs of Bahrain operations. From this lauRead More
Vallis Commodities Limited – First Operations in Jordan As we announced on 26th August, Vallis Commodities Limited is now operational in Jordan. Our first operation in the country is a collateral management agreement for sugar. The first stock to come under Vallis management was discharged from a vessel at Aqaba port and receipted into warehouses in Amman. Photographs showing Vallis activites during this operatRead More
I am pleased to announce that Vallis’s insurance policy providing professional indemnity cover with the pre-eminent Lloyd’s of London broker JLT (Jardine Lloyd Thompson), has been increased by USD 10 million, from USD 30 million to USD 40 million. This insurance policy continues to cover fully the services we provide through all our collateral management and stock monitoring agreements. Should you have anRead More
I am pleased to announce that Vallis Commodities Limited (Vallis) has set up a subsidiary in Jordan. This further expands Vallis’s reach into the Middle East, joining our subsidiaries in Bahrain and the UAE and our operations in Qatar. Vallis have recently compiled a research report into Jordan, which is available at this link: Jordan Country Report We are keen to expand our operational presence in Jordan, so pRead More
I am delighted to announce that Vallis Commodities Limited (Vallis) has set up a subsidiary in Angola. Vallis now has 24 subsidiaries in Africa and 3 in the Middle East. We have previously published 2 research reports on Angola, covering both the country itself and the outlook for foreign investment. These are available at the links below: Angola – Country Report Angola – Outlook for Foreign Investment WiRead More
Vallis Commodities Limited has been operating in Senegal since 2009. Since then almost 400,000 tonnes of commodities have been handled by Vallis including the following: Fuel, Fertilizer, Sugar, Rice, Palm Oil, Groundnut Oil and Soybean Oil. Harriet Pestille, a recent addition to the Vallis reporting team for Francophone West Africa, has compiled an in depth report about Senegal. Senegal Country Report. This report aRead More