Despite not being native to Namibia, salmon is seen as a lucrative option thanks to global demand, which has tripled since 1980.
The deal, signed on April 17, 2025, will establish Moolec as the parent company of the combined group.
The Wasleys facility, which generated US$2.24 million in EBITDA over the past year, has sold more than 90% of its output to Baiada.
Because this is an emerging pathogen in cattle, no approved vaccines currently exist.
The livestock restocking is part of a broader county-wide resilience strategy funded through the Ward Development Fund, towards which KES50 million (around US$385,000) has been allocated.
With the new space, the Animal Nutrition division will extend its offerings of raw materials and specialised ingredients to the ruminant, swine, pet food, and aquaculture markets.
The proposed site will allow MiAlgae to expand its unique process of repurposing whisky industry byproducts to grow microalgae.
With the new plant now operational, ADM aims to supply half of Mexico’s wet pet food demand by the end of 2025.
SABIL, the newly-formed company, will manage 14 silo branches across the kingdom, including four located in major ports.
This development will enable precise blending of different grains for feed milling operations.