Invictus Investment expands commodity trading business in Africa, highlighting Egypt as key market, exporting over 1M tons in 2023.
Invictus Investment Company, an agro-commodities firm, has surpassed the one million metric ton mark in agro-commodity exports to Egypt this year. The company’s success in the African market, with Egypt playing a crucial role in its business growth, showcases its dedication to delivering exceptional service and capitalizing on strategic opportunities.
Invictus – Revenue up by 31%
Invictus Investment, a global player operating in over 70 countries, specializes in delivering essential food grains and commodities, with a strong focus on Africa, the Middle East, and Asia. The company’s Q1 results for this year revealed a 31 percent year-on-year increase in total revenue, reaching AED 2.3 billion (USD 626 million). Notably, the African market demonstrated substantial growth, with revenues from the region surging by 59 percent to AED 1.712 billion (USD 466 million), compared to AED 1.077 billion (USD 293 million) in Q1 2022.
Amir Daoud Abdellatif, CEO of Invictus Investment, commented on the company’s achievements, stating, “Invictus Investment is dedicated to providing exceptional service to clients worldwide. Egypt, with its thriving economy and strategic location, offers tremendous opportunities in the agro-commodities sector. By emphasizing quality, reliability, and sustainability, we have established ourselves as a trusted partner in the Egyptian market.”
A fully integrated agro-food enterprise
Underpinned by a commitment to long-term investment and core values, Invictus Investment strives for growth and positive impact on a global scale. The company actively seeks emerging opportunities and leverages its expertise to become a fully integrated agro-food enterprise, diversifying its business and expanding into new markets.
The company is a leading global firm that connects producers and consumers, facilitating the delivery of essential food grains, finished goods, and other commodities. With a particular focus on Africa, the Middle East, and Asia, the company’s diverse sourcing network expands its value chain, encompassing smallholder farmers while creating innovative solutions to meet evolving global needs.
Invictus Investment operates Invictus Trading FZE, a wholly-owned subsidiary established in 2014 and headquartered in Dubai, UAE. Presently operating in 70 countries, the company continues to strengthen its position across the agro-commodities industry.
Commodities news
Nigeria is currently seeking to meet international standards for a range of its agricultural commodities through a joint effort by the SEC and SON, while AFEX, the country’s bourse is targeting commodities growth across seven African states.
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