Moroccan tycoon Yariv Elbaz's Forafric is selling its flour business to billionaire Chakib Alj while announcing it wants to pivot to drones and AI (with rahim7867)

Nasdaq-listed Forafric is selling control of its Moroccan flour business to billionaire Chakib Alj while announcing a drone and AI pivot, one year after a formal going concern warning.

Source: https://www.billionaires.africa/2026/04/27/moroccan-tycoon-yariv-elbazs-forafric-is-selling-its-flour-business-to-billionaire-chakib-alj-while-announcing-it-wants-to-pivot-to-drones-and-ai/