Sunora Foods invests US$100M in palm oil plantation to boost local production in Edo State
NIGERIA – Sunora Foods, a renowned international vegetable oil trading company, has pledged...
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Tag: Palm oil
El Niño phenomenon expected to impact global palm oil supply in 2024
GLOBAL – Palm oil, the most widely used cooking oil in the world, is facing potential supply...
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MoFA initiates plan to boost oil palm production in Bekwai Municipality
GHANA – The Bekwai Municipal Directorate of Food and Agriculture has initiated plans to...
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Nigeria’s palm oil imports from Malaysia surge by 65.3% despite weaker naira
NIGERIA – Despite naira devaluation and increased local production, Nigeria’s palm oil...
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Palm oil sector in Cameroon seeks to meet growing demand, reduce imports
CAMEROON – The palm oil sector in Cameroon is grappling with challenges, despite its potential as...
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PepsiCo, FrieslandCampina ask their supplier to stop buying palm oil from Astra Agro Lestari
INDONESIA – American soda and food giant PepsiCo and Dutch dairy producer FrieslandCampina...
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Ivory Coast commences establishment of oil palm waste electricity project
IVORY COAST – The government of Ivory Coast has kicked off construction work on the first...
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Ganic Foods clinches US$38m from Afreximbank for establishment of edible oil processing facilities
NIGERIA – Ganic Foods Limited, Nigeria based agrofood processing companies, has received a N16.56...
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Golden Star Oil Palm Plantation achieves Roundtable on Sustainable Palm oil Certification
GHANA – Golden Star Oil Palm Plantation (GSOPP), an alternative livelihood project of Golden Star...
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Nigeria to register rise in palm kernel oil production propelled by increased private sector investment
NIGERIA – Nigeria, sub-Saharan Africa’s largest economy, is expected to register a 12% rise...
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Kenyan cooking oil manufacturer Pwani Oil temporarily halts operations over shortage of raw materials, forex
KENYA – Pwani Oil Products Limited, the makers of popular household cooking oils-Freshfri,...
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Indonesia’s lift on palm-oil export ban brings relief to the global vegetable oil market
INDONESIA—Indonesia has lifted its three-week-long palm oil export ban due to improvements in its...
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