Sime Darby Plantation offloads its Liberian oil palm business unit

LIBERIA – Sime Darby Plantation (SDP), a Malaysian oil palm planation company has completed the sale of its entire 100% equity interest in its palm oil concession in Liberia, Sime Darby Plantation Liberia Inc. (SDPL) […]

Zambian agribusiness firm to invest US$200m in a palm oil project

ZAMBIA – Consolidated Farming Limited, subsidiary of Sable group, will be investing US$200 million in setting up a large -scale palm oil processing industry in Luapula Province, Zambia. The investment will also cover a 10 […]

Ghana to establish new authority to enhance oil palm production

GHANA – Ghana is set to set to establish a Tree Crop Authority that seeks enhance the production of oil palm in the country. According to the African Regional Director of Pro-forest, Abraham Baffoe, the […]

Nigeria to increase palm oil production 700% to 5m tonnes by 2027

NIGERIA – Nigeria has made bold steps towards becoming self-sufficient in edible oil production as it aims to increase palm production by 700 percent to 5 million tonnes by 2027. As part of the efforts, […]

Nigeria’s Tamaidukka Group to invest US$25m in agro allied industrial park

NIGERIA – Tamaidukka Group, a Nigerian diversified investment company with intrests in agro-industry and real estate development will be investing US$25 million in developing an agro-based industrial park in Kaduna State. The company said that […]

Socfin Group to invest US$20m in oil palm processing factory in Ghana

GHANA – The Socfin Group, one of the leading investors in oil palm sector in West Africa, is investing US$20 million in setting up an oil palm processing factory in Daboase, Western Region of Ghana. […]

Olam achieves sustainability certification for oil palm plantation in Gabon

GABON – Olam International, a multinational food and agri-business company, has achieved Roundtable on Sustainable Palm Oil (RSPO) certification for its Mouila Lot 3 palm plantation in Gabon.  RSPO, an organisation consisting of players in the […]

MTN Foundation commissions new palm oil processing plant in Ghana

GHANA – The Mobile Telecommunications Network (MTN) Foundation, the economic empowerment arm of the mobile network provider, has commissioned GH¢740,000.00 (US$143571) palm oil processing plant in Ashanti Region, Ghana. The oil palm processing facility is […]