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 […]

Ghanaian association launches out-grower scheme to promote sustainable oil palm industry

GHANA – The Artisanal Palm Oil Millers and Out-grower Association Ghana, has launched a one million oil palm seedling projects that aims to promote sustainability in the industry. Dubbed as “Promoting a Sustainable Oil Palm […]

IDC Zambia launches palm out-grower scheme to boost local capacity

ZAMBIA – Industrial Development Group of Zambia (IDC), which controls the majority stake at ZamPalm Ltd, has launched palm out grower scheme as part company’s ambitions to boost palm oil production capacity in the country. […]

Solidaridad implements initiative to boost cocoa and palm oil production

SIERRA LEONE – The social and ecological development network Solidaridad is working on two projects with an aim of improving cocoa and palm oil production in Sierra Leone. According to the Concord, the successful implementation […]

National Microfinance Bank to finance palm oil cultivation to cut on imports

TANZANIA – The National Microfinance Bank of Tanzania has ventured into financing palm oil cultivation with an aim to increase production as well as cover deficit met through imports. Daily News reports that the bank […]

COMESA to mediate milk and palm oil trade dispute between Kenya and Zambia

KENYA – Common Market for Eastern and Southern Africa (COMESA) plans to mediate a trade dispute between Kenya and Zambia over long-standing barrier on milk and palm oil exports, reports Lusaka Times. Speaking to journalists […]