The hub will serve as a central engine for digital solutions that enable manufacturers to respond swiftly to evolving consumer trends, streamline product development, and enhance supply chain resilience.
The United States already accounts for more than a quarter of CBO’s olive oil sales, underscoring its strategic importance.
Akwa Ibom’s intervention is expected to narrow this supply gap while stimulating rural employment and economic growth in the Niger Delta region.
The new investment will fund upgrades to cutting-edge machinery and equipment.
The investment will fund a 10,000-square-meter extension to the Alsbach plant.