Palm Oil
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Senegal targets oil palm revival with Indonesian support
The initiative focuses on rehabilitating traditional oil palm plantations, establishing modern refining capacity, and enhancing local value addition to meet surging national and regional demand for edible oils.
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Palm Oil in West Africa
The long-term outlook for palm oil in West Africa remains positive, supported by steady demand growth and continued investment across the sector.
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Russia eyes Nigerian palm oil as export demand grows
Russia is looking at Nigeria as a possible supplier of palm oil as demand in the Russian market continues to rise.
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Nigeria unveils national strategy to revive palm oil sector, targeting 10% global market share
The initiative, which aligns with the Renewed Hope Agenda, will focus on expanding oil palm cultivation, modernizing processing facilities, and strengthening market linkages for smallholder farmers. It will also encourage private sector investment to enhance competitiveness and drive exports.
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Presco targets to expand its oil palm business in Abia State, Nigeria
The proposal includes the acquisition and development of approximately 14,000 hectares for plantations and associated agro industrial activities.