Gabon To Become Major Palm Oil
Exporter By 2020
- Ventures Africa November 30, 2012
OLAM secures N13bn loan to boost wheat,
oil palm production
- Champion Online News Monday, 01 July 2013
Sifca to Invest $417 Million in West Africa
- Bloomberg News 7th July 2013
Palm oil expert Dorab Mistry was recently quoted in an interview saying " Anything you can make from petrochemicals, you can also make from palm oil," The wonder crop is versatile, with uses not just in food but also in soaps and detergents and, increasingly, biofuels.
As rising global palm oil demand runs into limited land availability in Asia, plantation developers are targeting territories in Central and West Africa.
Opportunities abound in developing Africa as the next palm oil frontier, but investors are treading carefully as tough challenges remains.
What are the leading policy makers doing?
How can NGOs work with stakeholders for a sustainable oil palm development
What will be the framework for smallholders ? are customary rights to land recognised ?
How will finance be available for developing African agriculture. Which banks have products ready?
What is the stage and plans for Infrastructure (roads, irrigation, power) and other facilities required for developing African agriculture
Building research stations , hiring skillful workers and industrial relations challenges
where will seeds and planting material come from? Do the importation rules support this?
Supported by Olam and the Gabonese Ministry of Agriculture, CMT brings you the 2nd Palm Oil AFRICA Summit in Libreville Gabon.
- Gabon, a sub-Saharan nation recently announced an ambitious agriculture program to promote new investment with the objective of diversifying the economy and allowing palm oil to account for a larger proportion of GDP
OLAM Group was awarded last year with the leadership award for sustainable development in Africa and has strong partnership with the government to build and grow Gabon into the choice location for agriculture investments.
Can Gabon be the next palm oil investment hub? What agriculture policies and framework are in place to encourage this?
- How much can financing support for agriculture in Africa? What are the commitments from Development banks like AfDB and African commercial banks?
- Shortage of trade skills and labour in West Africa presents another problem for investment going forward. What are the industrial relations issues that investors should watch out for?
- For an African palm oil production project to secure capital it must be able to demonstrate that it can generate competitive returns - Can cost of Palm oil production in Africa compete with Asia? Will business be viable?
- What are the roles of NGOs and environmentalists and how can they contribute to deliver a sustainable palm oil industry in Africa?
- Having produced 400,000 tons in 2010, Cote DIvoire is the world's 8th biggest producer of palm oil and one of the top producers in Africa. Hear from AIPH on their experience in Smallholders /outgrower's scheme.
- SIAT and SOCAPALM will share their experiences and challenges on investing in palm oil in Africa including their sustainability practices
- Agriculture policies and framework for investors covering Gabon, Cameroon, Cote D Ivoire, Central Africa Republique, Uganda,Nigeria and many more
Sign up today for group discounts.
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Gabon’s per capita GDP is among the highest in sub-Saharan Africa. Structural changes from the government’s ambitious economic development program are aimed at creating a business-friendly environment necessary to attract foreign direct investments. Gabon wants to develop and diversify its agriculture sector, allowing palm oil to account for a larger proportion of its GDP. With a large amount of fertile land and an attractive investment framework, Gabon expects to produce 250 000 t/y of sustainable palm oil by 2020.
From the 16th to 26th of October 2013 Gabon will celebrate the National Agriculture Day
Gabon’s Minister for Agriculture, His Excellency Julien Nkoghé Békalé will take this opportunity to launch a number of events over this important week, one being the 2nd Palm Oil Africa to be held on the 17-19th of October.
The Gabonese government in its determination to increase revenue from the agricultural sector hopes to raise the contribution of agriculture to 20% of its GDP. The country has enormous agricultural potential. The amount of arable land in Gabon that is not cultivated amounts to more than 20 million hectares. Priority will be given, among other things, to the agricultural cooperatives and jobs for economic development and food security.
CMT in partnership with Gabonese government invites you to join us at the 2nd Palm Oil Africa and take this opportunity to exchange views on the potential for Palm Oil development in the country and other states in Africa.
|Profile of attendees|
at Palm Oil AFRICA 2012
Gabon Visa Applications and Entry Requirements
VERY IMPORTANT NOTE:
Travel insurance and yellow fever vaccination proofs are MUST HAVE for entry into Gabon. Please ensure you obtain necessary documentations for these.
VERY SPECIAL OFFER ALERT:
Visa fees will be waived if you register and pay to attend 2nd Palm Oil Africa before 4th October. Simply submit all the required documentations to us before this date to have your visa approved by the Gabonese Government on time (savings of up to USD400!)
|Industry News|| ||Who Will You Meet|| ||Be a Sponsor or Exhibitor!|
Wah Seong plans palm oil project in Congo
Sifca to Invest $417 Million in West Africa Palm-Oil Expansion
Gabon – The next palm oil investment hub? - Gabonews English
Why palm oil? Why Africa? Why now?
Asian Palm-Oil Planters Head to West Africa
| ||Plantation Development Cos with interest in Palm Oil and/or Rubber, Cocoa, Sugar, Cassava, Jatropha Government Authorities on Agriculture / food security and poverty reduction Seed Suppliers, Palm Oil Research Institutes Private Investors, Venture Capitalists, Fund Managers, Commercial & Development Banks, Financing & Risk Managers Plantation Consultants Agronomists, Breeders, R & D Heads on Agri Research & Development, Heads of Sustainability Environmental Management / Forestry Consultants, RSPOAuditors Palm/Veg Oil Procurement Managers, Traders Fertiliser Industry Equipment Suppliers for Palm Oil Processing Technologiesie Harvesting / Extraction / Irrigation Systems Carbon Consultants, POME/EFB Waste management Cos.|| |
This event is an excellent platform to promote your organization to influential players and investors in the industry. Sponsorship opportunities available include Corporate, Exclusive luncheon & Cocktail sponsor.
Exhibition / catalogue display can be arranged upon request. Contact firstname.lastname@example.org or (65) 6346 9130
To book Exhibition space email email@example.com or call (65) 6346 9218 TODAY!
Gabon Ratifies Agriculture Development Pact
Posted on : 26 Sep, 2013
On May 6th 2013, Julien Nkoghé Békalé, the Gabonese Minister of Agriculture, Livestock, Fisheries and Rural Development, ratified the PDDAA program sponsored by the New Partnership for Africa's Development (NEPAD). The National Pact of the detailed development of the African Agriculture Development Programme (CAADP) marks the joint commitment made by the national government and its partners in favor of developing Gabon's agricultural sector.
The signing ceremony of the national CAADP pact was chaired by Ida Reteno Assonouet, the Minister of Justice in place of the Prime Minister Raymond Ndong Sima.
Besides the government, the agriculture, private sector and development and agricultural cooperatives, have all responded to this meeting in a positive manner. This ratification would provide a platform for the steep development of the Gabonese agricultural and for future actions.
Through this the parties involved reaffirm their commitment to implement the following seven priority areas:
· sustainable improvement of agricultural production
· the development of fisheries and aquaculture,
· improving access to land and finance
· strengthening the system of collection and marketing of agricultural products
· improving the system of information management and innovation
· improving the nutritional status, institutional and human development and
· promotion of women and youth resources
Jean-Baptiste Bikalou, the representative of the private sector, claims that the success of CAADP will not only reiterate the cooperation and African integration, but at the same time also contribute to the realization of the dream of shared prosperity for all of Gabon.
More about Gabon’s policies, how finance will be available for developing African agriculture and which banks have products, will be discussed at the 2nd Palm Oil AFRICA Summit in Libreville Gabon on 08-09 Oct, 2013. For more information contact Ms Hafizah at firstname.lastname@example.org or call (65) 6346 9218.
Gabon – The next palm oil investment hub?
Posted on : 17 Jul, 2013
As rising global palm oil demand runs into limited land availability in Asia, palm oil majors and investors are now on the lookout for greener pastures in the game of palm oil production. Gabon, a sub-Saharan nation with vast land availability and upcoming pro-agriculture program, is fast becoming the choice location for such expansions and investments.
Apart from having 5 million hectares of land available for oil palm plantations (with 1 million hectares available for immediate use), Gabon’s location is also a prime factor for investment consideration as it gives players a geographical leverage that allows them to tap on the growing West Africa demand at a lower export/transport cost.
According to Gabon’s Agriculture Minister, Julien Nkoghe Bekale, Gabon is now looking at diversifying into the agricultural sector to improve its economy. Ambitious economic development program is underway to create a conducive environment for agriculture and palm oil foreign investments as the nation looks at increasing its agriculture make-up in the GDP from 1% to 15% by 2020. Palm oil production in Gabon is expected to surge 400% from 50,000 t/y to 250,000 t/y by 2020.
Changes in agriculture sector’s foreign employment policy aside, the government is also working on creating an attractive framework via various aspects including legislation, taxation and regulation.
Industry majors and top executives will convene at the 2nd Palm Oil AFRICA conference, held with the support of the Gabon Ministry of Agriculture, in Lebreville, Gabon, to share updates and discuss about the issues and challenges of palm oil investments in Africa.
More event information and speakers’/session details are available on the 2nd Palm Oil AFRICA Event Page.
For inquiries, please contact Ms. Hafizah at email@example.com or Tel. +65 6346 9218.
Read more: Gabon to become major palm oil exporter by 2020
In Partnership With
Government of Gabon
Afternoon Networking Sponsor
Supporting Organization &
Evening Reception Sponsor
Dr.Christy O. Okwuagwu
Dr Christy obtained her Ph. D. in Plant Breeding and Plant Genetics from the University of Wisconsin, Madison, USA in 1981. She is the research director for NIFOR and also the breeder for NIFOR's Oil Palm Main Breeding Programme.
She is highly actively and is one of the founding members in the International Socie....
Dr.Christy O. Okwuagwu, Director of Research
Nigerian Institute For Oil Palm Research (NIFOR)
Developments in High Quality Palm Oil Planting Material – Reviewing NIFOR's role
Day 1 [Thu 17, October], at 04:10 PM
John Clendon is the Managing Director of Univanich Palm Oil PCL, which is Thailand’s largest palm oil producer and the winner of many awards as Thailand’s best performing company in the Agriculture Sector.
The Univanich’s Oil Palm Research Centre in southern Thailand is recognized internationally for its pioneering work i....
Mr.John Clendon, Managing Director
Univanich Palm Oil PCL
Importance of Sustainable Palm Oil - Economic, environmental & social achievements in Thailand's oil palm industry.
Day 1 [Thu 17, October], at 03:00 PM
Mr.Michael Ray Duncan
Mike Duncan has been with Caterpillar for 25 years and is the Industry Manager responsible for sales and marketing of Caterpillar products into the Forest Industry.
He manages a global team focused on providing customer solutions to improve methods and lower costs for companies involved in Road building, Harvesting, L....
Mr.Michael Ray Duncan, Global Industry Manager
A new approach to plantation establishment to lower costs and improve productivity
Day 1 [Thu 17, October], at 12:10 PM