
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 Palm-Oil Expansion - 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. Key highlights: - 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. Contact hafizah@cmtsp.com.sg for more information |