Unstoppable demand for palm oil products over the next five years with global market estimated to be worth US $88 billion by 2022.

Malaysia and Indonesia together produce more than 80% of the global palm oil supply. In recent years both countries are focusing on Central and West Africa with an estimated 22 million hectares of land is being converted to oil palm plantations.

• Indonesia interested in Angolan industry (16 Nov 2017, Angola Press ANGOP)
• Malaysian firms to assist Nigeria revitalise oil palm sector (13 Aug 2017, New Telegraph Newspaper)

Nigeria is revitalizing the nation’s oil palm sector and plans to restore its position as the leader in palm oil production. It is forging closer partnership with Malaysian companies, bringing in their know-hows and technologies to ensure quality production.

With accelerating expansions in West Africa especially in the Congo Basin, palm oil investors are committing themselves towards sustainable productions and responsible investments. With NDPE (‘No Deforestation, No Peat, No Exploitation’) policies rolled out, more companies are excluding unsustainable palm oil from their supply chains and investment portfolios. How effective is the implementation in Africa?  

• Cameroon: Nyong Et Kelle - First Oil Palm Mill Inaugurated (7 Nov 2017, All Africa)
• SIFCA to joint venture with GVL to build palm oil factory in Liberia (9 Oct 2017, Executive Mansion Liberia)
• DekelOil pressing ahead with its next Ivorian palm oil project (31 Jan 2018, Webfg.com)

Natural Rubber is gaining fresh interests and investments in West Africa. With projections of increased demand till 2020 the outlook for global natural market is positive.

• The government of Ghana, identified the rubber sector as holding tremendous potential to create jobs and reduce poverty, contributing to the development of the economy.
• Sierra Leone attracted investments from Hainan Natural Rubber Group to develop a 35,000-hectare rubber plantation

CMT's 5th Africa Oil Palm & Rubber Summit engages all stakeholders, including the public and the private sectors, downstream processors to come together in Accra to jointly discuss the opportunities and challenges surrounding oil palm and natural rubber production.

Key Highlights:

• Breakthrough LMC assesses where the industry is heading with palm oil and rubber prices. 
• Olam talks on Integrating Africa with the Global Industry 
• Sustainability strategies in Unilever Ghana’s Supply Chain 
• Communauté Economique Des Etats De L’Afrique Centrale (CEEAC) / ECCAS’ regional strategies and action plans for Responsible and Sustainable Development of Palm Oil & Rubber Sectors in Central Africa
• Flour Mills Nigeria brings their experience on Backward Integration & Maximizing Local Content
• Sime Darby’s Model for Outgrower Schemes in Liberia
• PZ Cussons talks on their Sustainable palm oil sourcing policies and its implementation challenges
• Socfin lists their expectations on Sustainability in Natural Rubber Supply Chain. Between Standards, Commitments and Assessments
• Tropical Rubber Cote d’Ivoire’s strategies on Managing Rubber Plantations during Current Low Rubber Prices
• Introduction of PalmElit’s New Planting Materials and Procedures, Improving Cultivation Techniques & Yields 
• IRAD Cameroon on Managing Major Diseases of the Oil Palm (Elaeis guineensis Jacq.)
• WeFly Agri on New Technologies Migrating Traditional to Precision Agriculture using drones & Artificial Intelligence (AI)
• Potential of Oil Palm Industry in Contributing in African Development Bank’s Feed Africa Strategy 
• NIRSAL facilitates & De-risk investments along the Palm Oil Value Chain in Nigeria
• Control Union Certifications guidelines on Developing Sustainable-Certified Palm Oil Products for Exports
• Kobe Marine’s Biomass Fuels Generation Plans for Ghana

Register your interest with huiyan@cmtsp.com.sg or online at http://www.cmtevents.com/