Palm Oil Africa looks to increase potential of Africa's palm oil industry

Palm_Oil_manoj_k_mohanBlessed with favourable climatic and soil conditions, West and Central African governments have been offering attractive land acquisition terms for the development of oil palm plantations

The continent, however, has remained a marginal oil palm producer generating just two million tonnes/year despite its agricultural potential and having attracted investments from multinationals.

Palm Oil Africa has been specially structured to explore and discuss investment opportunities in Africa, including the technical and management aspects of plam oil production.

Held under the theme 'Sustainable Oil Palm Development Agronomic Specificities & Yield Potential in West Africa', the conference will see government officials and major industry players sharing their expertise on agri-investments, sustainable development, genetic improvement, disease-resistant and high-yielding varieties of palm oil.

The agricultural ministers of Ghana and Liberia will also present keynote speeches on the challenges of meeting the increased demand of palm oil market that is estimated to be worth US$52.2 billion/year.

Hosted alongside RubberPLANT Africa, with a common half-day session, Palm Oil Africa will be held in Accra from September 5-6, 2012.

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