There is no commercial use of GMO palm oil in Ghana, according to the assessment by Preferred by Nature. While there is no ban on the commercial use of GMO palm oil or crops, there is no evidence of any trials or farms in Ghana that have been planted with genetically modified palm oil. Risk conclusion: Low risk.
Is palm oil production profitable in Ghana?
In order to meet the large unmet demand in Ghana and the large markets in the West African region. The demand for palm oil machine is very large .So the prospects for the palm oil production in Ghana is profitable. However, the traditional palm oil manufacturing method has can’t meet the market demand of palm oil.
What is the history of oil palm in Ghana?
Originally the sector was based on wild palm harvesting and from 1850 onwards oil palm evolved to an agricultural crop that was cultivated either in small farms or in plantations. This led to palm oil becoming the principal export commodity in the 19thCentury and accounting for 75% of Ghana¡¯s export volumes back then.
Who owns Benso oil palm plantation?
Benso Oil Palm Plantation commenced in 1976 as Joint Venture between U.A.C.I. and the Ghana Government. The Ghana Government Shares were divested to the public in 2004 and the company got listed on the Ghana Stock Exchange with Unilever Ghana being the majority shareholder and having management control.