Industry: Agriculture (Crop Farming; Palm Oil Production and Processing Business plan in Nigeria) Farms is an Integrated Palm Oil Production and Processing Farm operating in hygienic and pure production and processing of prepared palm oil targeting Ebonyi state, Southeast Nigeria, the entire nation and ?nally the export market.
Is palm oil outpacing production in Congo?
Palm oil is a standard ingredient in Congolese kitchens, but it¡¯s also commonly used to make soap. Now, demand is outpacing production ¨C and some families are getting priced out of the nutritional staple. Louise Menga has been selling palm oil in Kisangani¡¯s central market for seven years.
How much does palm oil cost in Congo?
Akambo is one of them. Palm-oil prices are rising in markets across Kisangani, the capital of DRC¡¯s northeastern Tshopo province and a major trading hub with a population of about 1 million. Akambo says she¡¯s left with few options to feed her family. ¡°I need to pay 800 Congolese francs (50 cents) for one bottle of palm oil,¡± she says.
What is the palm oil industry like in DRC?
According to the World Bank, more than 80 percent of DRC¡¯s working population is employed in the agriculture sector. While some of the largest palm plantations in the country are owned by international companies, small-scale farmers are largely responsible for supplying the population with palm oil.