When did palm oil become a commercial crop in Ghana?
Palm oil in Ghana became a commercial crop at the beginning of the 19th century. Originally, the sector was based on wild palm harvesting and later in 1850 oil palm plantations were established and oil palm evolved to an agricultural crop.
What is a business plan for palm oil production?
A business planfor palm oil production typically includes an executive summary, company overview, market analysis, production process, marketing and sales strategy, operational plan, financial projections, and risk assessment. Read Also: [Pdf Sample] Business Plan For Spinach Farming Docx
How much palm oil is produced in Ghana?
The current population of Ghana is about 25 million based on the 2010 census. The current production of palm oil stands around 243,852 tons of palm oil hence an finternal unmet demand of 35,000 tons. The whole ECOWAS region has an unmet demand of 850,000 tons (MoFA, 2012).
What is an executive summary for a palm oil business?
Executive Summary The executive summary serves as an introduction to your business plan, providing a concise overview of your palm oil production venture. It should highlight the key aspects of your business, such as the mission statement, objectives, target market, competitive advantages, and financial projections.