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              Africa: Launch of PAPSSCARD Marks Major Leap Toward Financial Sovereignty and Intra-Continental Trade Integration

              Africa: Launch of PAPSSCARD Marks Major Leap Toward Financial Sovereignty and Intra-Continental Trade Integration

              Africa: Nigeria, Egypt Top $95 Billion Remittance Surge, Unlocking New Investment Frontiers

              Africa: Nigeria, Egypt Top $95 Billion Remittance Surge, Unlocking New Investment Frontiers

              Nigeria: Customs Integrates CBN, FIRS, Banks into B’Odogwu Platform to Digitize Trade Efficiency

              Nigeria: Customs Integrates CBN, FIRS, Banks into B’Odogwu Platform to Digitize Trade Efficiency

              Africa: Nigeria Ascends Global Customs Leadership as CGC Adeniyi Becomes WCO Council Chair

              Africa: Nigeria Ascends Global Customs Leadership as CGC Adeniyi Becomes WCO Council Chair

              Kampala Road Works: Kigenyi urges safety, order

              Kampala Road Works: Kigenyi urges safety, order

              Kenya secures EBRD African hub

              Kenya secures EBRD African hub

              Nigeria, Rwanda sign double taxation treaty

              Nigeria, Rwanda sign double taxation treaty

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              • FEATURES
                Meet Sidi Ould Tah: Newly President of African Development Bank Group

                Meet Sidi Ould Tah: Newly President of African Development Bank Group

                Meet the newly appointed executives steering NNPC Limited

                Meet the newly appointed executives steering NNPC Limited

                Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                Meet Haruna Iddrisu: The Politician, Lawyer, and Latest  Minister of Ghana’s Ministry of Education

                Meet Haruna Iddrisu: The Politician, Lawyer, and Latest  Minister of Ghana’s Ministry of Education

                Meet Agnes Naa Momo Lartey: The Minister Designate for the Ministry of Gender, Children and Social Protection in Ghana

                Meet Agnes Naa Momo Lartey: The Minister Designate for the Ministry of Gender, Children and Social Protection in Ghana

                Meet Justina Nelson: A Banking Visionary and Strategic Leader Who Takes Over MIIF as Acting Chief Executive Officer

                Meet Justina Nelson: A Banking Visionary and Strategic Leader Who Takes Over MIIF as Acting Chief Executive Officer

                Meet Nigeria’s Newly Nominated Ministers

                Meet Nigeria’s Newly Nominated Ministers

                Nigeria’s $5 billion FLNG project gets Presidential endorsement

                FULL TEXT: President of Nigeria 2024 Independence Day speech

                Trending Tags

                • DIGITAL ECONOMY
                  Tanzania signs deal with Cuban firm to enlarge TBPL

                  Tanzania signs deal with Cuban firm to enlarge TBPL

                  Meet Netumbo Nandi-Ndaitwah: Namibia’s First Female President

                  Namibia: President Nandi-Ndaitwah unveils new cabinet

                  Kenya: Ministry of Health outlines SHA compliance measures

                  Kenya: Ministry of Health outlines SHA compliance measures

                  South Africa: Durban Port to expand vehicle terminal

                  South Africa: Durban Port to expand vehicle terminal

                  Botswana, Türkiye aim for stronger ties

                  Botswana, Türkiye aim for stronger ties

                  Nigeria to host 2025 Afreximbank annual meetings

                  Nigeria to host 2025 Afreximbank annual meetings

                  Ghana:Adjei reaffirms commitment to expanding urban water supply

                  Ghana:Adjei reaffirms commitment to expanding urban water supply

                  Mahama reaffirms commitment to economic stability

                  Mahama reaffirms commitment to economic stability

                  Kenya Government Embarks on County Industrialization Initiative to Boost Trade and Employment

                  Kenya Government Embarks on County Industrialization Initiative to Boost Trade and Employment

                  Trending Tags

                  • INTERVIEW
                    Botswana Stock Exchange’s Strategic moves to attract foreign investors: Insights from CEO ; Kopano Bolokwe

                    Botswana Stock Exchange’s Strategic moves to attract foreign investors: Insights from CEO ; Kopano Bolokwe

                    Transforming Botswana’s Public Service: Gaone Manzini on Leadership, Integrity, and Vision for the Future

                    Transforming Botswana’s Public Service: Gaone Manzini on Leadership, Integrity, and Vision for the Future

                    White House Welcomes Kenya William Ruto for First African State Visit

                    White House Welcomes Kenya William Ruto for First African State Visit

                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

                    Sierra Leone Seeks Upstream Partners to Fast-Track Exploration, says Petroleum Directorate

                    Ghana’s registra department: driving digitization for effecient services

                    Ghana’s registrar department: driving digitization for efficient services

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Nigerian’s First Lady Aisha Buhari in Talks on Plans After Husband’s Presidency

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    Cedi expected to end 2020 with less than 5% depreciation to dollar Says Expert

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    “Citizen Gate is Designed to bring the government closer to the people”- Mr. Toba Otusanya, DG, Lagos State Office of Transformation, Creativity & Innovation

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    I cherish and treasure my reputation for probity and accountability,– Dr. Babatunde Ajibade, SAN

                    Trending Tags

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                      Ghana: Vice President Bawumia launches Credit Scoring System

                      Ghana: Vice President Bawumia launches Credit Scoring System

                      FAAN MD Olubunmi Oluwaseun Kuku has emerged as Public Sector Global CEO of the Week

                      FAAN MD Olubunmi Oluwaseun Kuku has emerged as Public Sector Global CEO of the Week

                      Sam Shivute, Commissioner General, Namibia Revenue Agency has Emerged as Public Sector Global CEO of the Week

                      Sam Shivute, Commissioner General, Namibia Revenue Agency has Emerged as Public Sector Global CEO of the Week

                      Ms. Hapiloe Sello, Chief Executive Officer, South African National Parks has Emerged as Public Sector Global CEO of the Week

                      Ms. Hapiloe Sello, Chief Executive Officer, South African National Parks has Emerged as Public Sector Global CEO of the Week

                      Dr. Douglas Letsholathebe, Minister of Education and Skills Development, Botswana has Emerged as Public Sector Global Minister of the Week

                      Dr. Douglas Letsholathebe, Minister of Education and Skills Development, Botswana has Emerged as Public Sector Global Minister of the Week

                      Bashir Adewale Adeniyi MFR, Comptroller General, Nigeria Customs Service has Emerged as Public Sector Global CEO of the Week

                      Bashir Adewale Adeniyi MFR, Comptroller General, Nigeria Customs Service has Emerged as Public Sector Global CEO of the Week

                      Ms. Latifa Mohamed Hamis, Director General, Tanzania Trade Development Authority, has Emerged as Public Sector Global CEO of the Week

                      Ms. Latifa Mohamed Hamis, Director General, Tanzania Trade Development Authority, has Emerged as Public Sector Global CEO of the Week

                      The Minister of Health, Morocco, Hon. Khalid Ait Taleb has Emerged as Public Sector Global Minister of the Week

                      The Minister of Health, Morocco, Hon. Khalid Ait Taleb has Emerged as Public Sector Global Minister of the Week

                      Esther Ngari Emerges Public Sector Global ‘CEO of the Week’

                      Esther Ngari Emerges Public Sector Global ‘CEO of the Week’

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                      Home Featured

                      African Governments Persuaded to Invest in Oil Palm Production during Conference

                      Public Sector Global by Public Sector Global
                      August 23, 2019
                      in Featured, Features, NEWS
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                      African Governments Persuaded to Invest in Oil Palm Production during Conference
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                      During the 3rd African Sustainable Palm Oil Conference held in Ghana recently, Godwin Obaseki, Governor of Edo State made a statement to encourage Nigeria African Government to invest massively in oil palm production in order to meet the increasing demand of palm oil on both the local and the international markets.

                      He said it was regrettable that Africa was importing palm oil from South East Asia when it had fertile lands to cultivate oil palm and process it for the local market and for export.

                      At the Conference held in Accra, Ghana, the third Africa Sustainable Palm Oil Conference on the theme, ‘Sustainable palm oil – A shared responsibility,’ Mr Obaseki reiterated the statement.

                      The two-day conference being organised by non-profit organisations, Roundtable on Sustainable Palm Oil (RSPO) and Proforest is being attended by participants from Ghana, Liberia, Cameroon, and Gabon to discuss strategies to promote sustainable oil palm production in Africa.

                      Mr Obaseki said Africa could raise more revenue from oil palm if governments paid attention to the sector, saying the demand for palm oil was estimated to reach $88 billion by the year 2022.

                      Currently, he said, the price of a barrel of crude palm oil on the world market was higher than the price of crude oil.

                      The Governor stressed that the oil palm industry held the key to addressing poverty and addressing unemployment on the continent.

                      However, the Governor opined that, in spite of the enormous opportunities the oil palm industry present, the sector could also have serious implications on forest resources if the sector was not properly regulated.

                      He said the sector could influence deforestation due to the increasing clearing of forest for oil palm cultivation.

                      In view of the aforementioned danger, Mr Obaseki called for sustainable oil palm production to make the industry thrive and also protect the environment.

                      Speaking further, he commended RSPO and Proforest for organising the conference to discuss the oil palm industry and sustainable strategies to make the industry thrive.

                      The Africa Regional Director of Proforest, Abraham Baffoe said Africa and for that matter Ghana needed to tackle the issue of low productivity in the oil palm, which is dominated by small-holder farmers which constitute 80 per cent of players in the industry, to meet the growing palm oil demand in the country.

                      “While players in the commercial oil palm industries are harvesting about 20 tonnes per hectares, the small-scale producers are harvesting between two to four tones,” he said.

                      Mr Baffoe said the country needed additional 50,000 tonnes of crude palm oil to meet the increasing local demand of the product and companies like Unilever, Nestle were importing palm oil from Asia to meet their production demand.

                      Mr Baffoe, among other factors, attributed the low productivity of oil palm in Ghana to poor seed, poor soil fertility and poor agronomic practices by the oil palm producers.

                      The Africa Director of Proforest disclosed that his outfit had helped drafted a Tree Crop Bill and was currently before Parliament, saying the bill when passed into law would help promote and revamp the oil palm industry in Ghana.

                      In a closed statement, Chief Operating Officer of RSPO, Bakhtiar Talhah emphasised the need for synergies to be built among players in the oil palm industry and communities with oil palm plantations, saying owners of oil palm and local communities need to coexist peacefully.

                      Tags: AfricanConferenceduringGovernmentsPalmPersuadedProductionto Invest in Oil
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