The business opportunities for red palm oil production in Africa are quite impressive.
Palm oil makes up nearly 50 percent of edible oils consumed worldwide. Apart from being a popular ingredient in African food (especially soups, stews and pottage), palm oil has one of the most versatile uses of any plant product.
The global palm oil market is worth hundreds of millions of dollars every year.
Although West Africa lies in the center of the world’s oil palm belt, it produces less than 5 percent of the palm oil consumed worldwide. Malaysia and Indonesia have become the dominant powers in palm oil production and presently supply more than 70 percent of the palm oil consumed worldwide.
Currently, no African country, except Cote D’Ivoire, produces enough palm oil to meet the demand of its local market.
Let’s explore the many lucrative business opportunities available for entrepreneurs in red palm oil production
Africa has lost its glory days of red palm oil dominance
In the 1950s and 1960s, West Africa was the heartbeat of global palm oil production and the number one export commodity of many countries in the region. In its heyday, West Africa produced up to 75 percent of all the palm oil consumed worldwide.
Nowadays, the region imports nearly 60 percent of its palm oil from faraway Malaysia and Indonesia to complement local production.
Palm oil balance in Africa 2010 (in metric tonnes)
Cote D’Ivoire is the only African country that can meet its local demand for palm oil. Other countries have to import to supplement local production.
Who uses palm oil? Why the huge demand?
Palm oil is a hugely versatile vegetable oil used in a variety of ways in different cultures, industries and markets. In food, palm oil is used as a substitute for fat in making condensed milk, coffee cream, ice cream and margarine.
Because of its consistency and ability to resist high temperatures, it is commonly used as cooking oil and is considered one of the best oils for frying. All these amazing qualities make palm oil a highly sought after commodity in homes, restaurants and food processing industries.
As a non-food product, palm oil makes an important raw material in the production of soaps, detergents, greases, lubricants and candles.
With the growing profile of the biofuels market, palm oil has also proven to be a valuable feedstock for biodiesel and serves as an alternative to mineral oils used in power stations.
Palm oil derivatives are widely used in the pharmaceuticals and cosmetics industry. It is also used in the production of printing ink, drilling fluids and water-treatment products.
Apart from local trade in palm oil, it is heavily sold on the international markets as CPO (Crude Palm Oil) and usually commands a high premium price given its vast capabilities and high demand from several industries.
The graph below shows the prices of CPO over the last three years between 2010 and 2013.
Crude palm oil prices have danced between US$800 and US$1,200 in the last three years. (photo credit: http://www.rea.co.uk/)
Business Opportunities in the red palm oil production in Africa
There are a lot of juicy opportunities for entrepreneurs to make money in the growing and successful global palm oil business. We shall explore the different opportunities in this market and their enormous potentials for investors and businesspeople.
Opportunity #1 – Grow an oil palm plantation
Most parts of Africa, especially West Africa, lie in the world’s oil palm belt – a region which produces the best results for oil palm plantations.
However, Africa produces much less palm oil than it is truly capable of because not enough palm trees are cultivated on a commercial scale.
The features which make Africa most suitable for cultivating oil palm plantations include:
- An all-year-round hot weather – The oil palm grows well where it is hot all the year round: between 25 and 28 degrees Centigrade. Hot temperatures allow the oil palm to grow many leaves and, as a result, produce more fruit. Higher temperatures also mean that the palm trees are less prone to disease attack.
- A lot of sunshine – Oil palms need a lot of sunshine to grow well. All year round sunshine helps the palms to produce large and well-ripened fruits which contain a lot of oil.
- Abundant rain – Oil palms are not likely to do very well in areas with water shortages. Plentiful rain is very good for the trees and allows them to grow a lot of leaves which lead to more clusters of fruit.
- Rich, deep, flat and permeable soil – The oil palm needs access to water and mineral salts deep in the soil to do well. If it does not have full and easy access to these essential nourishments, the yields (harvest) may be very poor. The soil must also be able to allow water to soak through (permeable) to ensure that the soil is always well drained. However, in the absence of adequate minerals in the soil, fertilizers can be used to supplement the existing supply.
Despite these huge advantages, more than 80 percent of the palm oil consumed in Africa today come from palm fruits picked from oil palms in rural households, or from oil palm trees that grow in the forest.
A more deliberate effort can be put into cultivating modern oil palm plantations that contain selected (hybrid) oil palms with very high yields.
The fruits of the oil palm (known as ‘palm fruits’) contain a pulp (which is yellow in colour) that is crushed to produce the palm oil. The seed of the fruit contains a white inner kernel which is also crushed to obtain palm kernel oil. Palm kernel oil has hundreds of uses in the home and industries.
If you’re considering an oil palm plantation, growing the right variety of palm fruit will be most essential to the success of this business.
A significant majority of the palm fruits in Africa are of the Dura variety which is characterized by a thick shell and a small pulp.
On modern oil palm plantations, this variety is crossbred with the Pisifera variety to produce a hybrid (Tenera). The Tenera variety is every plantation owner’s favourite because it has a lot of pulp, a thin shell and a big kernel.
Selected varieties like the Tenera ensure a much larger yield for every hectare cultivated!
The three common varieties of the palm fruit and their distinctive qualities (photo credit: The Food and Agriculture Organisation).
Important things to consider before starting an oil palm plantation
- The site for your plantation must be chosen carefully. A flat landscape that is not prone to erosion is most preferable. If the land is not flat, it can seriously affect transport around the plantation and cost you a lot.
- Starting an oil palm plantation will require significant upfront investment. After planting, it usually takes about 3 to 5 years before the trees start to produce any fruit that can be harvested. During this period, money will be spent on fertilisers, improved seedlings and labour for workmen who will be needed to keep the site free of weeds. You should ensure you have sufficient working capital to cater to these expenses before you start.
- Oil palms can be a source of long term income. Once the ground work is well done, and the palm seedlings are properly cared for in their early years, oil palms can live for up to 80 years! Do not try to cultivate too large an area, or the work will be badly done. It is better to cultivate a small plantation and to do the work well, and then gradually increase the size of the plantation. A small plantation that is well looked after can yield more than a large plantation that is badly looked after.
Opportunity #2 – Start a palm oil milling and processing plant
Traditional processing is one of the leading reasons for low palm oil production in Africa.
Due to the crude methods of squeezing out palm oil from the pulp of the palm fruit, a lot of oil still remains in the pulp and is lost through this ineffective and wasteful process.
Modern mills process harvested palm fruits into final grade palm oil with little or no waste and minimal use of human power.
Using machines, the process typically involves sterilizing and threshing the bunches to free the palm fruit, mashing the fruit and pressing out the crude palm oil.
The crude oil is further treated to purify and dry it for storage and sale in both local and international markets.
An investment in a milling plant can be a great source of income if it is located close enough to oil palm sources. The two major ways to make money from this venture are:
Charge a service fee to mill/process harvested palm fruits for customers. You could charge a flat fee on a per kilogram or per hour basis. The value you offer to customers is a quick, easy and labour-free way to get their palm fruits milled and processed to palm oil.
Another popular method of making money from palm oil mills is to buy off harvested palm fruits directly from small-scale farmers, produce the palm oil and then sell directly to both local and international markets.
This strategy has a greater potential for huge profits because of the mill’s capacity to buy palm fruits at low prices and sell the processed palm oil at a much higher price.
To succeed with this strategy, there are a couple of things you will need to watch out for:
Operating a mill is likely to require a lot of electric power. With high fuel prices and poor electricity supply in many parts of Africa, this is likely to be the single most influential and challenging factor in determining the profitability of this venture.
Another important factor is the quality of palm fruits you buy from farmers. You should ensure that they are of the high yield variety (preferably Tenera). A failure in this area may lead to low palm oil production volumes and poor profits.
Other factors to consider before starting an oil mill are skilled labour to operate and maintain the machinery, quality control in processing the palm oil and easy access to markets.
Palm oil processing machinery can be sourced locally or imported. Alibaba.com is a good place to start your search.
Opportunity #3 – Become a bulk trader
Bulk traders buy processed palm oil in large quantities and stock them for export or sale in the local market.
During harvest, usually between March and May of every year, the prices of palm oil reach very low levels due to the abundance of the product on the market. However, during the off-peak (non-harvest) periods, when palm oil becomes scarce, the prices expectedly go through the roof.
This scarcity usually sets in between September and December and can see palm oil prices rise by as much as 100 percent.
This cycle of scarcity and abundance continues because of inadequate storage facilities to ensure an all-year round supply of red palm oil to the market.
A bulk trader sets up a stocking program that allows him/her to buy from the market at very cheap prices during times of abundance and sell back to the market when scarcity sets in. This strategy obviously requires storage space and may incur significant holding, handling and transportation costs.
Most bulk traders buy palm oil from local producers in the hinterland and countryside during the harvest periods and store them away in huge containers and barrels until the scarcity periods when they can sell them in towns and cities (or export) for a very tidy profit.
Palm oil’s ability to retain its natural consistency, even at high temperatures, allows it to withstand long storage periods (usually up to one year). This period allows the bulk trader enough time to gradually sell off the product and make good profits in the process.
Red palm oil production in Africa remains a juicy business opportunity
As Africa’s population explodes and economic growth accelerates, the demand for palm oil is expected to rise.
This demand will largely be driven by human consumption and the diverse applications of palm oil in the manufacture of several household and industrial products. This growth will provide rewarding opportunities for oil palm plantation growers, oil mills and processors and the bulk traders.
If you have any experience in this area, we’re sure a lot of people reading this would love to learn from you. Please leave a comment in the section below or share this opportunity with a friend using the Facebook, Twitter and Google+ buttons below.
To your success!
And by the way, if you enjoyed reading this article and you’re thinking of raising capital to start or grow your business, you’ll love my amazing and life-changing FREE course.
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Dera Sirs, please i need your help in findind such donnors who can supply improved quality hybrid oil palm seedlings/ pre-germinated seeds. Thanks for all. A. V. David
I am a mozambican country that never sãs counted as oil palm producer because the people never sãw this fruit as An. Useful crop. We have that fruit tree as wild tree only. Me and some other small farmers decided to start the cultivation of that tree but we need to have the improved seeds in a way to obtain better yields. Thanks, A. V. David
Hello Antonio,
It’s a brilliant idea that you want to use hybrid seeds to improve your yields.
We did a quick search for suppliers of hybrid oil palm seedlings and found some on [b]alibaba.com[/b]. Some of these seedlings sell for about $10. Follow this link to see all the results – http://www.alibaba.com/products/oil_palm_seedlings/———-50.html
We advise that you contact these suppliers through their website, email or telephone to find out their terms.
Note:
1. Malaysia and Indonesia are the largest producers and developers of hybrid oil palm varieties. Choosing a supplier from any of these countries would be great.
2. Make sure any supplier(s) you choose are verified by Alibaba.com. This should reduce the risk of anything going wrong.
We hope this information helps you.
Thanks for visiting smallstarter.com!
Hi do you recommend alibaba as a trusted Site to trade and also have you got info of other machinery suppliers. Many thanks
Hi Chinelo,
Yes, alibaba.com is one of the world’s leading online market places and a good place to find reputable suppliers for many products.
However, you should always ensure that any supplier you choose to deal with is fully verified by alibaba.com. It also helps if the supplier has a premium account with a Gold status.
Another option will be to scan your local market. Businesses that deal in industrial machinery can point you in the direction of the specific machine you’re looking for.
Thanks for stopping by.
John-Paul
I can help you get the seed we have a lot in our country
Thanks designed for sharing such a good thought, article is nice, thats why i have read it fully
Feel free to visit my blog post
Hi i have read and understood your very educative breakdown. Please how much is the starting money for a small scale palm oil plantation? and other funds required in detail?
Hello Shedrack,
We’re happy you found this article useful. To start a small-scale oil palm plantation, we expect you will need the following:
1. A fairly flat and well-drained piece of land. This can range from a few plots to several hectares depending on what you can get. Even if you have a very large expanse of land, we strongly suggest that you use only a small portion first. Starting small will allow you to make inexpensive mistakes while you learn a lot about cultivating and keeping a plantation. As you know, the cost of land will be cheaper in rural areas and expensive in areas around cities.
2. After land, the variety of palm fruit you cultivate on the plantation is the next most important factor. Using hybrid varieties allow you to extract more oil from each fruit thereby increasing the quantity of your output. My first comment on this thread contains my advice on getting the right seeds for your plantation.
3. Labour is also an important cost component. Depending on the size of your farm, you may just need a few hands to manage and look after your plantation. Much larger plantations invest in tractors and other equipment but if what you have is just a few plots of land, you will find very cheap labour to use. The most labour-intensive aspect of the oil plantation business is at the start – clearing the land, planting the seedlings and removing weeds. When the palms are grown and mature, labour will only be needed to harvest ripe fruits and to remove weeds from the plantation.
When you have a producing oil palm plantation, you may decide to sell the fruits directly on the market or process it further into palm oil. Small scale palm oil processing often requires some labour and little investment in locally produced machines which help to boil, press and extract the oil from the harvested fruits.
Our point is, you can start oil palm production at any level – small or big. There are a lot of people who make money from the few palm trees planted in their backyard. You don’t need to start with acres or hectares; start with what you have and expand gradually as you learn and see the benefits.
I hope this contains all the answers you’re looking for and helps many others who may be considering the oil palm business opportunity.
I wish you good luck and look forward to more of your questions.
Cheers!
[b]John-Paul[/b] 🙂
Thank you for publishing this.
Dear Sir,
Thank you for this opportunity. I am very much interested in establishing a palm oil and palm kernel oil milling and processing plant in one of the African countries. But i have little idea as to the right machinery to purchase for this business. Even though i have been to alibaba website, i couldn’t identify the right equipment due to my ignorance.
I would be very grateful if you could send me a list of the best machinery to purchase to start my enterprise.
I would appreciate your urgent response to this message. Thank you.
Hello Stephen,
Thank you for taking the time to ask these questions.
Palm oil mills come in a wide range of capacities and costs. Although you can have the machines made locally or imported, it is absolutely important that you understand all the processes involved in palm oil and kernel production so you can always find the best machines that suit your business.
A typical palm oil mill will have the following machines which handle the major and critical processes involved in extracting oil from palm fruits.
1. A [b]Thresher[/b] or [b]Stripper[/b]. This is a rotating or fixed drum equipped with rotary beater bars that remove the palm fruits from their bunches.
2. [b]Boilers/Sterilisers[/b]: These machines cook or apply heat to the palm fruits to loosen the pulp, destroy oil-splitting enzymes, and remove gums and resins.
3. [b]Digesters/Pounders[/b]: Digestion is the process of releasing the palm oil in the fruit by pounding it at a high temperature. The digester machine commonly consists of a steam-heated cylindrical vessel fitted with a central rotating shaft carrying a number of beater (stirring) arms
4. [b]A press (hydraulic, spindle etc)[/b]: There are two methods of extracting oil from the digested palm fruits. One system uses mechanical presses and is called the ‘dry’ method. The other called the ‘wet’ method uses hot water to leach out the oil.
5. [b]Clarifiers[/b]: These are machines that are used to separate the palm oil from other impurities such as water, fiber and non-oily solids.
6. In addition to all these, you will need storage tanks for the produced palm oil, good water supply, spare parts and a reliable source of heat (wood, charcoal, gas, electricity etc.)
Depending on the volume of palm oil and kernel oil you plan to produce, the size and capacity of the machines you need will vary.
We found a very detailed resource on the FAO website that gives a lot of information on all the processes involved in palm oil processing. You can find it at: http://www.fao.org/docrep/005/y4355e/y4355e04.htm
This page on alibaba.com contains search results for palm oil processing equipment. Now that you know the processes involved, you should be able to ask the suppliers informed questions regarding their equipment.
Thanks again for your helpful question. We are sure many readers will learn from it.
[b]John-Paul[/b] 🙂
can the hybrid seed perform well in desert areas like yobe, bauchi , Gombe etc? please, I need your candid opinion. Thanks
Hi Hussain,
Thank you for asking. To the best of our knowledge and all the information available to us, palm fruit-bearing trees are known to grow best in tropical regions (where rainfall and humidity are high for them to survive).
I know that date palms (a type of palm) grows better in dry areas (like in Northern Nigeria). I have also read about hybrid palm fruit trees that can grow in cold and high-altitude regions.
I welcome readers to share any information they have on hybrid seeds that can adapt to dry climates. It would be a wonderful thing if it currently exists.
Cheers!
[b]John-Paul[/b] 🙂
Dear sir,
Thank you so much for the kind of response you gave to my initial question. I have tried as much s I can both on alibaba and other sites to get pricing for the kind of equipment that you suggested to me but I seem not to find any price for them. can you please help me get the prices of the following machines for small scale production (thresher, boiler, digester, press and clarifier). I am applying for a competition I need these prices to complete my financial summary. I would very much appreciate it if you can get me the prices anytime soon because I have got very limited time to submit my application. Thank you
Hello Stephen,
My deepest apologies for this late response. I have been away for some time to take care of important family matters.
I guess you are now beyond the deadline for your submission. Most of the palm oil production equipment on alibaba.com are integrated types (all the machines – threshers, boilers, press etc – are all connected together. You can find their profiles and pricing at http://www.alibaba.com/showroom/palm-oil-processing-machine.html
Again, we are deeply sorry that this information is coming late. Please let us know if you have any further questions. Thank you.
[b]John-Paul[/b] 🙂
I would also gladly accept suggestions from readers.
Hello Stephen am from India and I can guide you about machinery related to palm oil processing.Even I am interested to invest in Africa.My email Id “creative.canon@yahoo.com” feel free to mail me.Thank you
Hello…
how can I get contact on the machines to produce this palm oil…. Am a nigerian…..
Tanks you…..
Hi Adegboyega,
Thank you for asking. We are currently working on a partnership with local fabricators of these machines in Nigeria. When it is firm, we plan to reveal the prices and shipping terms. Hope this works for you?
Cheers,
[b]John-Paul[/b] 🙂
Hi am very impresed with your article but i want more information on international market i mean how to get international buyers.
Hello Ade,
Our top recommendation for meeting international buyers and sellers is http://www.alibaba.com
Why are you interested in exporting palm oil when there is a huge demand on the local market? Nigeria is unable to produce enough palm oil to satisfy local consumption and many West African countries import volumes of palm oil from as far as Malaysia and Indonesia every year.
We would suggest that you exploit the huge local market before considering exports.
We hope you found our response useful. Thank you for taking the time to leave a comment.
Cheers.
[b]John-Paul[/b] 🙂
Thanks for this wonderful article . on the average, how long does it take from planting to harvesting
Hi Joe,
Depending on the species, an oil palm tree begins to produce fruits from 3 to 4 years after it has been planted. However, seedlings are usually between 16 to 18 months old before they are planted in the palm grove (plantation).
To learn more, you will find this article by the Food and Agriculture Organisation very useful. You can read it at: http://www.fao.org/docrep/006/t0309e/t0309e01.htm
If you need any further information, we’ll surely find it for you.
Cheers!
[b]John-Paul[/b] 8)
wow! Been thinking on this very same idea for my inherited 16 acre piece of land here in ghana but didn’t know how to start. Thank you so much for this article and God richly bless you.
Thanks for the very kind feedback Deji. May God bless you too as you find a profitable use for your 16-acre property.
Cheers.
[b]John-Paul[/b] 🙂
Good day John.
In regards to storage; what are the best equipment to use in storing palm oil during its peak periods.
Meanwhile, nice article, very rich and informative.
Cheers
Regards
Dennis
Hello Dennis,
Thank you for your kind feedback. It’s very much appreciated.
Storage tanks and barrels are OK for storing palm oil in tropical regions of the world like sub-Saharan Africa. However, you should ensure that the insides of the tanks are made of materials that will not react with the oil. Stainless steel, plastic, rubber and glass are inert to palm oil and usually don’t react with it.
Another important thing you need to watch out for is the storage temperature. The preferred temperature range for storing palm oil is 30 – 40 degrees Celsius. Below 25 degrees, palm oil starts to solidify/thicken. You shouldn’t let this happen.
Red palm oil usually has a long shelf life and can last for up to 6 months in storage. Beyond this period, the oil may have an unpleasant aroma, a rancid taste or a change in color.
I hope this information answers your question. Thanks again for taking the time to leave a comment!
Cheers!
[b]John-Paul[/b] 🙂
J.P…well done you av helped me greatly God bless u for this article.
Thank you Francis. I’m glad you found some help here. Your comment made my day! I look forward to writing more interesting stuff.
[b]John-Paul[/b] 8)
Hello I love this blog I get a lot of inspiration from it.Please I would like to know how to get investors for an palm oil processing factor.The thing is that the business(owned by a relative of mine) ran aground due to mismanagement of funds and lack of managerial skills.He has been to the banks but nothing is forth coming.The company is located in the Eastern part of Nigeria.plus you can reach me via my email if you have any suggestions.
Hello Ada,
Thank you for your question and kind feedback. I’m sure many current and future readers will learn from your relative’s challenges.
Here are my questions, suggestions and recommendations:
1. What exactly does your relative need the funding for? Does he/she need to buy new/more equipment? Or just working capital to kickstart the business? How much EXACTLY does he/she require?
2. In getting the funds from investors/banks, how will he/she convince them that the mismanagement problems that ran the business aground in the first instance will not repeat itself?
3. Banks/Investors always want to see a business plan. That’s how they distinguish serious business people and entrepreneurs from the unserious ones. Do you have a plan in place? I would suggest that you read our article on business plans to understand exactly what I mean. You can find the article by following this link: https://www.smallstarter.com/know-the-basics/start-your-business/how-to-write-a-business-plan-in-three-easy-ways
4. The business plan must show bankers/investors that the profits from the ‘rebranded’ business will be enough to justify and repay the interest on the loans or returns on the capital they invest.
5. We also recommend that you consider other sources of capital. Banks are just one of many options that are available to you. You should read our article on 10 Ways To Raise Capital for A Business. You will find it at: https://www.smallstarter.com/know-the-basics/start-your-business/how-to-get-capital-to-start-your-small-business
Consider these points and let me know if you have any further questions/concerns. it’s always a pleasure sharing your challenges.
Thank you for taking the time to ask. We really appreciate it.
Cheers.
[b]John-Paul[/b] 8)
Dear John P
Thanks so much for the information,i have been making research on how to start up this business, God bless you and give you more knowledge.
Pls what are the risks and challenges in oil production and storage?
Secondly, in a plot of land, what should the spacing be like and how many palm tree can contain in it?
Courage V.E 🙂
Hello Courage,
Thank you very much for your kind feedback and brilliant question. I’m sure other readers will benefit from the answers.
The UN Food and Agriculture Organisation (FAO) recommends that oil palm seedlings are planted [b]9 meters apart[/b] in a triangular pattern. This would give a density of [b]between 140 and 150 trees per hectare[/b]. If the palms are planted too close together, they would compete for space and sunlight, thereby leading to poor yields. If they are planted too far apart, you would be wasting valuable land.
To aid your research into the oil palm business, I strongly recommend you read the following resources. They are rich in important information that would interest you. They are:
1) http://www.fao.org/docrep/006/t0309e/T0309E01.htm#ch1
2) http://www.naandanjain.com/uploads/catalogerfiles/oil-palm-2/NDJ_OilPlam_eng_booklet_130311F.pdf
I wish you the best of luck as you make up your mind about this venture.
Cheers!
[b]John-Paul[/b] 8)
hi john paul many thanks for this great and informative article. Please confirm the exact months that are classified as peak and off peak in nigeria. I would also be grateful if you can advise of the best markets to source high quality palm oil from
thanks and regards
Hi Molly,
The peak period (which is when most producers harvest and process their palm oil) is usually between February and May. The rest of the year is regarded as off-peak as most of the palm oil on the market are supplied from storage.
The best markets to source quality palm oil depend on the features of the oil (such as taste, colour and density) your target consumers would prefer. Nevertheless, most of Nigeria’s palm oil is cultivated and processed in the south-west, south-east and south-south states.
Cheers.
[b]John-Paul[/b] 🙂
Hmmm, very informative and I’m fully subscribed 😆 🙂
Hi. Your information was great thank you. I’m am looking for second hand palm kernel crushing machines. Do you have any ideas on where I can obtain these for my factory in Nigeria? Much thanks.
Hi Frank,
Thanks for your question.
I’m thinking the best option for you would be to fabricate one locally for yourself. The home made models work well, are cheap to buy and maintain.
Look for a fabricator around you who has experience producing farm processing machinery and you should be fine. On the other hand, you could contact:
[b]Mr. Olumakinde Oni
Nucleus Ventures (Nigeria) Limited
Makoni Plaza,
Off Eleyele Roundabout (Next building after Kappan Petrol Filling Station)
Eleyele-Eruwa Road, Ibadan, Oyo State – Nigeria
Mobile: 08023058045, 08033660177[/b]
Tell him John-Paul referred you.
I hope you find what you’re looking for.
Cheers!
[b]John-Paul[/b] 🙂
Hello Everyone,
The information shared on this platform is very real and correct to details. Thanks
For your information.
Oil Palm Plantation is up for sale about 400 Plots are available.
You can get more information.
Email dexstarltd@gmail.com
this information for free
Thank you.
hi, i have being reading some very interesting information which i think is so helpful my question is, i want to start growing yam business in Ghana, how do i go about it and also how do i store and export to the international market plaese sir.thanks
Hi Anita,
Thank you for your kind feedback. Unfortunately, I haven’t researched the yam production business yet. It’s a good thing that you have now brought it to my attention. I shall make some room to publish something about yams later in the year.
Thank you for reading our articles. So you know when we publish articles, please follow us on Facebook at http://www.facebook.com/smallstarter
Cheers.
[b]
John-Paul[/b] 🙂
Palm Oil business is a very lucrative business people refused to delve into. So far so good, it has been yielding a lot of profit, and will still do till forever. We have Palm oil seedling for sale, Post Nursery and Pre Nursery at affordable price, mapping out of land services will also be rendered. Contact us on +2348135356976, and Heralds41@gmail.com. Thanks.
Sir,
Having read your article, I must confess that you are one of the very few that do carry out their passion with a goal of solving people’s problems, and I must confess that God will never stop blessing your generation.
My company is one of the biggest importer of crude Palm oil in Nigeria, but due to the current forex issue in Nigeria, we have not been able to trade. I have thought of many things including getting a foreign investor who will prefer to use the importation as a medium to invest in the country instead of using wire transfer. Please I need you to help me save my job. If my line of thought is still possible please give me guidelines. If it isn’t possible please give me a direction. Incase you may want a private interaction, this is my email:emmanze.rimco@gmail.com.
Thank you
Are you still in business? If so please email me at pdennisw@ymail.com. Thank you, Would like to get some information from you.
This is a well articulated piece. Please I will need a sample business plan on palm oil production to guide me. onukwufor.cv@gmail.com.
Thanks.
I am from Edo State and reside very close to Okomu Udo, Ovia South West LGA
where the popular Okomu oil palm PLC is based.
The company produces the following products:-
1) Edible Crude Palm Oil (CPO) considered to be the best quality in Nigeria. The bulk of this oil is sold directly as a food product and also to industrial users such as Lever Bros Nig and PZ Co Ltd. for further processing into food products. A large number of Indian and Nigerian run small businesses buy the oil – most is bottled and sold as a food product.
2) Palm Kernel Oil (PKO) also of very high quality. PKO is purchased by the large industrial buyers, mainly for high quality soap, but also for locally made cosmetics.
3) Palm Kernel Cake (PKC) used mainly for ruminant feed by local livestock keepers and some livestock feed manufacturers.
4) Banga Oil – Sold in 2ltrs and 4ltrs plastic kegs. This is seen as a high quality food item in Nigeria.
5) Rubber (cup-lump) – This production is derived from the 300 Ha of Rubber that already existed on the 6000 Ha of land recently purchased and at present is sold as cup-lump to local buyers.
If you are interested in any of these products, I can help you get the product delivered to anywhere you want in the world.
Call me on +2347034780424(Please if you call and am not reachable at that moment leave a text message and I promise to get back to you)
Thank you
Mr David
i write from Italy,
and have interest like buyer to import 1500 tons for month of palm oil for food application like chocolate and confetionery.
Please if have disponibility we can start asap with a good your offer.
Not intermediary
My contact :
MR.TONINO ERBUSTO
G.MANAGER CONTRADE ITALIANE SRL
TONINOERBUSTO@GMAIL.COM
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This is great. Olatorera.com has worked with small-scale businesses in this area to increase their production potentials.
am so happy to see all this
please i want to start this palm oil business and i need your advice and directions
email me with johnsonpromise962@gmail.com GOD WILL BLESS YOU
This is a master piece and an eye opener, please can i get a simple sample of business plan to start up a palm plantation in a small plot of land.
tok2franco@gmail.com, 08132236409.
Thanks and God bless
The above illustration is awesome! Meanwhile if you’re interested in Palm tree pls email me akeemhassan67@gmail.com. Thank you.
Great article!
Am Peter
Am currently investing in the third opportunity I. E buying and storage. My greatest concern is in QA/Qc. Is there a technology for it.