Cameroon – Agribusiness: Cameroon became the major importer of Gabonese oil palm

Written by Deckson N.

Gabon’s Awala palm oil refinery conducted on 27 October 2016, its first palm oil exports and palm kernel oil to Cameroon and Spain, announced the Gabonese press.

The packaging of the cargo of 300 tonnes of palm oil and 180 tonnes of palm kernel oil, we learned, was done in the presence of the Minister of Agriculture and Livestock in charge the Seed program, Yves Fernand Mamfoumbi.

These first Gabonese exports of palm oil are a fallout of the diversification program of the economy of this country launched several years ago by President Ali Bongo, in order to make Gabon less and less dependent on oil production.

The Awala plant thus finds in Cameroon an  excellent outlet, since this country presented as the economic powerhouse of the CEMAC area faces for years, a structural deficit in the production of palm oil, which deficit is officially estimated at about 100 000 tonnes each year.

This year, for example, the Cameroonian government had once again granted the preferential import permits for close to 60 000 tonnes to oil seed refiners to make available the raw material for the production of refined vegetable oils, soap , etc.

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Deckson N.

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