But, as in Nigeria and Ghana, it is the smallholders in Ivory Coast, like Desire-Jacques Porquet, who produce most of the country’s palm oil. "Palm oil is important because it supports two million people [in Ivory Coast]," Mr Porquet says as he turns off the smooth, tarred highway and drives deep into the bush along a winding, dusty track.
How much palm oil is produced in Côte d’Ivoire?
Côte d’Ivoire’s Palm Oil production in MY2022/23 is to reach 650,000MT, according to the USDA’s Foreign Agricultural Service Abidjan (Post). The projected increase in MY2022/23 is due to new official data that includes new plantations set up by smallholder farmers.
What are the major palm oil companies in Côte d’Ivoire?
The biggest names in the industry include Awi, Adamafrique, Adamafrique, Sania, Sarci, and Sifca. Post expects a slight increase in Palm Oil consumption for food over the next two years due to population growth. Côte d’Ivoire’s Palm Oil exports are estimated at 320,000MT for MY2022/23.
How much oil & gas does Ivory Coast have?
Estimates put the field reserves to between 1.5 to 2 billion barrels of oil and about 1.8 to 2.4 trillion cubic feet of gas. Ivory Coast is set to build Africa’s first biomass power plant 100 km east from Abidjan.