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Gabon Opens New Palm Oil Plant
calendar14-08-2015 | linkStarAfrica.com | Share This Post:

14/08/2015 (StarAfrica.com) - Gabonese President, Ali Bongo Ondimba on Friday inaugurated a new palm oil production facility in Kango, south of Libreville.

It is the second such plant after that managed by SIAT Gabon in Lambaréné (center).

The plant was built by the Singapore-owned agro-industrial group Olam, as part of a public-private partnership with the Gabonese government.

Gabon exploits oil palm trees for cooking oil and soap.

The country plans to increase its oil production to 250,000 tons by 2020 and thus become the largest producer in Africa, south of the Sahara.