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Multinational - OLAM Africa Investment Program

Sector: Oil and Gas • Location: Multinational

Source: African Development Bank (AfDB)

Project

OLAM Africa Investment Program aims to consolidate the integration of OLAM Group’s agricultural value chain, via investments in processing of wheat and palm oil in Africa. It's a USD 250 million investment program which includes five sub-projects in four African countries: Mozambique, Ghana, Cameroon and Senegal. This program will create processing capacity of 600,000 tons/annum, along with matchi

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The project “Multinational - OLAM Africa Investment Program” is an infrastructure initiative in the Oil and Gas sector, located in Multinational. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

OLAM Africa Investment Program aims to consolidate the integration of OLAM Group’s agricultural value chain, via investments in processing of wheat and palm oil in Africa. It's a USD 250 million investment program which includes five sub-projects in four African countries: Mozambique, Ghana, Cameroon and Senegal. This program will create processing capacity of 600,000 tons/annum, along with matching distribution capacity. It will also contribute to economic growth in the participating countries, generate employment and strengthen local market linkages with the global supply chain, strengthening regional food supply chains thereby promoting regional integration and trade. As part of this investment program in Africa OLAM Group plans to carry out agro-processing and supply chain expansion projects in Mozambique, Ghana, Cameroon, and Senegal. OAIP program as part of value chain will create 600,000 tons/annum of additional processing capacity, 1 million ton of palm oil supply chain with matching infrastructure, regional food supply chain.

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