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Côte d’Ivoire Unveils a 246 Billion FCFA Ten-Year Strategy to Boost the Palm Oil Sector

Côte d’Ivoire Unveils a 246 Billion FCFA Ten-Year Strategy to Boost the Palm Oil Sector

Côte d’Ivoire Unveils a 246 Billion FCFA Ten-Year Strategy to Boost the Palm Oil Sector

Côte d’Ivoire has adopted an ambitious new roadmap to revitalize its palm oil industry and position it as a long-term driver of economic growth. During a workshop held in early October in Yamoussoukro, the Ministry of Agriculture validated a ten-year development strategy valued at 245.9 billion FCFA.

Financed by the Rubber-Palm Oil-Coconut Council (CHPC) and developed by the BNETD, the strategy represents a decisive step toward modernizing a sector that employs over 220,000 people and involves 45,000 producers nationwide.

With 350,000 hectares of plantations and an annual production of around 500,000 tons of crude palm oil (CPO), Côte d’Ivoire already ranks as Africa’s second-largest producer and seventh globally.