Cover_Rebuilding West Africas Food Potential

Chapter 11. Oil palm industry growth in Africa: a value chain and smallholders’ study for Ghana 381

Table 18. New Large-scale Oil Palm Projects in West Africa (Cont.)

Countries Project Name/Investor Area (ha) Investment Amount

Sierra Leone Sierra Leone Agriculture (UK-based company) 30 000 -

Sierra Leone Gold Tree (UK group) planned

Sierra Leone QUIFEL planned

Guinea National policy of palm oil development objective 2015 government plan

Liberia Sime Derby (Malaysian company) 180 000 USD 20 million

Liberia Equatorial Palm Oil 169 000 USD 50 million^8

Liberia Golden Agri Resources 240 000 USD 1 600 million^9

Liberia SIFCA (West Africa groups) 8 800 and 6 000 (outgrowers) USD 64 million^10

Source: Compiled by the authors from various sources.

Figure 7. New Project Maps in the Region

Source: Compiled by the authors from various sources.

(^8) Source: http://www.afriqueavenir.org/en/2011/02/15/uk-company-commences-us50-million-oil-palm-investment-in-liberia/
(^9) Source: http://allafrica.com/stories/200912010009.html
(^10) Source: http://www.netnewspublisher.com/liberian-government-and-sifca-sign-64m-oil-palm-oncession-agreement/