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Nigeria’s Oil Palm company now owns 100% stake in Ghana’s Oil Palm company

Nigerian oil palm company Presco Plc. has acquired a 100% equity stake in the Ghana Oil Palm Development Company (GOPDC) for approximately US$124.9 million....

Govt allocates GHS11bn for oil imports annually

Coordinator for the Anti-Smuggling Taskforce on Vegetable Oil Import, Dr. Paul Amaning, has disclosed that Ghana expends GH¢11 billion annually on oil imports.According to...

Smuggling of oil palm products surges

The Oil Palm Development Association of Ghana (OPDAG) has expressed deep concern over the growing incidence of smuggling of oil palm products into the...

Benchmark valuation cut discourages local investments in the oil palm industry – OPDAG

President of the Oil Palm Development Association of Ghana (OPDAG), Samuel Avaala, has expressed that the 50 percent cut in benchmark valuations on imports...

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