Chinese Entrepreneurs to Invest in Benin Palm Oil Production
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A delegation of Chinese agricultural engineers and entrepreneurs decided to invest at least 1 billion CFA Francs ($2.15 million) in Benin’s palm oil industry after a visit to the western African nation.
Benin has vast untapped lands that could be used to produce palm oil and increase the output of agricultural products, the state-owned Office de Radiodiffusion et Television reported today, citing Geng Wenbing, Chinese ambassador to the African country and chief of the delegation.