Cameroon’s CDC Plans to Help Boost Nation’s Palm-Oil Output 65%
- Agribusiness wants production to reach 450,000 tons by 2020
- CDC officials visited No. 2 producer Malaysia to study output
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Cameroon’s top state-owned agribusiness plans to help boost palm-oil output in Africa’s third-largest producer by about 65 percent by 2020.
The Cameroon Development Corp. wants to help increase the country’s annual production to 450,000 metric tons, according to a statement obtained from the company’s head office in Limbe on Friday. Output will total 270,000 tons in the 2016-17 season, U.S. Department of Agriculture data show.