Audio By Carbonatix
The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Simon Madjie, has called on strategic investors to support the expansion of Birim Oil Mills Company Limited, describing the oil palm sub-sector as a key pillar in Ghana’s tree crops industrialisation drive.
Speaking at the Ghana Tree Crops Investment Summit and Exhibition in Accra, Mr Madjie highlighted what he termed a “ready and credible opportunity” within the oil palm industry, urging investors to partner with the Eastern Region-based company as it enters its next phase of growth.
Birim Oil Mills, a vertically integrated palm oil processing firm, has invested more than US$18 million in developing 2,750 acres of oil palm plantations. The company has also built a strong outgrower network and operates a mill with a processing capacity of 30 tonnes per hour.
Its products supply major refineries in Ghana and reach markets across the ECOWAS sub-region.
Mr Madjie said the company is seeking additional investment to scale up production and meet the growing demand for vegetable oils in Ghana and across West Africa.
Latest Stories
-
Oranges, sardines and eggs could help protect people exposed to air pollution, Ghana study finds
3 hours -
Journalists cautioned against exposing cyber vulnerabilities
4 hours -
Firms scramble for battery power in Spain and Portugal
4 hours -
California cancels talks with Paramount over Warner Bros deal
4 hours -
AI-generated music barred from Australian charts after Madonna cover controversy
4 hours -
Private security firms acting as political militias risk licence revocation, prosecution – National Security Coordinator
4 hours -
Musk’s SpaceX to build $100bn launch facility in Louisiana
4 hours -
Antoine Semenyo makes history as first Ghanaian named in PFA Team of the Year
5 hours -
Mahama calls for responsive healthcare regulation to improve patient safety
5 hours -
IERPP accuses GoldBod of breaching transparency law, says quarterly trading reports removed from website
5 hours -
Future of Energy Conference: Africa cannot industrialise in the dark – ECOWAS Bank President
5 hours -
Help comes to Alajo as DirectAid brings relief items to flood victims
6 hours -
“Somebody created the loss” – Haruna Mohammed backs Minority’s call for GoldBod probe
6 hours -
Hope for agroecological farmers: Scientific Research supports urine-based weed management as safer alternative to glyphosate
6 hours -
Israeli Film Festival returns to Accra with free screenings to boost cultural exchange
6 hours