Where is Socapalm located?

Cameroonian
Socapalm (Société Camerounaise de Palmeraies) is a Cameroonian limited company with Board of Directors, and capital of 45,757,890,000 , whose Head Office is in Tillo, Nkongsamba road and the Executive Management in Douala, “Rue de la Motte Piquet Bonanjo” , BP 691 Douala , Telephone (237 ) 333 43 87 28-333 43 77 83.

What does Socapalm produce?

Created in 1968 by the Cameroonian government, SOCAPALM (Société Camerounaise de Palmeraies) is an agro-industrial company whose main activity is the production of raw palm oil.

What is the meaning of Socapalm?

Acronym. Definition. SOCAPALM. Société Camerounaise de Palmeraies (French: Cameroonian Palmeraies Company; agribusiness)

Does Cameroon export palm oil?

Exports In 2019, Cameroon exported $4.33M in Palm Oil, making it the 53rd largest exporter of Palm Oil in the world. At the same year, Palm Oil was the 25th most exported product in Cameroon.

Where is the headquarter of CDC found in Cameroon?

Bota, Limbe
The CDC is an agribusiness company and its general offices are based in Bota, Limbe.

Which company produces palm oil in Cameroon?

SOCAPALM
Currently, agro-industrial palm oil plantations and the industrial transformation of palm oil in Cameroon are carried out by five large companies: The French group Bolloré has three companies including – SOCAPALM (28,027 ha), SAFACAM (4,870 ha) and the Swiss Farm (3,793 ha); the other two companies belong to the State: …

Who is the general manager of CDC in Cameroon?

Franklin Ngoni Ikome Njie
Franklin Ngoni Ikome Njie as General Manager of CDC.

When was the CDC created in Cameroon?

1947
The Cameroon Development Corporation (CDC) is an Agro Industrial Company created in 1947 as a public establishment to acquire, develop and operate extensive plantations of tropical crops.

Where is palm oil found in Cameroon?

Today, nearly 51% of Cameroon’s palm oil comes from the Socapalm plantations (La Société Camerounaise des Palmeraies). The future of this company, which is located in remote rural areas, is closely linked to the sustainable development of the local population and the local economic fabric.

How much is palm oil in Cameroon?

Export values for Cameroon palm oil The total values in export for palm oil in Cameroon were US$ 4,702, US$ 3,312, US$ 6,874 and US$ 9,306 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.

What is socsocapalm doing to address Cameroon’s palm oil shortage?

Socapalm is aware that Cameroon has a palm oil shortage certain times of the year compared to its domestic needs. Therefore, a rejuvenation of its plantations was initiated to improve yields and environmental protection. The company also implemented a plantation diversification policy in favor of rubber cultivation.

What is the history of SOCAPALM?

And so Socapalm was established in 1968. Between 1968 and 1980, the company planted 18 000 hectares of oil palms. However, as a state company, Socapalm was not competitive in the local socio-economic context, and a privatization process was therefore initiated. Privatization became effective in June 2000.

What is SOCAPALM’s certification?

The company has been ISO 14001 certified since 2015, confirming its profound determination to promote a genuine culture of eco-responsibility within the company as well as within the employees’ families and environment. Finally, Socapalm is a partner of the IECD (European Institute for Cooperation and Development).

Where does Cameroon’s palm oil come from?

Today, nearly 51% of Cameroon’s palm oil comes from the Socapalm plantations (La Société Camerounaise des Palmeraies). The future of this company, which is located in remote rural areas, is closely linked to the sustainable development of the local population and the local economic fabric.