Oil Extraction Rate (OER) is the single most important technical metric in palm oil processing. Nigeria's smallholders average 11–15%. Modern cooperative mills achieve 22–25%. The income difference is life-changing.
OER
Palm Oil
Technology
HIBGLI Agro Ventures is committing ₦7.5 billion to transform Ondo State's palm oil sector: 1,200 farmers, 20 cooperatives, a 1,000-hectare demonstration farm, and a path to ₦11.55B annual revenue. Here is the full picture.
Investment
Ondo State
Palm Oil
Palm oil is in half of all packaged goods globally. Africa produces 7% of the world's palm oil and processes almost none of it into derivatives. The food, oleochemical, and biofuel industries that should exist on this continent are currently in Kuala Lumpur and Rotterdam.
Palm Oil
Derivatives
Africa
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