Wednesday, Sep 9, 2026
Exclusive insights, data, and analysis for financial market experts.
Request a service
Invest-Time
  • News
  • Topics
    • Mining
    • Project & Performance
    • AfCFTA
    • Sport
    • Startup
    • Telecoms & TIC
    • Tourism
    • Water and Energy
    • Logistics and Transport
    • Agribusiness
    • BTP
    • Business
    • Companies
    • Education & Culture
    • Environment
    • Finance
    • Incentives
    • Industry
    • Infrastructure
  • Media
  • Opinion
  • Focus
  • Institutions
  • Interview
  • Contact
  • Newsletters
  • News
  • Agenda
  • Survey
  • Club Invest For Africa
Reading: Palm oil in Cameroon: Opalm acquires Eseka from Socapalm with ambition to triple processing capacity
Share
  • English
  • Français
SUBSCRIBE
  • Africa
  • economy
  • Finance
  • cameroon
  • industry
  • mining
  • Energy
  • invest in africa
  • Our Services »
  • Search fund
  • Market research
  • Business Plan
  • Real estate
  • Sales and distribution
  • Survey
  • Club Invest For Africa
Invest-Time
Subscribe
  • Our Services »
  • Search fund
  • Market research
  • Business Plan
  • Real estate
  • Sales and distribution
  • Survey
  • Club Invest For Africa
  • French
  • News
  • Newsletters
  • Survey
  • Services
  • Agenda
What do you find...
  • Agenda
  • Contact
  • Request services in…
  • Newsletters
  • Survey
  • Topics
    • Interview
    • Agribusiness
    • BTP
    • Data watch
    • Energie
    • Environment
    • Finance
    • Focus
    • Tourism
    • Industry
    • The Guest
    • Focus
    • Media
    • Mining
    • Opinion
    • Incentives
    • Infrastructure
    • Analyses
    • Research and Development
    • Sport
    • Education & Culture
    • Tourism
    • Business
    • Companies
    • Startup
    • Institutions
    • Project & Performance
    • Society
    • Telecommunications & TIC
  • Africa
    • Southern Africa
    • Central Africa
    • East Africa
    • West Africa
    • North Africa
  • More
    • Regional Integration
    • AfCFTA
Already have an account ? Sign In
Follow US
© 2023 Invest-Time. By Afrik-Shine Medias Group. All rights reserved.
Industry

Palm oil in Cameroon: Opalm acquires Eseka from Socapalm with ambition to triple processing capacity

More than a simple asset transfer, this transaction marks the launch of an ambitious industrial program aimed at tripling Eseka’s local processing capacity. The objective is substantial: inject more than 100,000 additional tons of palm oil into the domestic market in order to cut the country’s structural deficit by half and strengthen Cameroon’s food sovereignty.

By
Aissatou Amirah
Published: 22 February 2026
Last updated: 22 February 2026
4 Min Read
Share
Cameroon’s Opalm Launches CFA 45 Billion Palm Oil Expansion to Cut Imports and Boost Local Production

Follow us on our channel  chaîne Telegram Invest-Time   chaîne WhatsApp Invest-Time chaîne TikTok Invest-Time

The industrialization drive of Cameroon’s palm oil sector has reached a new milestone. Following the signing of investment agreements with the Cameroonian government on December 22, 2025 in Yaoundé, Opalm has moved into the operational phase of its industrial program, backed by a total investment of CFA 45 billion for the construction of five processing units.

By the end of 2025, as part of its plan to build and operate five palm nut processing plants, Opalm signed two investment agreements with the Government of Cameroon one with the Ministries of Agriculture (MINADER), Trade and Industry (MINCOMMERCE), and another incentive approval agreement with the Investment Promotion Agency (API). In addition, with the Ministry of Agriculture, Opalm signed a set of specifications defining the ecosystem and synergies among value chain stakeholders to ensure better support for palm nut producers.

These agreements, concluded in the presence of administrative authorities and sector stakeholders, legally frame the deployment of a structuring project aimed at increasing the local supply of crude palm oil and reducing the national deficit by 50%.

An industrial scaling strategy

Beyond the initial announcement of five processing mills, Opalm revealed during discussions held on February 18, 2026 in Eseka that one of the first units to become operational will be located in the Nyong-et-Kéllé basin, in the Centre Region. More importantly, the company has expressed a broader ambition: to triple the planned processing capacity of this first plant, transforming it into a leading industrial hub in the area.

This strategic direction emerged from meetings in Eseka between Opalm executives, representatives of Socapalm, local administrative authorities, and value chain stakeholders. Discussions focused on the operational transition of the site, workforce integration, and prospects for rapidly scaling up processed volumes.

Cutting the structural deficit by 50%

The stated objective is clear: contribute to closing a national deficit estimated at nearly 50% in crude palm oil production. Cameroon currently faces a shortfall of approximately 300,000 tons per year, leading to heavy reliance on imports, with direct consequences for the trade balance and production costs for downstream processing industries.

According to Gabriel Mbairobe, Minister of Agriculture and Rural Development:

“Cameroon imports between 200,000 and 300,000 tons of palm oil olein annually to meet national demand, representing more than CFA 100 billion.”

By eventually injecting nearly 108,000 additional tons into the national market, Opalm’s program aims to significantly reduce this structural gap and strengthen the country’s agro-industrial sovereignty.

The Eseka transfer as a consolidation lever

It is within this broader context that the transfer of the Eseka plantation from Socapalm to Opalm took place, officially announced in a press release on February 18, 2026 from Douala. According to the historic agro-industrial company Socapalm, the transaction is part of a consolidation and regulatory strategy for the sector, with the ultimate goal of sustainably strengthening national production.

Socapalm emphasizes that this is not a withdrawal from Cameroon, as the company retains its other plantations. The transition provides for the full transfer of personnel to Opalm, with preservation of acquired rights, seniority, and social benefits, ensuring both social and operational continuity.

The company also announced technical and managerial support for Opalm during the takeover phase to ensure a smooth and secure transition.

More Read

Onions in Senegal: import freeze officially lifted
Onions in Senegal: import freeze officially lifted
WAEMU Exports: Oil, Gold and Cotton Down
Senegal: fuel prices increased again, after a drop last december
Dakar aims to mobilize 487 Billion FCFA in two months on the UEMOA securities market
Just energy transition in Senegal : less than 650 billion mobilized out of a 1,640 billion FCFA target

Find out more

CONTACT US NOW
TAGGED:Africacamerooneconomy

Don't miss any opportunities

Receive all the latest opportunities directly in your inbox.

Please check your inbox or spam folder to confirm your subscription.

Share
Previous Article Cameroon Unveils CFA 1,749 Billion Iron Ore Investment Plan to Boost Steel Production and Cut Oil Dependence Iron in Cameroon: the bold XAF 1,749 Billion bet to transform the economy by 2030
Next Article Gabon Secures $350M PPP to Modernize Transgabonais Railway, Boosting Manganese Exports and Industrial Growth Gabon secures $350 million to modernize the transgabonais railway and safeguard 80% of mining exports
- Advertisement -
Popular this month
JUST ENERGY TRANSITION IN SENEGAL
Just energy transition in Senegal : less than 650 billion mobilized out of a 1,640 billion FCFA target
Senegal: Super gasoline now 990 FCFA, diesel 755 FCFA as new prices take effect today
Senegal: fuel prices increased again, after a drop last december
Onions in Senegal: import freeze officially lifted
Onions in Senegal: import freeze officially lifted
Marcelle Monkam Siayojie, the Cameroonian at the Helm of Jumia Morocco
Who is Marcelle Monkam Siayojie: the Cameroonian executive who is Jumia Morocco’s new CEO
Rebar: VAT on Local Products Is Six Times Higher in Senegal Than in Gabon
Rebar: VAT on local products is six times higher in Senegal than in Gabon
Senegal Targets 487 Billion FCFA on UEMOA Securities Market in Q3 2026
Dakar aims to mobilize 487 Billion FCFA in two months on the UEMOA securities market
hejun tour

Recommended

Africa: the five leading countries in solar energy production
Water and Energy

Africa : the five leading countries in solar energy production

The world is conquering clean energy. Africa is no exception. Growing demand for these energy sources is driving market growth…

14 Min Read
Zambia–Zimbabwe: the $5 billion energy gamble with the Batoka Gorge Dam
Water and Energy

Zambia–Zimbabwe: the $5 billion energy gamble with the Batoka Gorge Dam

The project plans to build a 2,400-megawatt (MW) hydroelectric power plant, equivalent to the power of two nuclear reactors. It…

5 Min Read
Renewable energies : Ivory Coast exempts imported products and equipment from taxes
Water and Energy

Renewable energies : Ivory Coast exempts imported products and equipment from taxes

This decree, in application of directive n°02/2022/CM/Uemoa, offers tax and customs exemptions to companies that import, manufacture or use renewable…

3 Min Read
South Africa: New Development Bank invests in 10 renewable energy projects with USD 2.3 billion
Finance

South Africa : New Development Bank invests in 10 renewable energy projects with USD 2.3 billion

These renewable energy projects are expected to result in a total generation capacity of 2.8 GW, which is expected to…

3 Min Read
invest-time
Central Africa
  • Cameroon
  • Central African Republic
  • Gabon
  • Equatorial Guinea
  • Democratic Republic of Congo
  • Republic of Congo
  • Sao Tome-et-Principe
  • Chad
West Africa
  • Benin
  • Burkina Faso
  • Cape-Verde
  • Ivory Coast
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Liberia
  • Mali
  • Niger
  • Nigeria
  • Senegal
  • Sierra Leone
  • Togo
East Africa
  • Burundi
  • Djibouti
  • Eritrea
  • Ethiopia
  • Kenya
  • Ouganda
  • Rwanda
  • Somalia
  • Sudan
  • South Sudan
  • Tanzania
Southern Africa
  • South Africa
  • Angola
  • Botswana
  • Comoros
  • Eswatini
  • Lesotho
  • Madagascar
  • Malawi
  • Maurice
  • Mozambique
  • Namibia
  • Seychelles
  • Zambia
  • Zimbabwe
North Africa
  • Algeria
  • Egypt
  • Libya
  • Morocco
  • Mauritania
  • Middle East
  • Tunisia
Useful links
  • News
  • Contact us
  • Newsletter
  • Monitoring
  • Services
  • Commodities
Others web site of the Group
  • Afrik Shine TV
  • Album Social
  • Sports Team
  • AFrik Shine Medias Group
  • About us
  • Archives
  • Partnership
  • Club Invest For Africa
  • Privacy policy
  • Legal information
  • Cookie Policy
  • Privacy Statement

© 2023 Invest-Time. All rights reserved. By Afrik-Shine Medias Group.

logo invest time logo invest time
Welcome !

Log in

Username or Email Address
Password

Lost your password?

Not a member? Sign Up