• What is edible oil industry in Benin?
  • Being consumed by humans and the food processing industry, edible oil is widely known to contain low fats, calories, and cholesterol. Some of the major dynamics of the edible oil industry in Benin include: The edible oil market is segmented based on type, package, distribution channel, and end-users.
  • How much palm oil does Benin produce a year?
  • Above all, the annual palm oil production has exceeded from 31,000 tons in 1961 to 460,000 metric tons in 2021, average growth of 5% every year. Arise IIP, backed by two shareholders, AFC and OLAM, aims to make Benin Africa¡¯s leading producer and exporter of agricultural products.
  • Why is Benin a hub for palm oil production?
  • From mechanized processing techniques that allow lower cost prices to a larger production of bulk sales that attract more retailers, Benin has become a hub for mass palm oil manufacturing base. Above all, the annual palm oil production has exceeded from 31,000 tons in 1961 to 460,000 metric tons in 2021, average growth of 5% every year.
  • Why does Benin need more exports?
  • The Government of Benin (GOB) when exports more, can decrease the nation¡¯s deficit and buy more from the international markets. To increase livelihoods, farmers need to invest efforts to produce more edible oils, crops, and poultry products.
  • Why is commercial farming important in Benin?
  • Benin being the mass producer of commercial crops like cassava, maize, yam, cotton, palm oil, and coffee accounting for a significant percentage of Benin¡¯s foreign exchange earnings, the commercial farming contributions plays a vital role in alleviating its economic growth.
  • Why should you start a business in Benin?
  • To increase livelihoods, farmers need to invest efforts to produce more edible oils, crops, and poultry products. Entrepreneurs find Benin to be a stimulating environment with its economic growth developed dramatically in recent years. So, if you are planning to start a business in Benin, now is the perfect time.