Côte d’Ivoire launches US$440M plan to boost palm oil sector over next decade

value chain. The ministry indicated that this roadmap will be structured around five strategic areas of intervention, to which a staggering 61% of the budget will be directed, to improve yields in village plantations, which form the backbone of the country’s palm oil supply. Aging trees, limited access to quality inputs, and outdated farming practices have long constrained output. The initiative will introduce modern agronomic techniques, better seedlings, and tailored support for smallholders to close the yield gap. Additionally, the strategy aims to build a competitive, sustainable, inclusive, and economic growth engine by removing obstacles that could hinder its progress in the coming years. With global markets demanding traceability and eco-friendly practices, the roadmap includes measures to align Côte d’Ivoire’s production with international standards. This includes environmental safeguards, certification programs, and training for farmers on sustainable land use. Financing ...