Agripalma

The flourishing palm groves of Agripalma are the only industrial oil palm plantations in the Republic of São Tomé and Príncipe.

The flourishing palm groves of Agripalma are the only industrial oil palm plantations in the Republic of São Tomé and Príncipe.

Given the huge need for palm oil to meet local market demand, the São Toméan government has decided to introduce investment policies to attract agro-industrial investors. In 2009, São Tomé and the Socfin Group concluded an agreement for the creation of Agripalma, a concession of just under 5 000 hectares in the south of the island to be used for industrial oil palm cultivation.

A maximum of 60% of the area of the 4 917 hectares concession is devoted to oil palm plantations. Today, 2 210 hectares of palm groves have been planted and the factory – soon to be constructed – will become productive in 2018.

Today, Agripalma is a major economic player on the island, and is expected ultimately to become the largest employer in São Tomé and Príncipe.


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