• betting on palm oil-world bank group in Tanzania
  • betting on palm oil-world bank group in Tanzania
  • betting on palm oil-world bank group in Tanzania
  • betting on palm oil-world bank group in Tanzania
  • How can the World Bank engage the palm oil sector?
  • With these conditions, the palm oil sector can play an important role to economic development and poverty reduction. By engaging it, the World Bank can make a positive contribution. The World Bank Group has adopted the World Bank Group Framework and IFC Strategy to guide future engagement in the global palm oil sector.
  • Can palm oil value chain development help alleviate poverty in Kigoma?
  • In Kigoma there are over 30,000 smallholder subsistence palm oil farmers2. Meanwhile, the country imports over 500,000 MT of palm oil per annum. Thus, palm oil value chain development offers great potential for both import substitution and poverty alleviation.
  • Should a palm oil plant be built in Kisarawe?
  • A palm oil production facility is also slated for construction in Kisarawe. Since 2006, some organizations have voiced concern about using sizable chunks of valuable arable land, which covers less than 17 percent of Tanzania’s total area, for biofuels instead of food.
  • How many litres of oil a year does a palm plant produce?
  • Similar low productivity levels have been reported for oil palm in Kigoma and Mbeya, whereby under current farming conditions one Dura plant yields 7-8 litres of palm oil/year; and, a plant of Tenera yields 28 litres/year. As for avocados, there is no single company in Tanzania which processes avocados to produce edible oils.
  • How many hectares of oil palm will go plant by 2020?
  • According to the company’s web page its aim is to establish ‘a 20,000 ha oil palm plantation by 2020’. AGO current annual planting is 800 ha which had the aim of reaching 2,500 ha by 2013. AGO had already acquired 5,000 ha and planted 435ha by 31st May 2009.