High premium was placed by the pharaohs of ancient Egypt as a sacred food. Today, medical doctors have recognized the value of red palm oil in the treatment and prevention of malnutrition and vitamin deficiency diseases. Is a traditional fat that has been a part of the human diet for hundreds of years various studies have pointed out numerous benefits of red palm oil to the immune system.
Oil palm has been an important cash and export crop. Production has rebounded in Sierra Leone since the end of the 11 years hostility in the country, despite the fact that Government plantations are badly neglected, comprising mainly of aged, low yielding trees. The small-scale traditional system relies mainly on wild plants for production.
Irrespective of the numerous foreign Corporate Actors and Investors that have flooded in to Sierra Leone to invest in Oil Palm, not all of the Local Oil Palm plantation and land owners have given in to these investors to either lease, sell their lands and Plantations altogether. There are opportunities on investment in oil palm estates and in the production of palm oil for domestic production and export.
Palm Oil is now assuming greater significance with the development of more uses and emergence of more buyers of this product. Palm Oil, which was mainly used for consumption and soap making, is now assuming greater importance for the production of bio fuel. Potential investors have made approaches to the government and the private sector to explore the possibility of developing large plantations for bio fuel production.