Intending to cut the deficit in half national and to strengthen agricultural industrialization, the Opalm company invests 68.6 million euros in the construction of five oil factories in palm in Cameroon.

The Cameroonian agricultural society, Opalm, announced the launch of a vast agro-industrial program aimed at the construction of five palm oil production plants over five years, with the aim of declared to reduce the national deficit by around 50%.

The first factory was presented on December 22 2025 in Yaoundé, during an official signing ceremony of several legal documents in the office of the Prime Minister of Cameroon. She will be located in the Nyong-Ekellé department, in the Centre region, according to The magazine Invest in Cameroon. The work should start at the first quarter 2026, for commissioning expected no later than the third quarter 2027. This unit will be the first step in a device industrial sector set to expand into the main production basins of country. The overall cost of the program is estimated at 45 billion CFA francs, or 68.6 percent. millions of euros. Ultimately, the project should generate 450 direct jobs and around 1,200 indirect jobs, mainly in rural areas, in the heart areas where oil palm is grown.

Two investment agreements have been concluded between the company and the Cameroonian authorities as part of the project. La First link Opalm to the Cameroonian State, represented by the ministers of Agriculture, Commerce and Industry. The second was signed with the Investment Promotion Agency (API), in order to allow the project to benefit from the incentives provided by investment legislation private. Beyond the palm oil sector, the project contributes to the development of Implementation of the import-substitution policy defended by the authorities Cameroonians for several years.

The project is part of a context marked by a structural deficit of around 300,000 tonnes of oil palm per year in Cameroon.