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The joint venture by Wilmar, Josovina Commodities and Bidco Africa Ltd is establishing its second palm oil project on Buvuma Island and targets to have 1,000ha under trees this year and 5,000ha in four years
Food Business Africa | 9 March 2021
Edible oil processor Bidco Uganda undertakes second palm oil production project to boost output
UGANDA – Bidco Uganda Limited, Uganda’s leading producer of edible oil and the only company that owns and operates palm oil plantation in East Africa, is seeking to double its output to 80,000 tons.
BUL, jointly owned by Wilmar International, Josovina Commodities Pte Ltd. of Singapore and Bidco Africa Ltd. of Kenya, is already producing as much as 40,000 tons of palm oil from its Bugala island estate on Lake Victoria, reports Bloomberg.