The fundamental principles that have guided Socapalm since its privatization in 2000 are a commitment to offer, through its activities, a value chain that can respond to the various economic, social and environmental challenges: meeting the domestic needs for vegetable oil and quality products, implementing cutting-edge technologies, offering attractive working conditions to attract and retain talent, investing in social and environmental programs with its local communities, and integrity, which guarantees consistency, transparency and encouragement of social dialogue. Socapalm’s turnover amounted to K CFAF 84 620 196 or K Euros 129 003 in 2023.
- Palm oil:
Palm oil has always been an integral part of the Cameroonian diet. It is particularly appreciated in traditional dishes, and this is all the truer given the upsurge in oil palm farms in the villages by private planters.
- Rubber cultivation or natural rubber:
Natural rubber is a renewable raw material with many advantages. Rubber trees are also a considerable carbon sink. Natural rubber production has two major advantages:
- it provides a permanent income throughout the year,
- it does not deteriorate over time: an important factor when means of transport or sales opportunities are not immediate.
Socapalm started diversifying into rubber cultivation in 2006.
- A few figures:
Cameroon’s population is estimated at 30.14 million (2023)
Land area: 475 442 km2
HDI: 0.587 (151st world ranking – 2022)
Density: 63 habitants/km2
- Socapalm data sheet (2023):
Founded: 1968 – Privatization: 2000
6 sites: Dibombari, Mbongo, Mbambou, Eséka, Edéa and Kienké
6 palm oil mills ISO 14001:2015 certified
6 RSPO-certified palm oil mills
Total concession: 58 063 ha
Area of oil palm plantations: 32 433 ha
Area of rubber plantations: 1 936 ha
Crude palm oil production: 138 783 tons
Agricultural rubber production: 2 499 tons
Staff: 8 369 employees, all work types combined
11 555 children attend Socapalm schools
32 villages
9 medical centers and outposts supervised by 6 doctors, 33 nurses and 19 other medical staff