May 24, 2012/
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US agribusiness conglomerate Cargill plans to invest up to US$390 million in a 50,000-hectare oil palm plantation in Cameroon, an official at the Central African nation’s investment agency said on state radio. Yaoundé — Cameroon is inviting foreign companies to expand lucrative palm plantations, pitting the country’s need for economic development against environmentalists who foresee the loss of important forests. Since 2009 this West African country has witnessed a sharp rise in…
