Coconut-Avocado Oil Extraction Facility - National Investment Commission
Agriculture
Information
Company Description
The National Investment Commission (NIC) is the Government of Liberia agency responsible for investment promotion, generation, and facilitation. It was established by the Legislature on September 6, 1979, and amended in 2010, with the mandate to promote Liberia’s investment opportunities; attract and support the growth of value-added foreign direct investments (FDIs), and advocate for and strengthen the domestic private sector.
Countries of Operation
Liberia
Ownership of Company: Local Company
Number of years since incorporated
65
Project Pitch
The Coconut and Avocado Oil Extraction Facility - The Coconut and Avocado Oil Extraction Facility in southeastern Liberia is a $30 million agro-industrial venture designed to produce high-quality edible and cosmetic-grade oils for regional and international markets. Situated near the Buchanan Special Economic Zone, the project leverages Liberia’s coastal agro-ecology, low production costs, and favorable investment incentives to build a competitive processing base for two rapidly expanding global markets. The business model integrates large-scale cultivation with community-based outgrower schemes covering 10,000 hectares of avocado and approximately two million coconut trees. Revenue is generated through dual product lines—high-volume coconut oil and premium-priced avocado oil—ensuring both stability and margin optimization. Operationally, the facility includes a 15,000 MT-per-year extraction plant, supported by warehousing, cold storage, quality testing, and solar-powered utilities. Supply continuity is secured through contract farming, while export logistics benefit from proximity to port infrastructure. The project’s cost-efficient structure, local workforce engagement, and sustainability measures provide a foundation for steady growth, predictable cash flow, and long-term profitability. Once operational, the facility is expected to generate over 13,000 jobs, support 5,000 farmers, and produce USD 10 million in annual exports, positioning Liberia as an emerging hub for value-added agricultural processing in West Africa.
Team
Information not provided
Type of Project
Governmental/Institutional project
Stage
Concept stage
Annual Revenue (in EUR)
50.000 - 100.000 EUR
Number of employees
51-100
Total Project Cost (in EUR)
25.800.000 EUR
Financing needs (in EUR)
25.800.000 EUR
Type of financing needed
Equity
The Company is looking for:
Financing; Joint Venture/Partnership;
Planned allocation of fundraising capital
Greenfield (new activity for the company)