Feronia is an agribusiness operating in the DRC which consists of three oil palm plantations, the first of which was established in 1911. Feronia’s primary objective when it acquired its palm oil business in 2009 was to save the plantations from the brink of extinction. Today, after years of substantial investment, the future of the business is secure and we are working to make a meaningful and long-term contribution to the future of the DRC.
Plantation agriculture is a labour-intensive business that is dependent on a highly skilled and motivated workforce. Feronia is a key employer in the regions in which it operates and the largest non-governmental employer in the country.
At the heart of Feronia lie three oil palm plantations - Lokutu, Yaligimba and Boteka – collectively known as Plantations et Huileries du Congo SA (or more simply PHC).
The operating environment in DRC is challenging. Businesses must deal with the day-to-day realities of an economy and society ravaged by years of conflict and underinvestment. The poor state of infrastructure in the country, particularly in the regions in which we operate, creates additional challenges.