Oil palm specialist Raedial Farms announced on its Instagram account that it had signed a partnership agreement with Compagnie Fruitière on Thursday, November 23 during the French Week 2023 Business Forum held in Lagos, Nigeria.

This partnership will enable Raedial Farms Limited to diversify its agricultural activities with planting, growing, harvesting, and processing pineapples and bananas for export.

Didier Mas, Technical Director Africa at Compagnie Fruitière; Olivier Becht, Minister Delegate to the Minister of Europe and Foreign Affairs, in charge of Foreign Trade, Attractiveness, and the French Abroad; and Uwadiale Agenmonmen, Managing Director of Raedial Farms Limited during the signing of the partnership agreement between Raedial Farms Limited and Compagnie Fruitière at the French Week 2023 Business Forum / Screenshot Raedial Farms Instagram

Raedial Farms said on its Instagram account, "having officially signed a partnership agreement with Compagnie Fruitière, a French company that sells over 900,000 tons of fruit and vegetables to European markets and which is a major fruit producer in the Africa-Caribbean-Pacific region.

Through this partnership, Raedial Farms Limited will diversify its activities from a fully-fledged oil palm farm on over 2,000 acres of land and livestock products to producing fruit for export."