Chinese company signed a deal with Ghana to buy 36,000 tons of palm oil, and promise to purchase more if Ghana can produce. The quantity is one eighth of the nation's annul produce of 243,000 tons.Most palm oil producers in Ghana are small, and the deal is promoted by both parties to create more jobs for the local communities.
The deal, however, also includes a provision that China will also export rice and sugar to complement what was produced locally.
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