What is Palm Oil?
Palm oil is a type of edible vegetable oil that is derived from the palm fruit, grown on the African oil palm tree. Palm oil can be present in a wide variety of products and soups, including baked goods etc. On a much lighter note, for those that don't know, palm oil is the red in your soups and local delicacies. 
Palm oil is basically food for the average hungry man but for a business mind, it's so much more.
Palm Oil Production Business in African countries is one of the entrepreneurial ones that can yield maximum profit at the end of the Business period (3-4 months at least).
Entrepreneurs make effective use of palm resources to fetch and boom their bank accounts. In Nigeria, a lot of people have become millionaires or made their first millions through this business and this includes people like Orji Uzor Kalu(ex governor of Abia state).
All it takes is too carry out a good market survey, get the locations, get your suppliers, have enough capital and business plan. Importation and exportation of palm oil to countries will obviously yield enough profit for business expansion.
So you can now see that the red is your soups can be the notes in your bank account, it's all depends on where you come from.
Watch out for my next post where I'll talk about the oiliness of palm oil (sounds stupid, right?) Anticipate!
References:
marcuyai
Mybusinessdayonline.com
Google photos