Feronia Inc., trading on the OTC Markets under the symbol FRNFF, is an agro-industrial company that operates large-scale oil palm plantations in the Democratic Republic of Congo (DRC). Established in 2009 and formerly listed on the Toronto Stock Exchange, Feronia acquired palm oil producer Plantations et Huileries du Congo (PHC) in 2013, consolidating its position in the Central African oil palm sector. The company’s primary activities include cultivation, harvesting and processing of fresh fruit bunches into crude palm oil and palm kernel oil at its four estates in the Équateur province.
Feronia’s plantations—Boteka, Lokutu, Yaligimba and Huileries Plantations du Congo (HOPC)—collectively cover over 170,000 hectares, of which roughly 60,000 hectares are under oil palm cultivation. The company manages its estates according to sustainability standards, including adherence to Roundtable on Sustainable Palm Oil (RSPO) principles and local environmental regulations. Value-added processing takes place at on-site mills, where crude products are refined or sold in bulk for export to international markets in Europe and Asia.
Beyond its core production, Feronia is committed to generating socio-economic benefits for surrounding communities. Through smallholder outgrower programs, the company provides seedlings, technical assistance and training to local farmers, enabling broader participation in the oil palm value chain. Community health and education initiatives are also implemented in partnership with non-governmental organizations, aiming to improve living conditions and foster rural development across plantation regions.
Feronia’s leadership team comprises professionals with extensive experience in agricultural development and emerging-market operations. The board of directors oversees strategic planning, while on-site managers and agronomists coordinate day-to-day cultivation, harvesting and milling activities. As part of its long-term vision, Feronia continues to explore opportunities for increasing yield efficiencies and expanding its processing footprint, positioning itself as a key player in the DRC’s agro-industrial landscape.
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