–Recognizes Asaad Fadel’s Contributions to Liberia’s Economic Development
A prodemocracy institution in Liberia, the Civil Society Network of Liberia (CSNL), has commended Mano Manufacturing Company and its Chief Executive Officer (CEO), Asaad Fadel, for the profound development of a palm oil refinery, which will convert locally produced crude palm oil into RBD olein (Cooking oil) and high-quality derivatives aligned with international standards. The civil society group averred that the establishment of a palm oil refinery for the first time in Liberia’s history by Mano Manufactory Company is a milestone that deserves recognition.
The Civil Society Network of Liberia says it sees the Mano Manufacturing Company’s palm oil refinery as a transformative investment that marks a new era of industrial self-sufficiency and national value creation. Due to be commissioned in November 2025, the refinery will finally take palm oil from seed to bottle. The group said this is a strategic commitment by Fadel to retain value in Liberia, unlike other businessmen who are interested in exporting Liberia’s natural resources in its raw form.
The Civil Society Network of Liberia extolled the renowned businessman and CEO of Mano Manufacturing Company for his continued impactful contributions towards the economic growth and development of Liberia and its people. “This development-minded personality has made tremendous contributions towards the Liberian economy by investing into different sectors of the Liberian society. The development of a palm oil refinery, first of its kind in Liberia, will boost economic development and create jobs for Liberians. We would like to recognize that since the purchase of Sime Darby Plantation Investment in 2019, now known as Mano Palm Oil Plantation, Mr. Asaad Fadel has been committed to making continuous economic contributions to Liberia. The development of a palm oil refinery is of no exception,” the CSNL observed.
Apart from contributing towards the economy through investments in different businesses, like the expected palm oil refinery, the Civil Society Network of Liberia also recognized Fadel for being a sports supporter and devotee.
“Besides the massive support Mano Manufacturing Company (MANCO) is providing to Mighty Barrolle Basketball team, Mr. Asaad Fadel is also the head Coach of the Mighty Barrolle Basketball Team. As a passionate lover of basketball, this charismatic character has brought so much passion and desire to the sport. Despite the wealth he has, his humble behavior of coaching a basketball team has brought so much attraction to the sport. It has also increased the fan- and support-base of Mighty Barrolle,” the group added.
The Civil Society Network of Liberia pointed out that the establishment of a palm oil refinery by Mano Manufacturing Company will have far-reaching positive impacts. The refinery will create hundreds of direct and indirect jobs, strengthen domestic supply chains and reduce dependency on imported edible oils. This will also develop human capital through skill training and career enhancement. The refinery will contribute towards transforming the local community and create access to locally produced refined cooking oil.
The Civil Society Network of Liberia reiterated its commendation of Mano Manufacturing Company for the establishment of a refinery, which will add full economic value to palm oil. It is laudable that palm seeds will not only be cultivated and harvested, but will be converted to cooking oil in Liberia. This internationally acceptable refinery will indeed boost Liberia’s economy, through value addition and employment opportunities.
“We appreciate this laudable venture and encourage Mano Manufacturing Company to continue to add value to the agricultural sector of Liberia, like the establishment of a palm oil refinery,” the group noted.