Golden Agri Resources

Southeast Asian palm oil firms like Malaysia's Sime Darby and Singapore's Golden Agri Resources are backpacking to Africa, in what could be the planet’s next trend-setter in inter-continental resource trade.

Industry giants such as Malaysia’s Sime Darby and Singapore’s Olam and Wilmar International are scrambling for fresh space in equatorial Africa.

Singapore-listed Golden Agri Resources said it was “actively evaluating” taking a share in a 220,000-hectare project being offered by the government of President Ellen Johnson-Sirleaf.