(Business in Cameroon) - Cameroon’s government in the framework of its AGROPOLES project which aims at creating income-generating activities in rural areas, launched in Foumbot in the Western region, a peer-production agropole, credible sources reveal. Foumbot will therefore supply the avocado oil factory which is under construction in Mbouda.
With this project which has been valued at 678 million FCFA (out of which 260 million FCFA coming from the AGROPOLES project), 34 producers from this community plan to establish, starting from 2016, about 369 acres of plantations of an improved variety of peer.
These new plantations, once production begins, should yield 5,000 tons of peer yearly against the 1,500 tons presently produced. Asides supplying the Mbouda avocado oil factory, Foumbot’s peer agropole should, according to investors, generate around 550 jobs.