(Business in Cameroon) - Franklin Ngoni Njié, the Managing Director of the Cameroon Development Corporation (CDC), is categorical. This agro-industrial unit, ranked 2nd employer in the country behind the State, with some 22,000 employees spread through its plants and oil palm, rubber tree and banana farms in the South-Western region, has to replant "over 50%" of its farms which are now "old", he confided to the Quotidien de l’Economie.

According to the MD of CDC, solving this problem of aging plantations, which "has a negative impact on production and productivity",is one of the major projects the company must tackle to overcome its current difficulties on the one hand, and on the other hand, fulfil the performance contract that CDC is getting ready to sign with the Cameroonian government  

As a reminder, CDC is now wholly-owned by the Cameroonian State, following a presidential decree published on 20 January 2016. The presidential text also broadens the scope of the company which until now was mainly focused on agro-industrial activities to animal farming, thus opening the door for the diversification of CDC's activities, who could soon take advantage of this to counter the gradual decrease in the international prices of some of its products (including rubber and palm oil).

BRM

Lire aussi

22-01-2016 - Cameroun : L’Etat prend le contrôle total de l’agro-industriel CDC et ouvre la voie à la diversification

13-01-2016 - Cameroun : la CDC suspend son activité de commercialisation de la banane hors standard pour 2016