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Yaoundé - 20 September 2017 -
Agriculture

Cameroon: Project for the development of agricultural value chains trying to appeal to producers in the Eastern region

Cameroon: Project for the development of agricultural value chains trying to appeal to producers in the Eastern region
  • Comments   -   Monday, 11 September 2017 06:51

(Business in Cameroon) - The management of the Project for the Development of Agricultural Value Chains (PD-CVA, Projet de Développement des chaines de valeur agricoles) has just visited the agricultural region of Eastern Cameroon to generate interest among local farmers for this government project, meant to develop the plantain, pineapple and palm oil sectors.

Officially launched on 24 April 2017 in Yaoundé, the Cameroonian capital, this project is implemented in the Central, Littoral, South-Western and Eastern regions. With a global budget of FCfa 75 billion, PD-CVA received 77% of its funding from the African Development Bank and 21.5% from the State of Cameroon.

This project, which consists in providing financial and technical support to farmer organisations and other youth interested in agribusiness, is planning, over a period of 5 years, to boost the increase in production of oil palm bunches by 216,000 tons (for 17,500 tons of palm oil), against 240,000 tons for plantain and 10,000 tons for pineapple.

BRM

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