logoBC
Yaoundé - 29 March 2024 -
Agriculture

FCfa 128 million of financing for small farmers in the region of South Cameroon

FCfa 128 million of financing for small farmers in the region of South Cameroon
  • Comments   -   Thursday, 13 July 2017 17:07

(Business in Cameroon) - Within the framework of the Programme for the Improvement of Competitiveness of Family Agro-Pastoral Farms (Programme de la Compétitivité des Exploitations Familiales Agropastorales - ACEFA), 17 farm organisations in the South region of Cameroon have just benefited from financing totalling FCfa 128 million, we learned officially. According to the operating rules of this government programme, financial support lies between FCfa 500,000 and 6 million for beneficiary producer groupings, and between FCfa 5 million and FCfa 30 million for professional organisations.

Financed by the fund C2D, the ACEFA programme, co-piloted by the Ministry of Agriculture and that of Animal Husbandry, aims to "increase the revenues of family farmers by improving the competitiveness of their farms". The 2nd phase of this programme, currently being implemented in the country, plans to finance 5,200 projects in total, for an overall envelope of FCfa 23 million.

BRM

eu-pledges-over-cfa12bn-for-entrepreneurship-and-electricity-access-support-in-cameroon
The EU agreed to disburse over CFA12 billion to support growth-driven projects in Cameroon. The two related deals were signed in Yaoundé on March 26...
central-africa-set-for-highest-economic-growth-in-a-decade-amid-inflation-concerns
Growth within the Cemac region is expected to peak at 3.6% this year, according to the estimates of Beac’s Monetary Policy Committee (MPC), which met on...
mtn-cameroon-sees-record-growth-with-cfa325-7bn-revenue-in-2023-amid-market-challenges
MTN Cameroon reported a robust revenue of CFA325.7 billion for 2023. According to data released on the Johannesburg Stock Exchange in South Africa, this...
cameroon-s-customs-enforces-air-cargo-regulations-threatens-fines-for-non-compliance
Edwin Fongod Nuvaga, the Director-General of Customs in Cameroon, has issued a reminder to airlines about their obligations to comply with standard...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »