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Agriculture

Cameroon: Tayap agricultural project could one day be expanded to Central Africa

Cameroon: Tayap agricultural project could one day be expanded to Central Africa
  • Comments   -   Saturday, 14 March 2015 03:23

(Business in Cameroon) - In 2009, agricultural entrepreneurial Adeline Flore Ngo Samnick and some colleagues decided to launch their project based on ecological, ecotourism and solidarity microfinance.

“Organic fruit trees and staples were planted on 60 hectares. In parallel, guest homes have been created and eco-friendly cottages are under construction, adding economic value to the village’s cultural and natural heritage,” she explains in the French newspaper 20 Minutes before adding that a community savings and loans establishment was put in place to finance women’s initiatives in that district.

With the results it has had and the international recognition it has received, the project will hopefully be replicated in other Central African countries. Last February, it won the Climate Challenge competition launched by the French Development Agency (AFD in French) and the Agricultural Research Centre for International Development (CIRAD in French). This initiative’s first success perhaps promises a that a greater destiny lies ahead.

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The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...
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In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....
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Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...
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The African Development Bank (AfDB) reports that 56.5% of its portfolio in Cameroon is dedicated to financing transportation infrastructure. Among the...

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