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Agriculture

Cameroun launches public-private partnership platform in cocoa and coffee sectors

Cameroun launches public-private partnership platform in cocoa and coffee sectors
  • Comments   -   Thursday, 15 January 2015 17:06

(Business in Cameroon) - On January 9, 2015, the first cocoa and coffee public-private partnership meeting was held. The launch of these activities, which were suggested by the International Cocoa Organisation in 2012 and implemented in Cameroon in July 2014, is a part of the effort to restart Cameroon’s cocoa and coffee sectors adopted in September 30, 2014. The five year plan needs 600 billion FCFA in financing.

Those in attendance at the Douala meeting have already been informed about a similar platform set up in Cote d’Ivoire, the world leader in cocoa production, which set a new production record in the 2013-2014 season, harvesting over 1.7 million tonnes of beans. This achievement is far beyond Cameroon’s aspirations where there is hope to produce only 600,000 tonnes of cocoa beans by 2020.

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