Camfood enters Cameroon’s dairy market

Agriculture

Camfood enters Cameroon’s dairy market

Comments

- Thursday, 18 June 2015 17:58

(Business in Cameroon) - With an initial capital of 50 million FCFA and led by Elsahely Nesrallah, Camfood made its dairy market debut in Douala in March 2015.

Apart from the production, sale and distribution of dairy products, Camfood will also be developing its activities in the production and sale of carbonated beverages, natural juices and mineral water.

Cameroon’s dairy market seems to be attracting more and more investors. Simco plans to invest one billion FCFA to create a dairy production plant. But, for the time being, the market is largely dominated by Camlait, which has just increased its capital to 3.3 billion FCFA.

Follow @investcameroun

Cameroon's red cocoa nears labeling as OAPI awaits coloration analysis

The Cameroon red cocoa, listed in 2019 as a product eligible for geographical indication (GI), has progressed towards labeling by the African Intellectual...

Cameroon poultry expo revives focus on industry transformation

The 2024 edition of the Yaoundé International Poultry Exhibition (Savi) kicked off on April 23 at the Congress Palace. The event organized by the Cameroon...

Beac's bond auction meets success in inflation combat efforts

On April 22, the Central African Central Bank (Beac) concluded a successful 14-week bond issuance worth CFA50 billion. This move, offering a 2.5% interest...

Cameroun delays bond sale amid regional market strain

The Cameroon government has postponed its planned 2024 bond sale, originally slated for April, due to market saturation caused by Gabon and the Central...