(Business in Cameroon) - Official sources revealed that the scheme to enhance the competitivity of family-run farms (Programme d’amélioration de la compétitivité des exploitations familiales agropastorales- ACEFA) delivered checks to 45 farmers organizations in Adamaoua in South-Cameroon. The checks amount to CFA126 million.

The facility falls within the framework of the 2^nd phase of ACEFA which aims to support projects by farmers in order to enhance their productivity and revenues.

The program is financed with funds from C2D which is the result of the cancellation of bilateral debt owed to France. This cancellation took place after Cameroon reach the completion point of the Highly Indebted Poor Countries (HIPC) in 2006.

As a matter of fact, HIPC was initiated in 1996 by IMF to relieve the multilateral and bilateral debts of some developing countries.

BRM