logoBC
Yaoundé - 25 May 2020 -
Agriculture

The EU provides XAF1.6 mln grant to improve the production of Penja pepper and facilitate its access to international markets

The EU provides XAF1.6 mln grant to improve the production of Penja pepper and facilitate its access to international markets
  • Comments   -   Monday, 04 May 2020 10:31

(Business in Cameroon) - To improve the production of the Penja pepper and facilitate its access to international markets, the European Union (EU) representation in Yaoundé will support a development project led by Coleacp (Liaison Committee Europe-Africa-Caribbean-Pacific) with €720,000 (about XAF471.6 million).

"To meet the sanitary and phytosanitary challenges in a sustainable framework that respects traditional know-how, the Geographical Indication of Penja Pepper (IGPP) has obtained, thanks to the technical support of the Cameroon Chamber of Commerce, Industry, Mines and Handicrafts, a grant from the Standards and Trade Development Fund (STDF) (...). The STDF and its partners selected Coleacp to implement the project [until 2022]," says the project’s term sheet.

Penja pepper, considered one of the best peppers in the world, is the first protected geographical indication (PGI) in sub-Saharan Africa. It is grown in the Njombé-Penja area (the country's coastal region) and is a major source of rural employment.

With the completion of its labeling process in 2018, the price per kilogram of Penja pepper has risen from XAF2,500 to XAF14,000. However, for producers, its production is gradually turning into a nightmare because of pests that have taken over the land in the locality of Penja.

S.A.

medicis-sarl-to-invest-about-xaf6-bln-in-the-construction-of-a-haemodialysis-centre-in-cameroon
Medicis Sarl plans to invest XAF5.7 billion for the construction of a haemodialysis centre in Cameroon. To encourage and facilitate the realization of...
electronic-tolls-cameroon-finally-signs-a-construction-contract-with-razel-bec-egis-project-consortium
On 18 May 2020, the Cameroonian government finally signed a contract for the construction of the country's first 14 electronic toll booths with the...
no-microfinance-institution-operating-in-cameroon-published-their-tariff-conditions-in-h1-2019-as-the-regulation-requires-beac-study
The Bank of Central African States (Beac) recently published a study titled: “Publication des conditions tarifaires par les banques au Cameroun :...
cameroon-transit-fees-collected-on-chad-cameroon-pipeline-surged-by-24-32-to-xaf36-59-bln-in-2019-snh
In 2019, Cameroon generated XAF36.59 billion (+24.32%) of transit revenues on the Chad-Cameroon pipeline, according to figures recently published by the...

Mags frontpage


Business in Cameroon n87: May 2020

Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration


«Central Africa is facing enormous challenges» - AfDB


Investir au Cameroun n97 Mai 2020

Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration


« L’Afrique centrale est confrontée à d’énormes défis » (BAD)