Yaoundé - 08 July 2020 -

Cameroon: Banana exports down 4,000 tons YoY in May 2020

Cameroon: Banana exports down 4,000 tons YoY in May 2020
  • Comments   -   Thursday, 04 June 2020 14:00

(Business in Cameroon) - In May 2020, Cameroon’s banana exports took another nosedive after a disappointing first quarter (over 13,000 tons drop in exports), and a revival of activity in April 2020 (increase, by more than 2,700 tons,  in exports).

According to figures compiled by the banana exporters’ association Assobacam (Association bananière du Cameroun), the volume of banana exported by the country in May 2020 was  11,872 tons. Compared with the 16,135 tons it exported in May 2019, this represents a drop of 4,263 tons.

With a drop of 3,844 tons in its exports in May 2020, plantations du Haut Penja (PHP), the local subsidiary of Compagnie fruitière, has been the main reason for the decline in the local banana market during May.

According to the figures from Assobacam, the leader of Cameroon’s banana market exported only 10,795 tons of banana in May 2020, compared to 14,639 tons during the same period in 2019. This reveals a gap of  3,844 tons.

For Boh Plantations, the minnow of the market, it saw its exports fall from 1,496 tons in May 2019 to only 1,077 tons a year later ( a drop of 419 tons).

 Brice R. Mbodiam

The financial statements of Cameroon’s Telecommunications Regulatory Board (ART) reveal a deficit of CFAF 2.2 billion at the end of the financial year...
On July 1, 2020, Afriland First Bank Democratic Congo (CD), one of the eleven subsidiaries of the banking group founded by Cameroonian billionaire Paul K....
To combat unemployment, the Cameroonian government intends to create 100,000 jobs over the 2020-2025 period. To achieve this, the government plans to...
In Cameroon, transit time was reduced from 40 to 5 days by the end of Q1-2020 thanks to digitalization and telecommuting, according to the single window...

Mags frontpage

Business in Cameroon n88: June 2020

Covid 19 Its impacts so far

Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»

Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts

Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »