logoBC
Yaoundé - 02 April 2020 -
Agriculture

Cameroon : Banana exports down 535 tons YoY in Jan 2020

Cameroon : Banana exports down 535 tons YoY in Jan 2020
  • Comments   -   Wednesday, 05 February 2020 13:00

(Business in Cameroon) - In Cameroon, the two active banana exporters were less dynamic in January 2020. Compared to the country’s banana exports in January 2019, the January 2020 exports are down by 535 tons. 

According to statistics compiled by the banana producers association Assobacam, banana exports as of January 31, 2020, peaked at 20,962 tons, compared to 21,497 tonnes at end January 2019.

This decline reflects the slowdown of the activity of the two main operators on this market. In detail, exports by PHP, the local subsidiary of French Compagnie fruitière de Marseille, fell by 477 tons, from 19,730 tons in January 2019 to only 19,253 tons in January 2020.

As for Boh Plantations, which has become number 2 in the market after CDC disappeared from the exporters' registry in September 2018, its banana exports were 1,709 tons in January 2020, compared to 1,767 tons during the same period last year. This shows a 58 tons year-on-year decline. 

Brice R. Mbodiam

cameroon-launches-campaign-for-its-xaf220-bln-fundraising-operation
Today April 1st, Cameroon launched a campaign for its XAF220 billion fundraising operation via bond issuance. On various media, the Ministry of Finance,...
external-debt-cancellation-cameroon-could-be-relieved-of-xaf6-650-bln-of-debt
At the end of the 3rd extraordinary meeting of the steering committee of the CEMAC Economic and Financial Reforms Programme (Pref-Cemac), CEMAC Ministers...
cameroon-targets-98-financial-inclusion-with-the-national-payment-switch
Substantially increase financial inclusion from the current 40% to 98%, which is the mobile penetration rate in Cameroon. This is one of the objectives of...
covid-19-cemac-countries-invited-to-postpone-implementation-of-any-new-corporate-taxation-measure-to-2021
The Ministers of Finance and Economy of the CEMAC region discussed the "economic and financial impacts of Covid-19 on CEMAC's economies and outline of...

Mags frontpage


Business in Cameroon n85: March 2020

Minim Martap«It might be the best bauxite ever at the moment»


The necessary reform of Cameroonian public firms


Investir au Cameroun n95 Mars 2020

Minim Martap« Peut-être la meilleure bauxite au monde à ce jour »


La nécessaire réforme des entreprises publiques camerounaises