logoBC
Yaoundé - 05 October 2022 -
Agriculture

UCCAO Needs CFAF 46.3 Billion to Increase its Output

M. MEFINJA FOKA François Directeur Général de l'UCCAO M. MEFINJA FOKA François Directeur Général de l'UCCAO
  • Comments   -   Friday, 05 July 2013 08:25

(Business in Cameroon) - UCCAO, an agricultural Cooperative in the West region of Cameroon launched on June 27, 2013 the first phase of its new development plan in Koung-Khi Division.  Spanning over five years (2013-2018), the plan would cost 62.5 billion francs CFA, Cameroon Tribune said last June 28.

According to the state daily, the cooperative wants to increase output of coffee and cocoa, and branch into others areas. Part of the plan is to increase yields in coffee (increasing from 8,000 to 11,500 tons for the Arabica and from 20,000 to 33,000 for Robusta) and cocoa (by opening 2,000 hectares of cocoa plantation).

UCCAO, wants to encourage its members to produce crops like corn, and get into poultry and other forms of farming. According to the cooperative, it would increase the income of the farmers, members of the body.

Of the 62.5 billion CFA needed, 74% will come from a third party, and UCCAO will provide 26%.

Started on October 17, 1958, the Union of Arabica coffee farmers was later named UCCAO in 1978. Among other things, the cooperative processes and packages coffee and markets the grain for its members.

cameroon-exports-improved-by-5-4-yoy-in-q1-2022
The total export volume from Cameroon to the international market grew by 5.4% year-on-year between January and March 2022. The national stats agency...
imported-food-inflation-hovered-around-20-in-yaounde-in-august-2022
Inflation reached 7.4% in Yaoundé, Cameroon’s capital, in August this year, a recent INS report revealed. This rate was driven mainly by imported food...
cameroon-edf-counts-on-the-world-bank-to-finance-the-kikot-dam
Électricité de France (EDF), the company piloting the Kikot dam project on the Sanaga River, is counting on the World Bank to raise the financial...
cameroon-banking-and-communication-activities-supported-service-sector-improvement-in-q1-2022
The service sector in Cameroon performed well during the first three months of 2022, according to the National Institute of Statistics (INS). The...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »