logoBC
Yaoundé - 28 March 2020 -
Agriculture

Cameroon: 140,000 farmers benefited from the PIDMA since its launch (World Bank)

Cameroon: 140,000 farmers benefited from the PIDMA since its launch (World Bank)
  • Comments   -   Friday, 06 March 2020 13:52

(Business in Cameroon) - From 2014 to date, 140,000 Cameroonians benefited from the agricultural products and services of PIDMA, a scheme set up to improve the productivity and competitiveness of the maize, cassava and sorghum value chains.

This is revealed by the World Bank in an evaluation report it recently published on its website.

The institution reveals that thanks to the scheme, sorghum producers (grouped into cooperatives) increased by 20% on average, their products’ selling price.

For maize producers, the average increase in selling price has been 13%, the World Bank adds.

It also indicates that with the presentation of diversified farming systems to women associations that benefited from the “nutrition” subproject, 4,252 Cameroonian households now produce at least two new types of food. Better still, 35 water points have been set up to provide drinking water to about 35,000 residents.

Let’s note that PIDMA has been funded to the tune of XAF50 billion by the World Bank

S.A.

bowleven-to-hand-back-its-bomono-block-exploration-license-to-cameroon
British oil and Gas company Bowleven plans to hand back its exploration license on the 2,328 km2 Bomono gas block, onshore Cameroon, to Cameroonian...
cameroon-to-raise-xaf45-bln-on-the-public-securities-market-to-fight-the-coronavirus-pandemic
On April 8, 2020, Cameroon will launch the first bond of a series of three on the BEAC money market. According to internal sources at the Ministry of...
cameroon-nexttel-ordered-to-immediately-postpone-implementation-of-new-performance-based-salary-calculation
There is a new development in the case between employees and the general management of Nexttel/Viettel over the new salary calculation method the company...
cameroon-currency-crisis-and-speculation-boosted-the-price-of-bread-and-cereals-in-2019-ins
In a recent analytical note about the Cameroonian consumer market in the 2019 fiscal year, the National Institute of Statistics (INS) reveals the causes...

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