Yaoundé - 27 September 2020 -

Cameroon : Banana exports 1,036 tons up YoY in Dec 2019

Cameroon : Banana exports 1,036 tons up YoY in Dec 2019
  • Comments   -   Wednesday, 08 January 2020 13:20

(Business in Cameroon) - In December 2019, the volume of banana exported by producers reached 16,641 tons, according to figures published by the Banana producers’ association ASSOBACAM. In December 2018, these exports were only 15,605 tons, showing an overall year-on-year increase of 1,036 tons.

In detail, PHP, the local subsidiary of French Compagnie fruitière de Marseille and leader of the Cameroonian banana market, shipped 15,168 tons to international markets last December compared to the 14,343 tons it exported during the same period in 2018 (+825 tons).

As for Boh Plantations Plc, it exported 1,473 tons in December 2019, up by 211 tons compared with the 1,262 tons it exported during the same period in 2018.  

The state-owned agribusiness company Cameroon Development Corporation (CDC), which is bearing the brunt of the socio-political crisis in the Southwest, was still missing in the banana producers' database during that period.

This company, the country's second-largest employer after the public administration, has been at a standstill since September 2018, due to the insecurity created in its plantations by English-speaking separatists. Apart from raping workers, these separatists did not hesitate to set fire to some of CDC’s facilities.

After several months of negotiations within the government institutions, some authorized sources at one point hinted of a resumption of activities at the CDC in Q3, 2019, on an area of about 1,000 hectares for a start. However, nothing has materialized to date as the company needs important financial support to recover from the security crisis.

According to Franklin Ngoni Njie, the general manager of this public agro-industrial unit, the financial support needed is estimated at about XAF29 billion.  “Seven billion is needed in the rubber sector, 14 billion for banana plantations, seven billion for palm groves. The rest should be used to finance salary arrears,” he indicated.

Brice R. Mbodiam

The German company Andritz Hydro is offering to supply equipment for the Nachtigal (420 MW) and Lom Pangar projects, Cameroon’s Ministry of Economy...
Cameroon exported 728.8 million m3 of raw timber in 2019, according to data compiled at the ports of Douala and Kribi. These exports were realized despite...
Eleven (11) commercial banks operating in Cameroon served as intermediaries between cocoa exporters in Cameroon and their foreign buyers during the...
Cameroonian customs stationed in the Southern region seized 145 boxes of contraband wine and whisky. Indeed, on the night of September 21 to 22, 2020,...

Mags frontpage

Business in Cameroon n91: September 2020

Covid-19 Insights from entrepreneurs

Land squabbles between citizens and the government

Investir au Cameroun n101 Septembre 2020

Covid-19 Des entrepreneurs s’expriment

Les populations défendent leur patrimoine foncier