Yaoundé - 20 November 2018 -
Thursday, 08 November 2018 16:37

Cameroon: Cocoa minimum farm gate price reached CFA950 thanks to sector reorganization

Written by
Rate this item
(0 votes)

The Ministry of Commerce is pleased to announce results of the Cocoa and Coffee Internal Marketing Reorganization Project (PA3C) which helped reach a minimum cocoa farm gate price of CFA950 per kg since October 2018 through technical, logistical and repressive measures.

In addition, counselling on the organization of cooperatives and especially the operation of storage stores allow farmers, through the group sales system, to sell more and more at the best price.

Hermann Messi, the PA3C Coordinator, also expressed his satisfaction that the legislation gives prefects and sub-prefects the right to seize and sell, for the benefit of the Treasury, any cocoa sold outside the official circuit.

With the minimum farm gate price, Cameroonian producers are among the best paid in the cocoa sector in Africa. The official prices set in Ghana and Côte d'Ivoire are CFA850 and CFA750 per kilogram of beans respectively.


Read 358 times

1 comment

  • Comment Link Maisie Sunday, 11 November 2018 08:09 posted by Maisie

    I do consider all of the ideas you've presented to
    your post. They're really convincing and will definitely
    work. Still, the posts are too quick for newbies.
    Could you please prolong them a little from next time? Thank you
    for the post.

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Mags frontpage

Business in Cameroon n69: November 2018

Cameroon’s finance sector goes through rapid digitalization

Cashew, a sector with great potential, both for revenues and job creation

Investir au Cameroun n79: Novembre 2018

Le secteur financier camerounais se digitalise à grande vitesse

L’anacarde, un vaste potentiel de revenus et d’emplois