logoBC
Yaoundé - 29 November 2023 -
Agriculture

Cameroon: Delifood to pump CFA4bn into a tomato processing plant

Cameroon: Delifood to pump CFA4bn into a tomato processing plant
  • Comments   -   Thursday, 10 November 2022 17:30

(Business in Cameroon) - Cameroonian company Delifood Agroindustries Sarl announced it will invest CFA4 billion to build a tomato processing plant in Douala, the economic capital. Under this plan, the company has signed a deal with the SME Promotion Agency (APME) to benefit from tax and customs incentives.

According to the DG of APME, Marie Louis Badga, this initiative will provide households with canned tomatoes, while bringing some stability to the local tomato sector. “Tomato prices are sometimes high but other times, they are so low that producers find it difficult to get by.”

The factory will have a production capacity of 5,400 metric tons of canned tomatoes per year, in the first phase of the project, with a projection of 150 direct jobs.

BRM

cameroon-cncc-and-apme-equip-150-agri-food-smes-in-douala
The National Council of Shippers of Cameroon (CNCC) and the Agency for the Promotion of Small and Medium-sized Enterprises (APME) provided equipment to...
cameroon-grapples-with-persistent-inflation-at-7-7-double-the-regional-tolerance-limit
Cameroon’s national stats agency INS issued a report indicating that the country’s average annual inflation rate in October 2023 reached 7.7%. Although...
customs-resume-goods-auctions-at-the-port-of-kribi-after-a-two-year-break
An auction of goods will be held at the port of Kribi on December 8, according to a November 21 press release signed by Norbert Belinga, head of customs...
cameroon-s-stakeholders-finalize-creation-of-cotton-interprofession
From November 23 to 26, 2023, stakeholders in the cotton sector, including the Cotton Development Company (Sodecoton), the National Confederation of...

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 »