Yaoundé - 19 January 2020 -

Cameroon: Banana exports recorded 2,200 tons YoY decrease in August 2019

Cameroon: Banana exports recorded 2,200 tons YoY decrease in August 2019
  • Comments   -   Tuesday, 17 September 2019 12:39

(Business in Cameroon) - In August 2019, the two banana producers still operating in Cameroon (PHP and Boh Plantations) exported 12,692 tons of the product. Compared with the 14,913 tons exported during the same period in 2018, this represents a decrease by 2,221 tons.

This decrease is mainly due to the shutdown of Cameroon Development Corporation (CDC)’s activities caused by the socio-political crisis in the two anglophone regions.  

In August 2018, CDC was able to export 1,488 tons of banana before disappearing from the banana exporters registry in September 2018.

The comparative decrease in banana exports in August 2019 can also be explained by the decrease in the exports of Plantations du Haut Penja (PHP), the local subsidiary of French group Compagnie fruitière de Marseille.

According to figures published by the local banana growers association Assobacam, PHP being the leader of the market exported 11,521 tons of the product during the period under review. Compared with the 12,261 tons it exported in August 2018, this is a decrease of 740 tons in its exports.  

During the period under review, Boh Plantations exported 1,171 tons, a bit more than the 1,164 tons it exported a year earlier.

Brice R. Mbodiam

Currently (January 2020), the active portfolio of the Kuwait Fund in Cameroon includes three projects for an amount of US$35.5 million, or about XAF20...
Since December 31, 2019, the farm-gate price per kilogram of cocoa beans in Cameroon's production basins has declined slightly from a high of XAF1,250 to...
Reading through the circular that sets the framework for the implementation of the 2020 Finance bill, it appears that Cameroonian administrations must...
During the 2019 holiday season, the ponds created in Cameroon with the support of the Agropoles project helped provide 50 tons of fish to the...

Mags frontpage

Business in Cameroon n82-83: December 2019-January 2020

CFA: The debate is open in the CEMAC

Cameroon becomes CEMAC’s financial center

Investir au Cameroun n92-93: Decembre 2019-Janvier 2020

Franc CFA : le débat est ouvert en zone CEMAC

Le Cameroun devient la place financière de la CEMAC