logoBC
Yaoundé - 09 August 2020 -
Agriculture

Swiss Tree Global to implement an industrial high-yield nursery system in Cameroon

Swiss Tree Global to implement an industrial high-yield nursery system in Cameroon
  • Comments   -   Thursday, 18 April 2019 15:42

(Business in Cameroon) - Cameroonian economy minister, Alamine Ousmane Mey signed, on April 17 in Yaoundé, a MoU with the Managing Director of Swiss company Tree Global, Gregory Hess, to set up an industrial system of high-yield nurseries in Cameroon.

The project which aims to increase the supply of quality seeds is an early step for the modernization and revival of agricultural production in Cameroon. It is welcomed by the minister who sees it as an opportunity to level up Cameroonian production. Mr Alamine Ousmane Mey says current certified seed production is insufficient to meet national demand, implying the country is obliged to resort to import. This means widened trade deficit. According to estimates by the Ministry of Agriculture, Cameroon's current seed needs are valued at more than XAF200 billion.

Let’s note that Tree Global presented its offer to the Cameroonian government in 2018 and set up the Cameroon Seedling Company to ease project implementation. The company’s mission is to produce 50 million seeds per year through a highly efficient plant nursery system.

S.A

chanas-assurance-s-a-posts-xaf683-4-mln-net-profit-for-2019-up-by-16-2-yoy
Cameroonian insurance company Chanas Assurances, majority-owned by National Hydrocaborns company SNH, informs that it recorded XAF683.4 million of net...
africa-food-manufacture-to-invest-xaf13-bln-in-the-construction-of-cameroon-s-first-durum-flour-mill
On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
snh-estimates-its-stored-oil-data-at-over-xaf10-000-billion
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
cameroon-saves-close-to-xaf11-mln-monthly-after-adjusting-the-salary-of-4-490-health-personnel
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...

Mags frontpage


Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon


Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”


Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns


Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »