logoBC
Yaoundé - 31 May 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

the-wood-sector-requests-support-to-tackle-the-twin-shocks-of-falling-demand-and-covid-19
In Cameroon, the wood sector has not been spared by the coronavirus. According to Giorgio Giorgetti, the president of the Cameroonian loggers’ association...
inflation-the-ins-doubts-cameroon-will-meet-the-community-benchmark-due-to-the-covid-19
In its recent note on the change in the consumer prices in Cameroon, the National Institute of Statistics (INS) listed the factors that should influence...
anti-covid-19-drugs-and-tests-production-process-is-being-finalized-madeleine-tchuente-says
"The process of production of endogenous drugs, test kits, vaccines and other health equipment dedicated to the fight against Covid-19 is being...
cameroon-world-bank-grants-xaf44-bln-loan-to-empower-women
On May 28, 2020, World Bank Executive Directors approved a $376 million (over XAF221 billion) loan as the fourth additional financing for the...

Mags frontpage


Business in Cameroon n87: May 2020

Roads, dams, fiber optics, markets... Cameroon’s big projects toward integration


«Central Africa is facing enormous challenges» - AfDB


Investir au Cameroun n97 Mai 2020

Routes, barrages, fibre optique, marchés… Les grands chantiers camerounais de l’intégration


« L’Afrique centrale est confrontée à d’énormes défis » (BAD)