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Yaoundé - 13 December 2018 -
Monday, 18 June 2018 14:02

Cameroon to pay about CFA1 billion cocoa premium to quality cocoa producers this year Featured

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Cameroon will provide CFA1 billion premium to cocoa producers who would supply better quality cocoa during the 2017-2018 season. This was revealed during the 2017-2018 campaign’s review meeting organized last week in Ntui.

According to our sources, this premium was constituted by levying CFA5 from the export tax which should be paid to the Fonds de développement des filières cacao-café (FODECC).

In the coming weeks, a committee of government’s representatives, supporting structures, and the professionals will meet to establish the list of the beneficiaries (thanks to the sales notes delivered after each purchasing operation and on which the quality of each cocoa sold is mentioned) and determine how the fund will be distributed to them.

This premium is part of the government’s measure to encourage local cocoa producers to produce better quality cocoa.  Let’s remind that some exporters have already initiated various measures to improve cocoa’s quality in the country by encouraging the production of certified cocoa.

For instance, Telcar Cocoa, the local representative of Cargill trained thousands of producers and during the last five cocoa campaigns, they were provided CFA3.7 billion cocoa premium.

Let’s remind that during the last three cocoa campaigns, more than 90% of the cocoa beans exported by Cameroon were grade II products. Due to this fact, its price is discounted by up to CFA200 per kilogram on the international market despite the various measures initiated by the cocoa council and the government.

Brice R. Mbodiam 

Read 1430 times Last modified on Monday, 18 June 2018 15:08

7 comments

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  • Comment Link David Wilcox Sunday, 14 October 2018 09:00 posted by David Wilcox

    For starters, most small farmers in Cameroon have no concept of proper fermentation principals. Governing officials might also stop promoting strains of CCN-51 and work toward better flavor genotypes that have been given the green light by the International Quarantine Center in Reading UK, currently Cameroon has no status as a country that can produce a consistent flavor characteristic. Bean to Bar custom shops in Europe and North America are increasingly looking for direct relationships with farmers that can produce higher flavor characteristics and the price per ton can be three times the current gate price in West Africa regions. Taking a few middle men out of the picture direct to customers will greatly benefit the hard working farmers country wide.

  • Comment Link Teodora Helferty Saturday, 06 October 2018 15:16 posted by Teodora Helferty

    Thanks for sharing this information.have shared this link with others keep posting such information..

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