logoBC
Yaoundé - 26 September 2021 -
Agriculture

Cameroon: 4.6 billion FCfa industrial unit to process 16,000 tonnes of cocoa per annum

Cameroon: 4.6 billion FCfa industrial unit to process 16,000 tonnes of cocoa per annum
  • Comments   -   Tuesday, 21 January 2014 02:32

(Business in Cameroon) - As of 2014, Fapam Sarl, an industrial unit based in Mbalmayo in the Centre region of Cameroon, will process 16,000 tonnes of cocoa butter beans and cocoa powder. This was announced by the initiators of the new project which has just started in Cameroon and will provide 300 direct jobs.

The fruit of the Cameroon government’s hard labour through its Agropole project led by the Ministry of Economy and a local businessman, Anatole Nkodo Zé, this agro-industrial unit will boost the country’s cocoa-processing capacity which currently barely surpasses 25,000 tonnes per annum out of a total production volume of 230,000 tonnes.

A 4.6 billion FCfa investment, Fapam Sarl received 1.4 billion FCfa in financial support from the Cameroon State.

Announced at the last International Cocoa Festival (Festicacao) in November 2013, the Ministry of Trade, Luc Magloire Mbarga Atangana, had revealed that Cameroon was planning to process around 50,000 tonnes of cocoa in 2014 thanks to new unit installations such as Fapam Sarl’s which will join cocoa-processing forces with Sic cacaos and Chococam.

kribi-to-soon-host-two-plantain-production-and-fish-farming-clusters
In the framework of its far belt project in Kribi, the host town of a deep seaport, agroforestry cooperative Coop CA AIO is currently planning to create...
cameroon-pm-joseph-ngute-instructs-the-allocation-of-a-specific-percentage-of-public-construction-contracts-to-matgenie
Since September 22, 2021, employees of the National Civil Engineering Equipment Depot (MATGENIE) have been, once again, protesting to request the payment...
douala-bangui-ndjamena-corridor-cameroon-introduces-single-transit-permit-to-save-time-and-reduce-hassles
Cameroon recently introduced the single transit permit for trips along the Douala-Bangui and Douala-Ndjamena corridors. This digital permit issued by...
foreign-trade-togo-became-cameroon-s-leading-african-supplier-of-petroleum-products-in-2020-ins
In 2020, Togo became Cameroon’s leading African supplier and the 7th worldwide, according to figures published by the National Institute for Statistics...

Mags frontpage


Business in Cameroon n103: September 2021

Cameroon: The other cocoa land


The rise of private equity


Investir au Cameroun n113: septembre 2021

Le Cameroun, l’autre pays du cacao


L’émergence du private equity camerounais