Yaoundé - 29 November 2023 -

Innovative agriculture-oriented startups to receive govt recognition

Innovative agriculture-oriented startups to receive govt recognition
  • Comments   -   Wednesday, 24 May 2023 13:40

(Business in Cameroon) - The Cameroonian government expressed its desire to reward startups leveraging digital technologies to boost agricultural growth in the country. The initiative will be carried out as part of the Digital Transformation Acceleration Project (Patnuc) funded by the World Bank.

The plan is to organize the competition "agritech innovation Challenge" to select the startups to be rewarded. A call for expressions of interest has been issued to recruit the partner who will lead the initiative, with a deadline for submission of bids set for June 13, we learned. B2B fairs are also included in the agenda.

"Particular focus is on agritech solutions developed by women and youth. We want solutions that have high-impact in rural areas, specifically for farmers and livestock breeders," the government said.

Under the Patnuc deal signed in 2021, the Cameroonian government secured a $100 million loan (about CFA60.8 billion) from the World Bank to advance reforms and policies in the ICT sector, enhance digital skills among citizens, foster the development of digital applications and services, and increase the adoption and utilization of digital services to stimulate employment and entrepreneurship in the country.

The National Council of Shippers of Cameroon (CNCC) and the Agency for the Promotion of Small and Medium-sized Enterprises (APME) provided equipment to...
Cameroon’s national stats agency INS issued a report indicating that the country’s average annual inflation rate in October 2023 reached 7.7%. Although...
An auction of goods will be held at the port of Kribi on December 8, according to a November 21 press release signed by Norbert Belinga, head of customs...
From November 23 to 26, 2023, stakeholders in the cotton sector, including the Cotton Development Company (Sodecoton), the National Confederation of...

Mags frontpage

Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer

Albert Zeufack: “Today, the most important market is in Asia”

Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir

Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »