logoBC
Yaoundé - 26 April 2024 -
Agriculture

Cameroon: Fermencam wants to plant 4,942 acres of fruit trees to launch natural juice production

Cameroon: Fermencam wants to plant 4,942 acres of fruit trees to launch natural juice production
  • Comments   -   Friday, 25 April 2014 16:30

(Business in Cameroon) - According to Samuel Foyou, Board Chairman of Société camerounaise de fermentations (Fermencam), a distillery with Cameroonian capital, submitted an application to the public authorities to obtain a land concession on close to 5,000 acres. “We have already acquired 1,482 acres,” he explained.

The Fermencam board chairman has indicated that the land will be used to cultivate guavas, pineapples and mangoes. These fruits, he explains, will enable Fermencam, a company specialised in the production of spirits, to start producing natural juices for the European market, specified Mr Foyou.

Fermencam’s diversification will enable the company to increase its sales, which reached 12 billion FCfa in 2013, up by 3 billion FCfa relative to 2012, according to Managing Director, Maurice Djeutchoua. The company has a staff of 800.

mobile-money-usage-surges-in-cameroon-outpacing-traditional-banking
The use of mobile money services has "particularly increased" in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or...
afdb-reports-cfa3tn-in-financing-for-cameroon-over-60-years
The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...
cameroon-spends-nearly-cfa71bn-on-public-debt-interest-in-q1-2024
In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....
cameroon-s-domestic-debt-rose-by-cfa169bn-in-q1-2024-driven-by-public-securities
Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...

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 »