logoBC
Yaoundé - 28 March 2024 -
Agriculture

Cameroon estimates 2020 rice deficit at 436,239 tons

Cameroon estimates 2020 rice deficit at 436,239 tons
  • Comments   -   Friday, 26 June 2020 15:06

(Business in Cameroon) - The Ministry of Agriculture and Rural Development (MINADER) recently provided data on rice production and demand in Cameroon for the 2020 financial year. The data shows that domestic demand is estimated at 576,949 tons of rice for an average national production estimated at 140,710 tons, i.e. a deficit of 436,239 tons.

To make up the deficit, the Minader offers technical and financial support to cooperatives and agro-industries for the production of quality seeds, the vulgarization of modern rice production technics and the improvement of harvesting and post-harvest techniques through various projects.

The ministry informs that it is also implementing a program aimed at developing an additional 35,700 hectares of the hydro-agricultural perimeter. Thanks to this programme, at least  350,000 tons of milled rice can be marketed by 2023. The deficit will then be reduced to 86,239 tonnes of rice if demand does not increase. Between 2015 and 2018, Cameroon's rice imports amounted to CFAF 652.6 billion, representing an average of CFAF163 billion per year.

Sylvain Andzongo

mtn-cameroon-sees-record-growth-with-cfa325-7bn-revenue-in-2023-amid-market-challenges
MTN Cameroon reported a robust revenue of CFA325.7 billion for 2023. According to data released on the Johannesburg Stock Exchange in South Africa, this...
cameroon-s-customs-enforces-air-cargo-regulations-threatens-fines-for-non-compliance
Edwin Fongod Nuvaga, the Director-General of Customs in Cameroon, has issued a reminder to airlines about their obligations to comply with standard...
cameroon-s-brewer-sabc-surpasses-decade-s-average-annual-investment-in-2023
Cameroon’s brewing company SABC, a local subsidiary of the Castel Group, claimed a cumulative investment of CFA313 billion over the past decade, as...
cameroon-sabc-s-turnover-falls-by-cfa4bn-yoy-in-2023-despite-increase-in-sales
Cameroonian brewing company SABC announced it has wrapped up 2023 with a turnover of around 729 billion FCFA, slightly down by CFA4 billion compared to...

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 »