logoBC
Yaoundé - 27 October 2021 -
Agriculture

Sic-cacaos and Chococam ground 25,370 tonnes of cocoa in late February 2015

Sic-cacaos and Chococam ground 25,370 tonnes of cocoa in late February 2015
  • Comments   -   Sunday, 29 March 2015 19:12

(Business in Cameroon) - Sic-cacaos, Cameroonian subsidiary of the Swiss company, Barry Callebaut, and Chocolateries confiseries du Cameroun (Chococam), run by South Africa-based Tiger Brands, purchased 25,370 tonnes of cocoa beans in the first seven months of the 2014-2015 cocoa season (late February), officially launched on August 1, 2014. According to figures provided by the National Cocoa and Coffee Board, this is 515 tonnes higher than the 24,855 tonnes ground in late January 2015.

However, while Sic-cacaos remains the main engine of the local cocoa processing market with 23,769 tonnes purchased in late February 2015, against only 1,601 tonnes for Chococam. The overall volume of ground cocoa is 17% lower than the same period the previous season.

Visibly, the two processing plants opened last year in Mbalmayo and Douala with the expectation that they would bring national processing production to 50,000 tonnes in 2015 have not yet reached their cruising altitude.

cameroonian-financier-louis-banga-ntolo-becomes-new-ceo-of-regional-stock-market-bvmac
At the end of a Board meeting on October 25, 2021, in Libreville, Cameroonian financier Louis Banga-Ntolo was confirmed CEO of the Central African Stock...
cameroon-and-car-join-forces-to-secure-cross-border-oil-product-deliveries
On October 21, 2021, Minister of Water and Energy Gaston Eloundou Essomba granted an audience to his Central African peer Arthur Bertrand Piri. During the...
cemac-beac-suggests-a-reform-of-legal-framework-to-spur-development-of-mobile-microcredits
In its recent report on the state of electronic payments in the CEMAC region in 2020, the Bank of Central African States (BEAC) points out that mobile...
bvmac-listed-microfinance-la-regionale-announces-10-5-yoy-growth-for-its-h1-2021-turnover
“LA Régionale”, the Cameroonian microfinance institution that entered the regional exchange market BVMAC last February, announces good performance for...

Mags frontpage


Business in Cameroon n104: October 2021

Dossier Where does Cameroon stand in international trade?


Henri-Claude Oyima : “BGFIBank Cameroon is truly one of our success stories.”


Investir au Cameroun n114: Octobre 2021

Dossier La place du Cameroun dans le commerce international


Henri-Claude Oyima : «BGFIBank Cameroun est vraiment l’une de nos success-stories.»