logoBC
Yaoundé - 18 November 2018 -
Agro-industry

Cameroon: CDC exported lowest banana volume in 13 years, in August 2018

Cameroon: CDC exported lowest banana volume in 13 years, in August 2018
  • Comments   -   Thursday, 06 September 2018 18:17

(Business in Cameroon) - In August this year, Cameroon Development Corporation (CDC) exported only 1,488 tons of banana, its worst export performance in one month since 2005, according to the Cameroon Banana Association (Assobacam). The volume is also just over six times less than the volume exported in August last year (8,560).

 During the period under review, CDC slightly exceeded the volume exported by Boh Plantations (Bpl) which stood at 1,164 tons. Meanwhile, the banana market leader Haut Penja Plantation Company (PHP) exported 12,261 tons.

Sources said the poor performance by CDC is due to Anglophone separatists’ violent protests which have been ongoing for more than a year in the South-West region of Cameroon, where CDC owns all its plantations. The situation led the company to suspend operations, leaving employees jobless.

Let’s note that CDC also operates rubber plantations. It is the country’s second largest employer after the civil service.

Brice R. Mbodiam

Mags frontpage


Business in Cameroon n69: November 2018

Cameroon’s finance sector goes through rapid digitalization

Cashew, a sector with great potential, both for revenues and job creation



Investir au Cameroun n79: Novembre 2018

Le secteur financier camerounais se digitalise à grande vitesse

L’anacarde, un vaste potentiel de revenus et d’emplois