logoBC
Yaoundé - 23 April 2024 -
Agro-industry

Cameroon: Banana export slid to 13,381 tons in April, lowest volume since Jan. 2019

Cameroon: Banana export slid to 13,381 tons in April, lowest volume since Jan. 2019
  • Comments   -   Monday, 13 May 2019 11:51

(Business in Cameroon) - Cameroon exported a total of 13,381 tons of banana in April this year, the lowest volume since the year began, the fruit’s association (Assobacam) said.

In detail and compared to the same period last year, PHP, local subsidiary of French Compagnie fruitière de Marseille and market leader, shipped 12,427 tons over, up 424 tons while Boh Plantations shipped 954 tons, up 82 tons from 872 tons.

But overall volume in April 2019 is 6,500 tons down compared to 17,638 tons exported in April 2019; a drastic decrease caused by non-activity since September 2018 of State-owned CDC which has suspended shipments due to the crisis in the Anglophone regions where the company owns plantations.

The company estimates turnaround financing needs at XAF29 billion. With 22,000 employees, this agro-industrial unit is the country's second largest employer, after the public administration.

Brice R. Mbodiam

cameroon-investment-forum-wraps-up-with-honors-for-investment-champions
The 4th edition of the Cameroon Investment Forum (CIF), hosted by the Investment Promotion Agency (API), concluded on April 19 in Douala with the...
douala-municipality-takes-legal-action-against-banks-over-loan-guarantee-for-market-project
Douala Urban Community (CUD) filed a lawsuit on November 2, 2023, against Afriland First Bank (AFB), Commercial Bank-Cameroon (CBC), and Sicc Congo...
beac-to-introduce-new-coin-range-to-tackle-persistent-shortage
The Bank of Central African States (BEAC) is set to release a new range of coins in 2024, according to internal sources at the central bank. The...
cameroon-e-guinea-maritime-line-sets-sail-prices-and-options-revealed
Cameroon's ambassador to Equatorial Guinea, Désiré Jean Claude Owono Menguele, announced on April 19 the launch of a maritime line for transporting goods...

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 »