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Yaoundé - 17 July 2018 -
Agrobusiness

Palm oil sector: The South-West region's crisis affects CDC and Pamol’s production

Palm oil sector: The South-West region's crisis affects CDC and Pamol’s production
  • Comments   -   Thursday, 12 July 2018 17:30

(Business in Cameroon) - Since the socio-political crisis started, nearly two years ago, in Cameroon’s Anglophone regions, palm oil processing has been facing various disruptions mainly within agri-business firms such as CDC and Pamol. This was reported by the Oilseed Sector Regulatory Committee.

Speaking during a meeting held in Yaoundé July 3, the committee’s chairman Emmanuel Nkoulou Ada commented that the Anglophone crisis has a direct mechanical effect on the sector, especially as CDC and Pamol are the county’s key processors. “The volume generated from these firms is far below their capacity and also, they are unable to trade their products. This situation does not ease distribution,” Nkoulou said.

Moreover, the official indicated that the companies have a foothold in other regions as they are inclusive organizations helping populations through the construction of schools and hospitals, as well as other social facilities.

Better still, both companies committed funds to boost yield. This covers 10,000 ha of palm trees for Pamol, and more than 12,000 ha for CDC.

Nkoulou, however, reassured that “we should not be worried about any shortage, since it is just a part of production that is disrupted”. He hailed government's move in 2017, which authorized the import of 97,000 tons of oil palm to prevent shortages so far.

S.A

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