logoBC
Yaoundé - 22 October 2020 -
Public management

Cameroon seeks suppliers for 3 palm oil extraction plants and mini-power plants

Cameroon seeks suppliers for 3 palm oil extraction plants and mini-power plants
  • Comments   -   Thursday, 10 September 2020 15:18

(Business in Cameroon) - The Ministry of Agriculture and Rural Development recently issued an international call for tenders to select firms that will supply it with three palm oil extraction plants and mini-power plants.

According to the call, each of the extraction plants must have a nominal processing capacity of 6 tons per hour.

These plants will be situated at Dibamba, Njombe-Penja, and Mbanga, all in the Littoral region of Cameroon. Companies interested in this call for tenders can submit their bids till November 26, 2020, with a guarantee deposit of XAF20 million.

The equipment is acquired in the framework of the Agricultural Value Chain Development Project, led by the Ministry of Agriculture and Rural Development thanks to funds from the African Development Bank (AfDB), we learn.

The palm oil component of this project will help boost local production, which is unable to meet local demand. According to official data, due to the rise in investments from palm oil processors, Cameroon records a nominal deficit of 130,000 tons of palm oil every year. To fill the gap, the country imports the product from countries like Malaysia and Gabon. This year, the country plans to import 90,000 tons.

Let’s note that the nominal deficit referred to here is not the real deficit. According to Emmanuel Koulou Ada, president of the committee in charge of regulation in the oilseed sector, it is rather calculated by taking into account just 50% of companies' processing capacity. “Were companies’ full processing capacities to be taken into account, the deficit would have beeen much higher,” he concluded.

BRM

bollore-transport-logistics-cameroon-wins-contract-to-manage-wfp-s-deliveries-in-the-gulf-of-guinea
Following a call for tenders, the World Food Program (WFP) awarded the Cameroonian subsidiary of the French logistician Bolloré Transport & Logistics...
cameroon-three-additional-cocoa-post-harvest-treatment-centres-of-excellence-to-be-built-in-2021
Cameroon’s sixth cocoa Post-Harvest Treatment Centre of Excellence is scheduled to be inaugurated today October 22, 2020, in Ntui (a cocoa producing area...
cameroon-banana-exports-dropped-by-about-19-5-k-tons-yoy-in-jan-sep-2020
Banana exporters in Cameroon exported 136,048 tons of the products between January and September 2020, according to data compiled by the Banana...
digital-customs-duty-collection-system-has-paul-biya-saved-20-of-mobile-network-providers-turnover
On October 19, 2020, the Cameroonian Head of State, Paul Biya, ordered the suspension of the reform aimed at collecting customs duties on uncleared mobile...

Mags frontpage


Business in Cameroon n92: October 2020

Crowfunding A solution for young entrepreneurs


Serge Esso, rising lobbyist


Investir au Cameroun n102 Octobre 2020

Financement participatif Une solution pour les jeunes entrepreneurs


Serge Esso, le lobbyiste qui monte