Yaoundé - 21 January 2022 -



Cameroon to disburse XAF3.7 bln to settle part of Pamol Plantations’ salary arrears and social debts

The government plans to release XAF3.7 billion to help state-owned company Pamol Plantations Plc settle part of the debt it owes employees.  Indeed,...
Thursday 20 January 2022Agriculture

Cameroon: New agribusiness firm CFC increases capital 4-folds to XAF10 bln

On January 12, 2022, Compagnie fermière camerounaise (CFC), the new subsidiary inaugurated (on November 5, 2021) by leading brewing group SABC increased...
Tuesday 18 January 2022Agriculture

Anglophone crisis: State firm Pamol shed 1,688 jobs in 2018-2020

Between 2018 and 2020, the number of jobs offered by state-owned company Pamol Plantations Plc decreased by 1,688. In its 2020 report on the performance...
Tuesday 18 January 2022Agriculture

Cameroon: State agribusiness group CDC posts over XAF18 bln loss for 2020 despite activity resumption

State agribusiness group Cameroon Development Corporation (CDC) recorded a XAF18.3 billion loss during the fiscal year ending December 31, 2020. According...
Monday 17 January 2022Agriculture

Cameroon: CENEEMA inks partnership agreement to speed-up agricultural mechanization

On January 13, in Yaoundé, the director-general of CENEEMA -National Centre for the Study and Experiment of Agricultural Machinery- and the managing...
Monday 17 January 2022Agriculture

Cameroon: Brewing group SABC seeks incentives for phase 2 of the XAF90 bln investment plan

Société Anonyme des brasseries du Cameroun (SABC), leader of the Cameroonian brewing market, plans to launch the second phase of its XAF90 billion...
Thursday 13 January 2022Agriculture

Far-North: Granivorous birds threaten cereal availability

For several weeks now, grain fields have been under the attack of granivorous birds in the Logone et Chari and Mayo Tsanaga departments in the Far-North,...
Tuesday 11 January 2022Agriculture

Brewing group SABC plans a rebranding to mark transformation into a full-fledged agribusiness group

In the coming months, Société Anonyme des brasseries du Cameroun (SABC), leader of the Cameroonian brewing market, will rebrand itself. “We will gradually...
Tuesday 11 January 2022Agriculture

Cameroon: State agribusiness firm CDC resumes operations at the Debundscha oil palm plantation previously controlled by armed groups

State-owned agribusiness firm CDC is gradually resuming its operations in the South-West, which was previously controlled by separatist armed...
Monday 10 January 2022Agriculture

Cameroon exported 198,634 tons of bananas in 2021, up 5.41% YoY

Cameroon exported 198,634 tons of bananas in 2021, according to data compiled by the Cameroon Banana Association (ASSOBACAM). The performance is up by...
Friday 7 January 2022Agriculture

Cameroon: PHP and CDC boosted banana exports by about 10% YoY in Dec 2021

Cameroon exported 20,631 tons of banana in December 2021, data from the Banana Association of Cameroon (ASSOBACAM) reveal. The figure is up by 9.7%...
Monday 27 December 2021Agriculture

Cameroon assumes chairmanship of the Consultative International Cashew Council CICC

On December 20, 2021, Cameroon’s Minister of Agriculture Gabriel Mbairobe (photo) assumed chairmanship of the Consultative International Cashew Council...
Monday 20 December 2021Agriculture

Cameroon cancels export duties on honey and pepper

Starting from the 2022 fiscal year, honey and pepper will become exempt from export duties in Cameroon. That exemption is consecrated by article 9 of the...
Wednesday 15 December 2021Agriculture

CDC exported 15,402 tons of bananas in Jan-Nov 2021, 6 times less than performance over the same period in 2017

State agribusiness company CDC exported 15,402 tons of bananas between January and November 2021, according to figures compiled by the banana association...
Friday 10 December 2021Agriculture

Cameroon: Canadian group GMC Universal Inc inks agreement with CDC group to invest in the cassava segment

On December 8, 2021, in Limbé, Canadian group GMC Universal Inc, represented by Alhassan Haruna, its administrative board’s chairman, signed a memorandum...
Friday 10 December 2021Agriculture

Far-North: Government bans cereal exports to neighboring countries to safeguard local supply

To guarantee cereal supplies in the Far North, Cameroon is prohibiting exports from the region to neighboring countries. Indeed, in a correspondence dated...
Tuesday 7 December 2021Agriculture

Cameroon: World Bank approves XAF116.5 bln financing to boost agricultural productivity in the Far North

In a release published on December 2, 2021, the World Bank announced that a US$200 million (XAF116.5 billion) credit was approved for Cameroon. According...
Wednesday 10 November 2021Agriculture

Cameroon imported XAF120 bln worth of corn and by-products in 2020 (PM)

On November 5, 2021, while inaugurating the corn processing plant of Compagnie fermière du Cameroun (CFC) in Mbankomo, not far from Yaoundé, Prime...
Wednesday 3 November 2021Agriculture

Cameroon exported 17,842 tons of banana in Oct 2021, up 7.3% YoY

Cameroon exported 17,842 tons of banana in October 2021, up by 7.3% year on year, according to figures compiled by the Banana Association of Cameroon...
Monday 1 November 2021Agriculture

Cameroon: Brewing group SABC to inaugurate its XAF18 bln Mbankomo corn processing plant next Nov 5

Next November 5, in Mbankom, some twenty kilometers from Yaoundé, Prime Minister Joseph Joseph Dion Nguté will inaugurate the new corn processing plant of...
Friday 29 October 2021Agriculture

Cameron: Cocoa Valley commits to buying “Golden Cocoa” beans at XF1800 per kilogram

On October 27, 2021, under the aegis of Trade Minister Luc Magloire Mbarga Atangana, Cocoa Valley and Cameroon Golden Cocoa signed a framework agreement...
Thursday 28 October 2021Agriculture

Cameroon: Improvement in palm oil sales volume boosts Socapalm’s H1-2021 net profit by 40.5% YoY

In the first six months of 2021, all the indicators were positive for BVMAC-listed Société camerounaise des palmeraies (Socapalm), a subsidiary of the...
Tuesday 26 October 2021Agriculture

Cameroon: CENEEMA and SODEPA partner to boost farming in ranches

On October 20, 2021, in Yaoundé, Livestock Development Corporation (SODEPA) and the National Centre for the Study and Experiment of Agricultural Machinery...
Friday 22 October 2021Agriculture

Exports: PHP to start generating more revenues as early as January 2022 thanks to a Fairtrade decision

In January 2022, the export prices of local banana producer Plantations du Haut Penja (PHP) will increase. This price increase is the result of a decision...
Wednesday 20 October 2021Agriculture

Rubber production: Revival of economic demand could stimulate local production in Q4-2021, despite CDC’s woes (BEAC)

In Cameroon, the activities of rubber producers and transformers could be more dynamic in Q4-2021 than it was in the previous quarter. The forecast was...
Tuesday 19 October 2021Agriculture

Cameroon: BEAC expects palm oil production to drop in Q4-2021

In Q4-2021, palm oil production would drop in Cameroon, according to the quarterly business survey “ test prévisionnel de conjoncture” recently published...
Thursday 7 October 2021Agriculture

Cameroon: Banana exports rose 14% YoY in Sep 2021

In September 2021, banana exporters operating in Cameroon exported 20,471 tons of the product, according to figures recently published by the Banana...
Friday 1 October 2021Agriculture

Cameroon to equip aerial treatment firm UTAVA with a second plane

State aerial crop treatment firm UTAVA will soon be equipped with a second plane. Indeed, during a meeting on September 29, 2021, aimed at reviving the...
Tuesday 28 September 2021Agriculture

CEMAC: Coffee and cocoa boosted agricultural products’ export price index in Q2-2021 (BEAC)

The prices of agricultural products exported by CEMAC countries in the second quarter of 2021 rose by 1.8%, down from 2.2% in Q1-2021,  according to...
Monday 27 September 2021Agriculture

Cameroon: Prodel injected XAF10 bln in 88 projects in Jan-Sep 2021

The World Bank-backed Livestock Development Project (Prodel) recently published its activity report covering the first nine months of 2021. From the...
Friday 24 September 2021Agriculture

Kribi to soon host two plantain production and fish-farming clusters

In the framework of its far belt project in Kribi, the host town of a deep seaport, agroforestry cooperative Coop CA AIO is currently planning to create...

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