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Franctrade understands that a delegation of agribusiness executives and officials from Cameroon’s Ministry of Agriculture recently visited Malaysia to acquire skills on how to optimise output in the oil palm sector. Cameroon has ambitions to increase palm oil output to 450,000 tonnes, from the current 270,000 by 2020. Cameroon does not produce enough palm oil
Finances looking dismal An interview with the General manager of the Cameroon Development Corporation (CDC), Mr Franklin Njie, reveals the finances of the second largest employer in Cameroon is in dismal condition. CDC employs over 22,000 staff and produces banana, rubber and palm oil for local and international markets. Low rubber prices have stymied revenues
FrancTrade view: The planned expansion of the SICOVIR plant, a palm oil processing factory in the eastern region of Mutangwa, will be a bonus for local palm producers. It will also divert palm exports away from Uganda for domestic use in Congo. However, the Congolese market remains a net importer of palm oil with an
