Cameroon:  3.2 Bln CFA to setup 10 new cocoa processing plants

cocoabeansThe Cameroonian’s government is planning to double its annual capacity of cocoa processing. According to Reuters, the country wants to succeed in transforming locally around 70,000 tons of beans or about 30% of all production. This increase will be through the establishment of 10 new processing units said Bruno Ntakeu, Deputy Director of the transformation the Ministry of Trade and Industry.

According to the official, the project will require an investment of 3.2 billion FCFA and will transform 36,000 tons of beans butter and cocoa powder, which ultimately will generate more income in the country. These production units will join the Sic-Cacaos, Chococam and the Company Chérifienne Chocolaterie which are the three companies currently active in the processing sector in Cameroon.

The country which has produced 209,905 tons of cocoa in 2014, but had turned 32,700 tons, thus inspired by the Ivory Coast, the world’s largest cocoa producer, which was also imposed there like the world’s largest processor of the bean.

Note that Cameroon benefits from favorable agricultural conditions giving it as one of the best primary commodity for economies in the sub-Saharan Africa region. Cameroon’s principal commercial crops are cotton, tobacco and bananas while sugarcane palm products and rubber are also growing commercially.

About Khalid Al Mouahidi 3700 Articles
Khalid Al Mouahidi : A binational from the US and Morocco, Khalid El Mouahidi has worked for several american companies in the Maghreb Region and is currently based in Casablanca, where he is doing consulting jobs for major international companies . Khalid writes analytical pieces about economic ties between the Maghreb and the Mena Region, where he has an extensive network