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Cameroon: The African Development Bank and the government support a financing agreement to develop agricultural value chains

Cameroon’s Minister of Agriculture and Rural Development Gabriel Mbairobe and the General Manager of the Commercial Bank of Cameroon, Léandre Djummo, have signed, on September 8, 2022, in Yaoundé, an agreement for the establishment of an Agricultural Sector Development Fund. The African Development Bank’s (www.AfDB.org) Director General for Central Africa, Serge N'Guessan, also attended the signing. The […] ....

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Cameroon: AfDB deems the implementation of Agricultural Value Chain Development Project PD-CVA "unsatisfactory"


(Business in Cameroon) - For the African Development Bank, (AfDB) the Agricultural Value Chain Development Project (PD-CVA), launched in 2017 in Cameroon was not satisfactorily implemented.
In its report published on December 11, 2020, the AfDB (which is the main financial backers in the said project) notes that the implementation of the PD-CVA was significantly delayed while value chain development activities have not yet started. Those activities include the establishment of the fund for the development of commodity chains and the installation of pilot processing units. The report adds that there are problems in the management of Yabic, the agricultural incubation centers.
Some of the problems affecting the implementation of the project include the abrupt suspension of courses in the incubation centers and the poor management of the incubated projects,  the socio-political situation in the South-West region (which persists and compromises the implementation of the proje ....

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