Rice sub-sector : avenues to recovery

• Posted on 2019-10-15

Recent studies on rice show that, in 2017, the sub-sector witnessed a trade balance deficit of about 184 billion CFA francs, representing an import volume of 628,400 tonnes of white rice. The deficit exceeded the 135 billion CF mark in 2010.

The national production of paddy rice, which was estimated at about 33 tonnes in 2017, is almost stagnant since 2011 despite the country's enormous potential arable land. The situation is all the more worrying given that rice plays a crucial... Read more

Export

• Posted on 2019-09-26
• Commerce Facilitation

Cameroon imports more than it exports. This situation weakens its economy. So, to reverse this trend and achieve its set growth targets by 2035, the

country must double its exports over the next 11 years. To attain this goal, Cameroon must diversify its export products and explore new markets that are less demanding than the European Union (EU) and China, which are so far its main trading partners. In this vein, the updated version of the National Export Strategy was presented recently... Read more

CEMAC customs contribution

• Posted on 2019-09-26
• Commerce

From 11 to 13 September 2019, Customs experts and administrations from CEMAC countries namely, Cameroon, Central African Republic, Congo, Gabon, Equatorial Guinea and Chad met in Yaounde to consider common interest issues relating to the implementation of recommendations of the West and Central Africa Regional Office of the World Customs Organization (WCO-WCA), switching to the 2022 version of the Harmonized Commodity Description and Coding System. Deliberations also centred on... Read more

Ngaoundere Dry Port

• Posted on 2019-09-06

Located in the Beka-Matari neighbourhood near the railway, 13km from Ngaoundere Town in the Adamaoua Region, the dry port project is also a brain child of the Chadian government. It seeks to decongest the Douala and Kribi ports and to reduce pre- and post-shipment delays and will go a long way to boost economic activities in the northern part of Cameroon through the many investment opportunities that it will offer to business persons. "This is good news for some of us who move goods from... Read more