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CDC banana exports reached 15,712 tons in Jan-Jul 2023, up 31% YoY

The Cameroon Development Corporation, which has borne the brunt of the crisis in the country since late 2016, exported 15,712 tons of bananas between January and July 2023. Although the volume of bananas it exported over those seven months is roughly the volume exported by market leader PHP in March 2023 (15,744 tons), CDC’s performance is up 31% (+3,712 tons) year-on-year. Indeed, in those seven months in 2022, the state-owned agribusiness group exported 12,000 tons of bananas.

According to the CTR, the 2021 performance was the result of efforts made by the government to secure the company’s facilities. Those facilities were previously targeted by separatist militants advocating for the independence of Cameroon’s two Anglophone regions.

Source: businessincameroon.com

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