Cameroon has suffered a 12.2% decline in the volume of bananas exported in August 2023 compared to the same period the previous year. According to a report issued by the National Sector Association, this poor performance occurred despite a record volume shipped by the state-owned CDC.
Official data showed that the public company exported 2,795 tons of bananas over the period under review, 74% higher than the 1,605 tons exported in August 2022. Assobacam says this is the highest export volume achieved by CDC since the beginning of the year.
Until now, the company’s biggest year performance was in June 2023 when it shipped 2,617 tons of bananas, following 2,592 tons in January. Commenting on this upswing, the Technical Committee for the Rehabilitation of Public and Parastatal Sector Enterprises (CTR) said it was made possible “thanks to the efforts made by the government to ensure the security of the company’s equipment after the troubling episode that came with the Anglophone crisis."
Source: businessincameroon.com