Banana sector: Cameroon's second largest employer, CDC is slow to regain its marks, 2 months after resuming activities
(Business in Cameroon) - During the month of September 2020, the Cameroon Development Corporation (CDC), 2e The country's employer with around 22 agents, exported 000 tonnes of bananas, according to figures compiled by the Banana Association of Cameroon (Assobacam). This cargo represents less than 1% of total exports, quantified by Assobacam at nearly 312 tonnes during the period under review.
Returning to the market in June 2020, after an 18-month absence (between September 2018 and May 2020) following the ravages of the secessionist crisis, which has raged in the English-speaking regions of Cameroon since the end of 2016, the CDC is still at the bottom of the wave.
Indeed, with exports of only 1 tonnes in September 312, the CDC barely achieves 2020/1e of its performance for the same month in 2017 (6 tonnes), and 681/1e that of September 2016 (10 tons), that is to say a month before the outbreak of separatist demands in the South-West region (and that of the North-West, Editor's note), where this public company operates banana plantations, rubber tree and oil palm trees.
The slow recovery of the CDC is all the more understandable as this public agro-industrial unit suffered heavy losses due to the so-called Anglophone crisis. In addition to the destruction of its production unit and the violence perpetrated on its employees by separatist militants, the CDC has, for the year 2018 alone, recorded a net loss of 32 billion FCFA, according to Christopher Ngalla, manager of the banana group. within this company.
According to this senior official, who spoke thus in July 2019, during a press visit organized in the banana production areas by Assobacam, the crisis at the CDC is a real socio-economic disaster. for the South West region. Indeed, he underlines, at full speed, the activities of this company make it possible to inject an average of 500 million FCFA each month into the economic circuit of this English-speaking region of Cameroon.
Brice R. Mbodiam
Source: https://www.investiraucameroun.com/agriculture/0810-15352-filiere-banane-2e-employeur-du-cameroun-la-cdc-tarde-a-reprendre-ses-marques-4-mois-apres- the-resumption-of-activities