Infos Business of Saturday, 5 December 2015

Source: investiraucameroun.com

Cocoa is a sure asset for the Cameroonian economy- Luc Atangana

Luc Magloire Mbarga Atangana Luc Magloire Mbarga Atangana

The Minister of Trade, Luc Magloire Mbarga Atangana, has indicated that cocoa production is a sure asset for the Cameroon's economy.

“Cocoa is sold at FCFA 1,500 per kilogram at the farm gate. We have never had such an opportunity to fight against poverty. We want to see our fellow citizens get into the production of cocoa in order for us to reach our target of 600,000 tons in 2020”, he declared on December 1, during a press conference announcing the opening of the Festicacao 2015 on December 3.

According to the government member, the opportunities available in the cocoa sector through its different components these days, are such that “cocoa is the sure asset of the Cameroonian economy”.

An even surer asset since, he added, “it changes the village economies”, a segment gathering the overwhelming majority of socio-economically disadvantaged populations.