Infos Business of Wednesday, 30 November 2016

Source: businessincameroon.com

FCFA 3.5 billion investment to produce 10,900 tons of maize

Maize Maize

The maize production, processing and marketing Agropole of Noun, a district in the Western region of Cameroon, is now operational. It was officially launched on 26 November, and plans to bring the maize production in this area of the country from 2,800 to 10,900 tons, we officially learned.

This investment of FCfa 3.5 billion in total, including FCfa 1.3 billion provided by the State of Cameroon as part of its Agropoles project, is carried out by Maïs du Noun and the company Hollygreen, who produces feed grain and announces the production of vegetable oils made from maize in the near future.

In practical terms, the funds made available to the project sponsors by the Cameroonian State will contribute to the purchase of 25 tractors, the installation of a feed mill and maize oil extraction unit.