Infos Business of Monday, 30 March 2015

Source: Business in Cameroon

Sodecoton to boost soya production 2014-15 season

Société de Développement du Coton (Sodecoton) which has for the last few years undertaken the diversification of its activities to guard against the international context which is not always favourable to cotton, plans to produce 16,000 tonnes of soya in 2015, according to internal sources.

This forecast virtually multiplied by 10 compared to the production of 1,600 tonnes projected in 2012.

This dizzying increase in soya production at Sodecoton is due to the existence of a more demanding market, due to the interest that local agro-industries have shown in this grain. A soya processing plant with a grinding capacity of 18,000 tonnes per annum was inaugurated in the suburbs of Douala on April 5, 2014.

This plant will basically be supplied with soya production from the Extreme-North region, where Sodecton, which may have thus found a new outlet for soya production has its production apparatus.

Due to insufficient national production, Cameroon imports an average of 20,000 tonnes per annum for a value of close to 10 billion FCFA according to Ministry of Economy statistics.