More than 20 billion FCfa will be granted to cooperatives and agricultural groups to finance five agricultural sectors in Cameroon with 91 percent of the funds presented by the Islamic Development Bank (IDB) and 9 per cent by the Cameroonian government.

This financial assistance is part of the second phase of the project for rural development of the mont Mbappit (PDRM-II) in the Western region, according to the Ministry of Agriculture and rural development on Wednesday.

The cultivation of crops, notably vegetable products, palm oil, maize, cassava and rice are income generation of agriculture which seeks greater productivity through improved farming methods.

This aim, according to the coordinator of the PDRM-II project, Amadou Potouo Gbounkouo, is to “promote sustainable agriculture based on value chains and integrating the notion of competitiveness and productivity.”

In other words, "it is no more a question to produce and sell at the market but also to transform and expand the value added of agricultural products", he emphasized.

Cooperatives which will be maintained in October 2015 will have funding for the supply of agricultural inputs, the layout of pools of agricultural machinery, the collection of products, the processing and marketing, as well as the opening of trading posts.

The first phase of the PDRM-I, between 2006 and 2012, received a funding of 19 billion FCfa while the second which will be supported with an amount of 20 billion FCfa will be completed in 2020.