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Infos Business of Wednesday, 22 April 2015

Source: Business in Cameroon

WCF funds 15-hectare cocoa farm in Cameroon

The World Cocoa Foundation (WCF), an international NGO financed by American billionaire, Bill Gates, has provided the Cameroonian government with the financing required to set up a 15-hectares cocoa farm.

This was revealed by Hope Sona Ebaï, a WCF official. The 15 hectares being financed by the WCF complement the 85 hectares that the government is planning to create this year. In total, there will be 100 hectares of cocoa planted across the country.

Despite annual national production totalling 200,000 tonnes for at least 5 years, the Cameroonian cocoa sector continues to suffer from a lack of quality, more disease-resistant seedlings that can produce better yields per hectare.