FI.MO.AT-C.I.G ENGAGES IN COCOA BEAN EXPORT AND LOOKS FOR PARTNERS ABROAD TO SELL ITS PRODUCTS.
The most important Cameroon cash crop cocoa, is grown in central
and southern regions, as well as in the South west region of Cameroon. Agriculture remains the backbone of Cameroon's economy, employing 70 percent of its workforce, while providing 42 percent of its GDP and 30 percent of its export revenue.
Apart from some few mechanized industrial exploitations, cocoa production in Cameroon is essentially traditional, manual work is usually very arduous, the cultivated surface area is also reduced, and yields are low and therefore insufficient to meet both domestic and external demand.
FI.MO.AT-C.I.G stressed the need to modernized Cameroon’s agriculture, so as to increase the productivity of small farmers and encourage the emergence of “second generation” production units; that is to say large and medium size companies. In this perspective, the mechanization of agriculture must be a fact, given the multiplier effect of machines in the chain of production.
We are newly engaged in this cocoa business to raise funds for this transformation process of agriculture in Cameroon from the traditional subsistence agriculture to mechanization not only with the cocoa product but also with Cameroon’s other cash crops such as coffee and peanuts.
We buy from subsistence farmers and smallholder farmers in our warehouse while helping them with subsidies and pesticides and promising them opening larger farmlands with road to market roads.
We are working with the center for plant multiplication to buy our cocoa beans.