Commodity News
SunSirs: Cameroon Aims to Increase Palm Oil Production by 20,500 Tons in 2026
December 08 2025 15:26:50 SunSirs (Selena)
According to the Economic and Commercial Department of the Embassy of the People's Republic of China in the Republic of Cameroon, the Cameroonian government has set a target of increasing palm oil production by 20,500 tons by 2026 to cope with domestic supply shortages. The plan relies on a loan agreement of 51.7 billion Central African francs (approximately 92 million US dollars) finalized with Standard Chartered Bank in London. The funds will be used to build rubber and palm oil processing plants for the Cameroon Development Corporation (CDC), aiming to strengthen industrial supply and enhance local production value.
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Related Information
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