Since the liberalization of the Cameroonian cocoa sector in 1995, the sector has been witnessing some structural difficulties. The dissolution of the erstwhile Cameroon Marketing Board (ONCPB) which used to act as a central buying unit for farmers ushered an era of rogue traders who will rob farmers of the proceeds of the sale of their cocoa beans. In 2004, the Cameroonian government created two structures - Société de Dévéloppement du Cacao (SODECAO) and Office National du Cacao et du Café (ONCC) to help revitalized and restore order in the sector. And in 2006, the Cocoa and Coffee Development Fund (FODECC) was created to promote the financing of projects for the commercialization of cocoa and coffee.
Since then, the quality of cameroonian cocoa is now recognized in international market. And this sector is beginning to recover (in terms of quality and quantity) after many years of near abandonment and liberalization. NOHA NYAMEDJO is one of the major cocoa Trader in Cameroon.
Cocoa production in Cameroon is estimated at 187,000 metric tons, the country stands at the 5th world rank behind the Côte d'Ivoire (36%), Ghana (19%), I
ndonesia (16%) and Nigeria (6%). Cameroon occupies the 4th place at the African level.
Challenge: Cameroon is one of the world’s most important producers of cocoa, but only 10% is processed locally.
Our Solution: To develop local cocoa processing capacity in Cameroon by building a state-of-the-art cocoa processing facility.
Our Vision: We would like to become the first national private-owned firm to process cocoa. We are currently building a $24 million plant that will have the capacity to process up to 25,000 tonnes of cocoa.
