Cameroon: Market-Oriented Agriculture Takes Shape

AllAfrica (December 17, 2014) The project develops farming based on expressed needs of agro-businesses to buy the products once they are produced. Signing a 100 million dollars (about FCFA 50 billion) concessional loan agreement with the World Bank yesterday December 15 within the framework of Agricultural Investment and Market-driven Project (AIMDP) showcases government’s resolve to embrace agro-business. The money, the donor said, is a concessional loan, under the conditions of the World Bank’s International Development Association (IDA) that assists developing countries.