This funding of 78.8 million euros, or 51.8 billion FCFA, announced by the Cameroonian government, aims to transform the industrial units of the Cameroon Development Corporation (CDC), a key agro-industrial company specializing in the cultivation of rubber, oil palm and banana.
On December 19, 2025, a major milestone was reached for the Cameroon Development Corporation (CDC) at an official ceremony presided over by the Minister of Economy, Alamine Ousmane Mey. The Cameroonian government secured €78.8 million in funding, equivalent to approximately 51.8 billion FCFA, to modernize the industrial facilities of the CDC, a leading public company operating in the Southwest region of the country.
This financing project will enable the supply and installation of modern processing units for palm oil, margarine, and rubber. The financing package, arranged by Standard Chartered Bank in London, consists of a €71.7 million buyer’s credit, guaranteed by Bpifrance, and a €7.1 million trade credit. This innovative approach aims to strengthen the production capacity of CDC, whose economic importance is crucial in the region.
The project’s implementation has been entrusted to the French company Tyllium, which has a proven track record in the agri-food sector. The planned completion time is 25 months, with oversight provided by the Ministry of Agriculture and Rural Development. In parallel, the CDC will act as the delegated project manager for this ambitious project.
The Ministry of Economy clarified that this program is not limited to infrastructure modernization. It also aims to add value to agricultural raw materials within Cameroon, reduce imports, and create new jobs. In particular, this initiative is expected to stimulate the local economy, notably through the creation of direct and indirect employment in the Southwest region, which has been severely affected by security crises since 2016.
Indeed, the CDC’s recovery plan is part of a broader context. The government has also undertaken to settle the company’s salary arrears, estimated at 35.75 billion FCFA for the period 2018-2022. After an initial payment of 20 billion FCFA in December 2024, a second disbursement of 15.75 billion FCFA took place in September 2025, thus allowing this debt to be settled.
Ultimately, this modernization project is an encouraging sign for the Cameroon Development Corporation and the national economy. By securing new financing and revitalizing its infrastructure, the CDC is positioning itself to meet future challenges and play a central role in the sustainable development of Cameroon’s agribusiness sector. This ambitious initiative, by strengthening the local value chain, promises to be crucial for the country’s prosperity.
