Cameroon - Agribusiness - Significant agricultural potential

The agricultural sector remains one of Cameroon's growth drivers. It is a strategic sector for meeting the food needs of a growing population. Cameroon's agricultural market is expected to grow at a CAGR of 6.51% over the period 2022-2027.

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Due to its geographical location and ecological diversity, Cameroon has considerable potential for agriculture and livestock production. Agriculture in Cameroon accounts for more than half of the country's non-oil export revenues and employs nearly 601,000 million of the labor force. About 901,000 million of Cameroonian rural households are employed in some way in agriculture, and about a third of them earn their living from exporting crops. However, overall yields are low, and food insecurity affects more than a fifth of rural households.

Food crops dominate the region's agricultural market. Corn is the most important food crop, followed by wheat and barley. Export crops are mainly bananas, cocoa, coffee, and cotton. Less traditional crops coexist, such as onions, green beans, and rice, produced either for local consumption or export.

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Government initiatives, such as the creation of Agri-Parks, and the introduction of projects, such as the IFAD project, are expected to promote the cultivation of food crops in the country and improve the well-being of rural populations. Favorable government policies are expected to stimulate the Cameroonian food crop market. Maize accounts for over 80% of local food production in Cameroon. The Cameroonian food market has matured considerably since the deregulation of marketing. Producers, traders, and other intermediaries interact freely in the marketing of their products.

An agreement on the new country programming framework (CPF) was signed in April 2022 with the Food and Agriculture Organization of the United Nations (FAO).

The strategic priorities of the CPP 2022-2026 are broken down into 4 effects, 18 products, 163 interventions and a total budget of USD 78,019,336 (FCFA 47,205,029,705), derived from budgetary allocations provided by the State, technical and financial partners in the rural sector and FAO's internal resource mobilization potential.

This 2022-2026 programming framework will not only help achieve the SDGs, but also transform Cameroon's agricultural system to enable it to meet food security challenges. With a population of 26.5 million, primarily made up of young people, a diverse ecology, and rapid urbanization, Cameroon's socioeconomic potential remains underexploited, and the performance of the rural sector remains insufficient. Thus, the Country Programming Framework supports the Cameroonian government's efforts to improve food and nutrition security, as well as the country's inclusive development.