Bloomberg News

Cameroon Gets 48 Million Euros From EU to Boost Banana Output

May 11, 2012

The European Union will give Cameroon 48 million euros ($62 million) to increase production of bananas in the central African nation, said Raul Mateus Paula, head of the EU delegation in the country.

The grant is meant to help Cameroon improve the quality of the fruit and export more to the EU after the signing of an economic partnership agreement in 2009, he told reporters in Yaounde, the capital, yesterday.

Cameroon is Africa’s fourth-biggest cocoa producer and is Central Africa’s biggest coffee grower.

To contact the reporter on this story: Pius Lukong in Yaounde via Accra at ebowers1@bloomberg.net

To contact the editor responsible for this story: Emily Bowers at ebowers1@bloomberg.net


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