Agriculture

  • Transformation of Agricultural Products, animal, husbandry and fishing.
  • Agriculture is the main stay of the economy.
  • Occupies more than 70%of the actual population.
  • Contributes 42% of the GNP.
  • Represents 51% of the exports.
  • Agricultural potential is very rich and diversified because of the geographical and climatic situation of the country.
  • Mostly subsistent farming being carried out and very little transformation into value added produce or goods.
  • Overall Surface Area: 475,660 km representing some 47million hectares.
  • Arable Land: 9.2 million hectares including 7.2 million hectares for farming.
  • Only 1.4 million hectares (20%) of land is being currently used.
  • Streamlined procedures for land acquisition
  • Streamlined procedures for issuing land titles.
  • Possibility for the state to cede arable land to national enterprises and agricultural firms for agricultural programs and projects.
  • Main opportunities exist in the;
  • Transformation of cocoa and coffee, tea, sugar, maize, millet, sorghum, bananas and oil-palm, rubber, tubes for exports.
  • Setting up of large agricultural plantations within these sectors.
  • Installation of small and medium enterprises for processing agricultural products for the local market.