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Cameroonian Billionare planning to invest in massive maize production

5,000 hectares. This is the area on which Cameroonian billionaire, Nana Bouba, is planning to develop modern agriculture in the towns of Wassandé and Djertou, both located in Northern Cameroon, specifically in the Adamaoua region.

But, for the moment, he indicated to the Minister of Agriculture, Henri Eyebe Ayissi, who just visited the modern setup of Nana Bouba the farmer, in which one thousand employees are deployed; only 300 hectares are currently developed and exclusively intended for maize production.

The entry in the maize sector of this industrialist, who is credited with the 6th fortune in sub-Saharan francophone Africa, according to Forbes magazine, should help give a boost to the national production of maize insufficient to meet the needs of the customers.

This arrival in the agricultural world will primarily enable the Nana Bouba group to diversify its activities. As a reminder, this group is already present in Cameroon and in the CEMAC area through the distribution of fast moving consumer goods (Soacam), the food industry (Sagri), processing of oils (Azur) and recently the production of mineral water (Opur).

Brice R. Mbodiam

Concord Newsdesk

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Cameroon Concord  is an online publication covering and reporting on  local and world news, sports, entertainment, politics, business, and religious news. Serving Cameroonians .



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