Cameroon Development Corporation

Last updated
Tea produced by the CDC Tole-tea-front.jpg
Tea produced by the CDC

The Cameroon Development Cooperation (CDC), formerly known as the Commonwealth Development Cooperation, is one of Cameroon's major exporters and employers. The company was formed in 1947, for the purpose of developing and running plantations of tropical crops in the country. The CDC is an agribusiness company and its general offices are based in Bota, Limbe. Its principal products include rubber, oil palm, bananas, coconuts, tea, etc.

The CDC is the largest employer in Cameroon and has helped the "bottle neck" Cameroonians and the country in a cultural way. Most of the first workers in Cameroon worked on its plantations. From wages earned on these plantations, millions of Cameroonians have received an education on the corrupt nature of the leadership.

The CDC operates in groups, with each group controlling its own crop. For example the Group Palms Management is in charge of palm tree planting, growing, harvesting of palm fruits and the production of palm oil for export and local consumption.

Staff operates in 3 levels: Senior service, intermediate service and Laborers.

In 2019, due to the armed conflict in the North West and South West regions of Cameroon, it cut half of its 22,000 jobs. [1] At the end of 2016, its plantations extended over 38,537 ha, including 20,695 ha in rubber trees (Rubber), 13,945 ha in oil palm trees, 3,897 ha in banana plantations. [2]

Related Research Articles

<span class="mw-page-title-main">Cameroon</span> Country in Central Africa

Cameroon, officially the Republic of Cameroon, is a country in west-central Africa. It shares boundaries with Nigeria to the west and north, Chad to the northeast, the Central African Republic to the east, and Equatorial Guinea, Gabon and the Republic of the Congo to the south. Its coastline lies on the Bight of Biafra, part of the Gulf of Guinea and the Atlantic Ocean. Due to its strategic position at the crossroads between West Africa and Central Africa, it has been categorized as being in both camps. Its nearly 27 million people speak 250 native languages and English or French or both.

<span class="mw-page-title-main">Economy of Cameroon</span> National economy of Cameroon

The economy of Cameroon was one of the most prosperous in Africa for a quarter of a century after independence. The drop in commodity prices for its principal exports – petroleum, cocoa, coffee, and cotton – in the mid-1980s, combined with an overvalued currency and economic mismanagement, led to a decade-long recession. Real per capita GDP fell by more than 60% from 1986 to 1994. The current account and fiscal deficits widened, and foreign debt grew. Yet because of its oil reserves and favorable agricultural conditions, Cameroon still has one of the best-endowed primary commodity economies in sub-Saharan Africa.

<span class="mw-page-title-main">South Region (Cameroon)</span> Region of Cameroon

The South Region is located in the southwestern and south-central portion of the Republic of Cameroon. It is bordered to the east by the East Region, to the north by the Centre Region, to the northwest by the Littoral Region, to the west by the Gulf of Guinea, and to the south by the countries of Equatorial Guinea, Gabon, and Congo. The South occupies 47,720 km2 of territory, making it the fourth largest region in the nation. The major ethnic groups are the various Beti-Pahuin peoples, such as the Ewondo, Fang, and Bulu.

<span class="mw-page-title-main">Centre Region (Cameroon)</span> Region of Cameroon

The Centre Region occupies 69,000 km2 of the central plains of the Republic of Cameroon. It is bordered to the north by the Adamawa Region, to the south by the South Region, to the east by the East Region, and to the West by the Littoral and West Regions. It is the second largest of Cameroon's regions in land area. Major ethnic groups include the Bassa, Ewondo, and Vute.

<span class="mw-page-title-main">Limbé, Cameroon</span> Place in South-West, Cameroon

Limbé is a seaside city in the South-West Region of Cameroon. At the 2005 Census, the population was 84,223.

<span class="mw-page-title-main">Olam International</span> Singaporean agriculture company

Olam International is a major food and agri-business company, operating in 60 countries and supplying food and industrial raw materials to over 20,900 customers worldwide. Its value chain includes farming, origination, processing and distribution operations.

<span class="mw-page-title-main">Agriculture in Colombia</span> Economic sector in Colombia

Agriculture in Colombia refers to all agricultural activities, essential to food, feed, and fiber production, including all techniques for raising and processing livestock within the Republic of Colombia. Plant cultivation and livestock production have continuously abandoned subsistence agricultural practices in favour of technological farming resulting in cash crops which contribute to the economy of Colombia. The Colombian agricultural production has significant gaps in domestic and/or international human and animal sustenance needs.

<span class="mw-page-title-main">Agriculture in Indonesia</span> Major industry in Indonesia

Agriculture in Indonesia is one of the key sectors within the Indonesian economy. In the last 50 years, the sector's share in national gross domestic product has decreased considerably, due to the rise of industrialisation and service sector. Nevertheless, for the majority of Indonesian households, farming and plantation remains as a vital income generator. In 2013, the agricultural sector contributed 14.43% to national GDP, a slight decline from 2003's contribution which was 15.19%. In 2012, the agricultural sector provides jobs to approximately 49 million Indonesians, representing 41% of the country's total labor force.

<span class="mw-page-title-main">Agriculture in the Democratic Republic of the Congo</span>

Agriculture in the Democratic Republic of the Congo is an industry in the country of the Democratic Republic of the Congo that has plenty of potential.

Palm oil, produced from the oil palm, is a basic source of income for many farmers in South East Asia, Central and West Africa, and Central America. It is locally used as cooking oil, exported for use in much commercial food and personal care products and is converted into biofuel. It produces up to 10 times more oil per unit area than soybeans, rapeseed or sunflowers.

<span class="mw-page-title-main">Kuala Lumpur Kepong Berhad</span> Malaysian multi-national company

Kuala Lumpur Kepong Berhad (KLK) is a Malaysian multi-national company. The core business of the group is plantation. The company has plantations that cover more than 250,000 hectares in Malaysia and Indonesia. Since the 1990s, the company has diversified its business activities such as resource-based manufacturing, property development and retailing with worldwide presence. The company is listed on the Bursa Malaysia and is Malaysia's third-largest palm oil producer. KLK was ranked 1858th in the 2013 Forbes Global 2000 Leading Companies, with market cap of USD 6.91 billion. In 2014, KLK was ranked 23rd most valuable Malaysia brand on the Malaysia 100 2014 with a brand value of USD 364 million. The late Thong Yaw Hong, (former) secretary general of the Malaysian Treasury, sat on the board of KLK. Lee Oi Hian, the CEO of KLK, is or was chairman of the board of trustees of the Malaysian Palm Oil Council.

<span class="mw-page-title-main">Federal Land Development Authority</span> Malaysian government agency

The Federal Land Development Authority is a Malaysian government agency that was founded to handle the resettlement of rural poor into newly developed areas and to organize smallholder farms growing cash crops.

<span class="mw-page-title-main">Agriculture in Malaysia</span>

Agriculture in Malaysia makes up twelve percent of the nation's GDP. Sixteen percent of the population of Malaysia is employed through some sort of agriculture. Large-scale plantations were established by the British. These plantations opened opportunity for new crops such as rubber (1876), palm oil (1917), and cocoa (1950). A number of crops are grown for domestic purpose such as bananas, coconuts, durian, pineapples, rice and rambutan.

Agriculture in Papua New Guinea has more than a 7,000 years old history, and developed out of pre-agricultural plant/food collecting and cultivation traditions of local hunter-gatherers. Currently around 85% of Papua New Guinea's population lives from semi-subsistence agriculture. 86% of all food energy consumed in Papua New Guinea is locally sourced.

<i>Elaeis guineensis</i> African oil palm, worldwide oil crop

Elaeis guineensis is a species of palm commonly just called oil palm but also sometimes African oil palm or macaw-fat. It is the principal source of palm oil. It is native to west and southwest Africa, specifically the area between Angola and the Gambia; the species name, guineensis, refers to the name for the area, Guinea, and not the modern country now bearing that name. The species is also now naturalised in Madagascar, Sri Lanka, Malaysia, Indonesia, Central America, Cambodia, the West Indies, and several islands in the Indian and Pacific Oceans. The closely related American oil palm Elaeis oleifera and a more distantly related palm, Attalea maripa, are also used to produce palm oil.

<span class="mw-page-title-main">Agriculture in Liberia</span>

Agriculture in Liberia is a major sector of the country's economy worth 38.8% of GDP, employing more than 70% of the population and providing a valuable export for one of the world's least developed countries. Liberia has a climate favourable to farming, vast forests, and an abundance of water, yet low yields mean that over half of foodstuffs are imported, with net agricultural trade at -$73.12 million in 2010. This was dismissed as a "misconception" by Liberia's Minister of Agriculture.

<span class="mw-page-title-main">Cameroon–India relations</span> Bilateral relations

Cameroon–India relations refers to the international relations that exist between Cameroon and India. The High Commission of India in Abuja, Nigeria is concurrently accredited to Cameroon. India also maintains an Honorary Consulate in Douala. Cameroon has no diplomatic mission in India.

SOCFIN Group, also known as the Société Financière des Caoutchoucs is a holding company listed on the Luxembourg Stock Exchange, it has direct and indirect interest in oil palm and rubber plantation operations and marketing of oil palm seeds in Asia and Africa. It is majority owned by the Bollore Group of France and the Hubert Fabri family of Luxembourg. The company operates in various countries through managing subsidiaries involved in joint ventures with governments and entrepreneurs. In 2018, it earned revenues from approximately 130,000 ha of palm oil plantations and 64,000 ha of rubber plantations.

<span class="mw-page-title-main">Cameroon–Germany relations</span> Bilateral relations

Cameroon–Germany relations are described as "good" by the German Foreign Office. The two countries share a long common history and Cameroon was a colony of Germany from 1884 to 1918. Also due to German involvement in development cooperation, Germany is "positively perceived" in the country today.

Nasako Besingi is a Cameroonian environmental activist and farmer. He is the Director of the NGO Struggle to Economize our Future Environment (SEFE) located in Mundemba in the South West Region of Cameroon.

References

  1. "La crise sécessionniste oblige la Cameroon development corporation à supprimer 11 000 emplois". La Tribune (in French). Retrieved 2023-01-23.
  2. "English Layout 2021.indd". archive.wikiwix.com. Retrieved 2023-01-23.