Description

ASSOBACAM implements and monitors all operations likely to promote the export and competitiveness of bananas from Cameroon. Its activities include representing and defending the interests of banana sector stakeholders in Cameroon with third parties and national or foreign public authorities, seeking funding and development aid from national, foreign, or international organizations, and compiling statistical export information.

Market Opportunity/ Problem

The company is facing strong competition in the European market. To address this challenge, the company is in the process of improving the quality of its products to compete with Latin America and is in talks with the European Union to freeze the application customs taxes for banana imports from Cameroon

Company Information

Years of operation

33

Type of organization

Partnership

Stage of the business

Mature

Agribusiness focus

Primary production

Agriculture value chain(s) focus?

Food crops

Primary country of operation

Cameroon

Other country(ies) of operation

N/A

How many employees does your business have?

15,000

Does the business have more than 30% women ownership?

No

Does the business have more than 30% youth ownership (under 35 years)?

No

Financing and expansion overview

How much capital is the company currently fundraising (US$)?

> 1m

What is the split between equity and debt?

30% equity 70% debt
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How to engage

Please reach out to us on dealroom@agra.org for any queries or support. The SMEs can be reached directly through the unique link found on their company profile page.