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Rice farming: the Kuwaiti Fund will invest 20 million dollars

02/12/2022
Categories: Raw materials

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In order to promote rice cultivation, initiatives are multiplying in Cameroon. Indeed, the Kuwait Fund for Development (FKD) has announced an investment of 13 billion FCFA (20 million dollars) for the rice value chain development project in Cameroon. The aim is to improve local production and reduce imports of this consumer commodity. The agreement relating to this financing, which is currently being finalized, according to the Ministry of Agriculture and Rural Development, takes into consideration all stages of the project.

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