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EU: 116 billion CFA F in the service of Cameroon's agriculture

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Friday, 22 January 2016

EU: 116 billion CFA F in the service of Cameroon's agriculture

Received in audience yesterday by the Minister of Agriculture and Rural Development (MINADER), the Ambassador, Head of the EU Delegation, mentioned the priority given by Europe to rural development. In fact, within the framework of the 11th European Development Fund (EDF), the European Union will provide Cameroon with more than 116 billion CFA F for rural development. This sum represents 63% of the total envelope dedicated to the 11th FED (185 billion CFAF). "We are delighted to be, for the moment, the only funder to have fully brought its rural development project into line with the objectives of the National Plan for Agricultural Investment (PNIA). This project, which will be mainly dedicated to the northern and eastern regions, with an envelope of 70 million Euros (45 billion CFAF), is known as ProRural (Programme of Support for Rural Development)..." explained Ambassador Françoise Collet on leaving the audience with the MINADER.

Source: SEAE