Cameroon Launches AgriConnect Pact to Mobilize 1.119 Trillion FCFA for Agriculture
On October 21, 2026, Cameroon launched the AgriConnect Pact in Yaoundé, aiming to mobilize 1.119 trillion FCFA to transform agricultural value chains and reduce imports by 30%. This initiative follows the challenges faced by the previous import-substitution plan, which secured only 8% of its funding. The World Bank is supporting this new strategy to enhance agrobusiness and create jobs.
Background of the Initiative
The AgriConnect Pact was officially launched on October 21, 2026, in Yaoundé, Cameroon. This initiative aims to address the shortcomings of the previous import-substitution plan, which struggled to secure adequate funding, achieving only 8% of its financial goals. The new pact is designed to revitalize the agricultural sector by focusing on eight priority value chains, thereby enhancing productivity and sustainability.
The initiative is part of a broader strategy to transform the agricultural landscape in Cameroon. The government aims to make agrobusiness a significant driver of employment and income generation. By targeting specific value chains, the AgriConnect Pact seeks to streamline agricultural processes and improve market access for local producers.
Financial Goals and Support
Cameroon is looking to mobilize a total of 1.119 trillion FCFA through the AgriConnect Pact. This ambitious financial target is crucial for implementing the planned transformations in the agricultural sector. The initiative is expected to significantly reduce the country's reliance on imported agricultural products by 30%, thereby enhancing food security.
The World Bank is providing support for the AgriConnect initiative, which underscores the importance of international partnerships in achieving national development goals. The collaboration aims to ensure that the funds are effectively utilized to boost agricultural productivity and sustainability, aligning with global best practices.
Expected Impact on Agriculture
The AgriConnect Pact is expected to have a transformative impact on Cameroon’s agricultural sector. By focusing on enhancing value chains, the initiative aims to create jobs and increase incomes for farmers and stakeholders involved in the agricultural supply chain. This could lead to a more resilient agricultural economy capable of withstanding external shocks.
Moreover, the initiative is anticipated to foster innovation and investment in agricultural technologies. By improving access to resources and markets, the AgriConnect Pact could stimulate growth in the agrobusiness sector, ultimately contributing to national economic development and food security.
Couverture par les sources (2)
Le Cameroun cherche 1 119 milliards FCFA pour relancer sa stratégie agricole après les déboires du Piisah
Avec à peine 8% de financement mobilisés, le plan d’import-substitution 2024-2026 a pâti de contraintes de trésorerie mais Yaoundé vient de présenter une autre version baptisée le ''Pacte AgriConnect''.
Pacte AgriConnect : plus de 1 119 milliards de FCFA à mobiliser pour transformer les chaînes de valeur agroalimentaires et réduire les importations de 30 %
Le Cameroun a officiellement signé et lancé le Pacte national AgriConnect, ce 21 octobre 2026 à Yaoundé. L’initiative qui bénéficie de l’appui du groupe de la Banque mondiale cible 8 chaînes de valeur prioritaires et ambitionne de faire de l’agrobusiness un véritable moteur d’emplois, de revenus ...
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