23 billion CFA Francs for the coffee and cocoa sector growth
The Stabilization and prequeration Fund (CAISTAB) revealed its national development strategy for the coffee and cocoa sectors. Strategies elaborated as part of the Government’s resolution to boost up the slow national coffee and cocoa production.
According to the Economy Minister, Regis Immongault, the coffee and cocoa branch could dramatically contribute to increase the gross national product (GNP) by offering a considerable added value.
“6 billion CFA Francs will be raised thanks to private public partnership for the development of the coffee and 17 billion CFA Francs for the cocoa” CAISTAB CEO Léopold Ngoulakia to the press.
Gabon intends to be inspired by the great African coffee and cocoa producers (Cameroon, Cote d’Ivoire and Ghana) to set its brand at an international level.
Arsene REBOUKA
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