Cameroon: govt to boost agricultural financing over the next 5 years

The Cameroonian government, through its National Strategy for Inclusive Finance (SNFI), announced the disbursement of CFA10.5 billion to boost agricultural…

The Cameroonian government, through its National Strategy for Inclusive Finance (SNFI), announced the disbursement of CFA10.5 billion to boost agricultural financing in the country over the next five years.

“Since farmers’ needs are specific and particular, they require tailored financial services instead of conventional banking services,” the SNFI explained. Part of the money will come from the Public Investment Budget (BIP) and the remainder will be raised from development partners .

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