Agence Ecofin TikTok Agence Ecofin Youtube Agence WhatsApp

Agriculture

Cameroon: Camlait invests 3 billion CFA Francs to set up dedicated production line

Wednesday, 30 September 2015 04:54

(Ecofin Agency) - The arrival of companies such as Dolait and Royal Crown on Cameroon’s yoghurt market has made it quite competitive for the Cameroonian dairy company, Camlait, which in response decided to diversify its line of products, thus introducing soya-based products. To this end, the firm invested 3 billion FCFA to set up a dedicated production line.

“Demand growth for yoghourt is so significant (25% per year) that rivals end up installing themselves in the long term. Therefore, to survive this fierce battleground, we are forced to turn to other growth drivers”, says Camlait’s CEO, Paulin Toukam Zuko, who also revealed that production costs for soya-based yoghourt were 50% less than the one made using milk.

Using soya in producing its yoghourt is, truly, a strategic choice the Cameroonian agro-food made, as the company now intends on deriving 65% of its revenues from the soya-based products. A great choice indeed as soya is produced locally unlike milk which is imported at high costs.

 
Finance


 
Mining


 
Telecom


 
Public Management


ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

AGENCE ECOFIN
Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

EDITORIAL TEAM
redaction@agenceecofin.com

ADVERTISING SALES
Benjamin FLAUX
bf@agenceecofin.com
Tél: +41 22 301 96 11
Mob: +41 78 699 13 72

 

Please publish modules in offcanvas position.