15, April 2025
CDC banana exports hit 10,400 tons in Q1 2025 0
The Cameroon Development Corporation (CDC) exported 10,400 tons of bananas between January and March 2025, according to data from the Banana Association of Cameroon (Assobacam). This is the company’s best quarterly performance in seven years.
The last time CDC reached this first-quarter level was back in 2018, when it shipped 11,631 tons. Later that year, the company was forced to halt operations due to the escalating Anglophone crisis in the South-West and North-West regions. Armed separatist groups took over CDC plantations, turned some into operational bases, destroyed infrastructure, and killed staff. By September 2018, the company had completely stopped exporting bananas.
CDC resumed activities in June 2020, after nearly two years of shutdown. But recovery was slow. In Q1 2021, it exported just 5,317 tons of bananas. That number dipped to 4,541 tons in Q1 2022, then rose to 7,289 tons in 2023 and 7,712 tons in 2024. Breaking past 10,000 tons this year signals real progress, driven by the gradual reopening of CDC’s abandoned banana farms in 2021.
The return to form is tied closely to improved security in the region and renewed support from the government, CDC’s sole shareholder. Since 2021, the state has been working to stabilize the company and help it recover.
In a speech delivered on January 15, 2025, in Buea, South-West Region, Finance Minister Louis Paul Motazé explained how the government stepped in to address the company’s heavy debt load. He announced that the state reached a deal with two local banks—Société Générale and AGF Bank (formerly Banque Atlantique Cameroun)—to take over and restructure CDC’s social and wage-related debt.
“The state, through a debt takeover agreement, transferred CDC’s debt of CFA59.8 billion to the two banks. This included CFA35.4 billion in unpaid wages and CFA24.1 billion in social security contributions. As part of the deal, CFA20 billion was paid to workers in 2024, and the remaining CFA15 billion will be paid this year. The tax debt of CFA31.8 billion was converted into CDC equity,” the minister said.
With the final wage payments expected in 2025—covering all salary arrears as of June 2023—CDC may finally get the breathing space it needs. There is also a broader effort underway. According to Paul Tasong, Minister Delegate at the Ministry of the Economy, the government is currently in talks with international partners to secure funding for CDC.
Source: Business in Cameroon



















15, April 2025
Pope Francis transfers Cameroonian-born Nigerian Apostolic Nuncio in Sri Lanka to Ethiopia 0
Pope Francis has transferred Cameroonian-born Archbishop Brian Udaigwe, who has been serving as Apostolic Nuncio in Sri Lanka to Ethiopia.
The Addis Ababa-based Apostolic Nunciature has been vacant since May 2024, when the Holy Father transferred Archbishop Antoine Camilleri to Cuba.
The latest appointment of Archbishop Udaigwe, a Nigerian national who previously served as the representative of the Holy Father in Benin and Togo was made public on Saturday, April 12, by the Holy See Press Office.
Born in Brian in July 1964 in Cameroon’s Catholic Diocese of Buea, Archbishop Udaigwe was ordained a Priest in May 1992 for the Catholic Diocese of Orlu in Nigeria.
He joined the diplomatic service of the Holy See in 1994. The holder of a Doctorate in Canon Law served in the Apostolic Nunciatures in Zimbabwe, Ivory Coast, Haiti, Bulgaria, Thailand, as well as in the United Kingdom before he was appointed Apostolic Nuncio.
While Pope Benedict XVI appointed him Apostolic Nuncio to Benin in February 2013, assigning him the Titular See of Suelli, his Episcopal Consecration on 27 April 2013 took place at the start of Pope Francis’ Papacy.
Archbishop Udaigwe, who officially presented his credentials in Benin in June 2013 was the following month appointed the representative of the Holy Father in Togo.
Pope Francis appointed him Apostolic Nuncio to Sri Lanka in June 2020.
Source: AciAfrica