Gov't revives the registration process for agricultural cooperatives

The Cameroonian Minister of Agriculture and Rural Development (Minader), Henri Eyebe Ayissi, has just announced through communiqué, the restart of the registration process for cooperative societies in the agricultural sector.

Managers of these companies are thus invited to submit, starting from 9 May 2016, their applications to the departmental delegations of the Ministry of Agriculture spread throughout the country.

These registrations were suspended in 2013 due to, we learn, the coming into force in Cameroon of the Ohada common Act on cooperative societies. This act imposed new provisions which did not previously exist in the Cameroonian law.

The relaunch of this process is good news for the cooperatives, since most institutional financing granted to the agricultural sector nowadays in Cameroon go through producers' associations.