Committees & Commissions

As part of the Cameroon Committee, ALFA is committed to the third part of the Franco-European FARM initiative, aimed at responding to the risks of food shortages in Africa, particularly following Russia's invasion of Ukraine. During President Emmanuel Macron's visit to Cameroon, ALFA established a partnership with GICAM, the country's employers, in order to identify agricultural and agri-food projects carried out by Cameroonian entrepreneurs, likely to benefit from technical, commercial or financial partnerships. with French companies. Following a call for projects launched by GICAM, 22 initiatives were selected, covering various areas such as plant and animal production and agri-food processing. ALFA facilitated meetings between project leaders and French companies during 17 webinars between June and September 2023.

However, weaknesses were noted, notably insufficient technical files and a reluctance of project leaders to incur additional costs to structure their project. ALFA plans to provide technical assistance to strengthen and structure projects of real interest, but currently not eligible for funding due to their weaknesses.

At the end of 2023 and in 2024, ALFA plans to present the results of its work to GICAM and the French public authorities, highlighting the insufficient preparation of the selected projects and the need for financial support for their structuring, in partnership with businesses and donors.

Testimony

Pierre Arnaud, Trésorier

I spent 30 years in agribusiness in Africa, convinced of its impact on development and the creation of wealth, jobs and support for small farms and SMEs. Agricultural jobs are diversified, favoring training and high wages. However, investment in this sector is often poorly financed, with local commercial and development banks showing little interest, and DFIs reluctant because of the risk and cost. The sectoral programs of major institutions are often technocratic and out of touch with the realities on the ground. For an African agricultural entrepreneur, obtaining financing is an "obstacle course". ALFA is therefore promoting the creation of an ad hoc mechanism with subsidies to finance preliminary studies, cover appraisal costs, support promoters, and set up appropriate means of financing.

Contact us

Please complete this form by completing all required fields. Once your registration is validated, you will receive your connection details by email.
(*) Required fields.

Invalid entry
Invalid entry
Entrée non valide
Entrée non valide
Invalid entry
Entrée non valide
Cookies user preferences
We use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.
Accept all
Decline all
Read more
Unknown
Unknown
Accept
Decline
Functional
Tools used to give you more features when navigating on the website, this can include social sharing.
WebToffee
Accept
Decline
Save