EIB banana loan to Cameroon
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CTA. 2003. EIB banana loan to Cameroon. Agritrade, January 2003. CTA, Wageningen, The Netherlands.
Permanent link to this item: http://hdl.handle.net/10568/52525
On December 13th the European Investment Bank...
On December 13th the European Investment Bank announced a €8 million risk capital loan for the financing of three banana plantations belonging to the French group Compagnie Fruitière in Cameroon. The loan will finance measures aimed at increasing productivity through improved varieties, enhanced plantations infrastructure and environmentally friendly production methods. In addition provision is made for educational and health facilities on the plantations. The loan is deployed in parallel with the European Commission's structural aid to the Cameroon banana sector. The remuneration of the loan is linked to the project's performance.