Semry Bleeds Nearly CFA8 Billion in Rice Losses Over Four Years
[Business in Cameroon - Cameroon] - 30/06/2025
Domestic rice production in Yagoua, Far North Cameroon, is dragging state finances into the red. From 2018 to 2021, the Yagoua Rice Cultivation Expansion and Modernization Company (Semry) lost CFA7.799 billion, despite receiving CFA2.8 billion in public subsidies. A recent audit by the Chamber (…)
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