First African Company gets its premium

The company received the related check on September 09, 2021 in Douala from the director of the Upgrading Office...


Presentation of the premium to First African Company (FAC)

CFAF 33,125,426. This is the amount of the material investment premium paid by the BMN to the First African Company (FAC). This agro-industry specializing in the production of fruit juices and dairy products received its check on September 9 in Douala during a ceremony chaired by Chantal Elombat Mbedey, director of the BMN, in the presence of Alfred Ndengue, member of the steering committee of the BMN and Martin Ngoutchet, the promoter of FAC.

The presentation of this cheque marks the successful completion of a long process that began on February 5, 2014 with FCC's membership in the National Upgrade Program (PNMAN), followed by the descent into it of a team of MNB experts for a pre-diagnosis, then a team of experts for the realization of its global strategic diagnosis, at the end of which an upgrade plan was formulated and validated on June 26, 2017.

The bonus on material investments granted to FCC by the BMN corresponds to 66.25% of the completion of its upgrade plan. This company producing the "Tampico" brand fruit juice will also receive a premium on intangible shares in the amount of CFAF 37,048,721.

Congratulating the top management of FAC for "the efforts made in recent months", Chantal Elombat Mbedey recalled that "under the PNMAN mechanism, the BMN covers 20% of the cost of material investments made by companies with a ceiling of 50,000,000 FCFA. The BMN also covers 80% of the cost of intangible investments by companies without a ceiling. This is a boon offered to Cameroonian industrial companies by the government. That is why I would like to take the opportunity offered by this forum to reiterate the BMN's call to companies to adhere to the PNMAN and not miss the upgrade train," she said.

The director of the BMN also insisted "on the urgency of finalizing the procedures for the other investments provided for in the upgrading plan" despite the context of the health crisis that has hit many agro-industries hard. This observation is also corroborated by the results of a survey conducted in June 2020 by the MNB. A survey that revealed that 79% of the agri-food industries confirm a decline in turnover of around 58%; and that more than half of them had to reduce their number of employees following the lockdown decision, and that 82% of these industries report a decline in the rate of sale of their products.

As an ambassador for the MNB, the FCC President and CEO told the press that his company has received "multiple support, particularly in terms of training, particularly in terms of training in various areas such as good manufacturing practices, good hygiene practices, budget management, the development of a manual of administrative, accounting, operational and financial procedures. First African Company is resolutely committed to this logic of continuous improvement and with the BMN, and we will not stop there, "said Martin Ngoutchet visibly happy.

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Martin Ngoutchet, CEO of First African Company


"The support of the BMN has enabled us to accelerate our investments"

It is a feeling of joy and gratitude that animates us after receiving this check which is in fact a bonus for all the efforts we have made to improve ourselves and serve our customers products of even higher quality. I would like to thank the BMN and its director for the constant support our company receives. This support has allowed us to accelerate our investments to bring us up to the competition. Nevertheless, we still have a long way to go, and it is in the synergy of actions with the BMN that we will succeed in achieving our fundamental objectives. In this sense, ISO 9001 version 2015 certification, whose certificate is scheduled to be obtained in December 2021, remains one of our priorities.


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  1. Theodory Yana says:

    Felicitations à FAC et au BMN

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