The German cooperation agency GIZ will create an incubator in the Cameroonian cotton / textile sector
(Business in Cameroon) – The German cooperation agency GIZ recently launched a call for tenders for the recruitment of a firm that will help an international consulting firm to set up an incubator in the Cameroonian cotton / textile industry . According to the tender documents, this initiative is part of the overall project named “Sustainability and added value in agricultural supply chains. “ In Cameroon, this project is focused on improving sustainability and added value in the cotton sector, we learn.
“The duration of the assignment is one and a half years between July 1, 2021 and December 31, 2022», Informs the tender dossier.
Interested companies can submit their offers before June 21, 2021 at 4 p.m. at the GIZ regional office in Yaoundé.
The envisaged incubator will network entrepreneurs with technical and financial partners. It aims to support entrepreneurs, startups and already established micro SMEs. This support will take the form of personalized training, technical support, mentoring and coaching, the long-term objective being to help incubates to become professionals with sufficient credibility to facilitate their access to bank loans.
As stated by GIZ, “in Cameroon, there are several micro, small and medium-sized textile manufacturing companies who produce textile products for local and regional markets using cotton. These products include medical and hygienic products, diapers, mattresses, work clothes, traditional accessories, etc. Yet investments are lacking. Hence the need to set up a mechanism to promote local products with added value and create jobs.
The incubator planned by GIZ is part of Cameroon’s 2020-2030 national development strategy (SND20-30). As part of this strategy, the country plans to increase its annual cotton production to 600,000 tonnes by 2025 (compared to 310,000 tonnes currently). In addition, the country plans to increase the volume of domestic production that is processed annually to at least 50% by 2030 and develop a domestic garment production industry to meet at least 50% of the demand for sports and military clothing. Each of these garments should be made of 60 percent cotton, the plan says.
Brice R. Mbodiam