Cameroon Development Corporation
The Cameroon Development Corporation is an agro-industrial complex that grows, processes and markets tropical export crops. It operates in Cameroon in the Central African sub-region. It is a parastatal company with current share capital of 35,718,806,000 FCFA, and its operations are coordinated by the General Manager and governed by a Board of Directors presided by a Chairman. Currently, its plantations cover a total of approximately 42,000 hectares of land, 38,000 hectares is mature and of production stage. The corporation constitutes a workforce of over 22,036 employees, including temporary workers, making it the second highest employer after the state of Cameroon. Its major products include banana, semi-finished rubber, palm oil and palm kernel oil. The CDC operates in groups, with each group controlling its own crop. For example the Group Palms Management is in charge of palm tree planting, growing, harvesting of palm fruits and the production of palm oil for export and local consumption. Staff operates in 3 levels: Senior service, intermediate service and Laborers.