The MoU was signed last April 17, 2019 in the Conference Room of the Ministry of the Economy, Planning and Regional Development by Minister Alamine Ousmane Mey and the Chief Executive Officer, CEO of Tree Global Global, Gregory Hess to launch feasibility studies for the creation of a high-tech industrial tree and distribution system for high-performance tree seedlings in Cameroon.

Speaking at the occasion, Mr Gregory Hess promised that once the company is created, “We will be able to restore at least 60,000 hectres of degraded agricultural and forestry lands every year; increase farm productivity by 2-4 times in crops such as cocoa, coffee and cashew; triple farmer incomes and diversify sources of farmers’ income. Create not less than 3,000 rural jobs in the tree nursery supply chain; strengthen community resilience to climate change; attract millions of foreign investments in eco-tourism; generate more revenue into government coffers etc.”

Justifying that their move was triggered by the fact that Cameroon, like many other African countries South of the Sahara, faces serious challenges in agro-forestry and environmental sustainability; thereby diminishing productivity in tree crop production like cocoa, he explained that, “the agreement is aimed at breaking a vicious cycle where productivity per hectre is very low and has not changed in 100 years with low productivity farming expanding on the backs of farmer poverty and severe deforestation. The pressure on the forest accelerates the impact of climate change which further reduces productivity of soils.”

To the CEO, “the availability of high quality tree seedlings is the single biggest driver of tree crop productivity, forest restoration and carbon sequestration as business as usual cannot meet these challenges unless through concerted effort across ministries, public establishments and private sector operatives.

He explained that “The impact of High Performance Tree Seedlings is transformational. In cocoa in Ghana for example, we have been able to increase survival rates on cocoa farms from 40% to greater than 90%; generate 50% gains in height and calliper at one year of age; and achieve first pod yields in 15-18 months.”

He said Tree Global as “a company that builds state -of -the –art nursery facilities by applying advanced growing technologies to produce high performance tree seedlings of all species to enable the trees consistently achieve their full genetic potential, will be able to produce at least 50 million high performance tree seedlings per year; create and support 500 locally owned rural businesses, called seedling distribution centres.”

The MINEPAT boss, Alamine Ousmane Mey who was flanked by the Minister of Agriculture and Rural Development and the Minister Delegate to the Minister of Economy, Paul Tasong saluted the initiative and described it as a substantial gains from President Biya’s drive to transform Cameroon’s agric sector by making it a base for industrialization in the country’s strive for emergence by 2035.