NWCA General Manager Timothy Waindim encourages consumption of local coffee to uphold import substitution policy
The General Manager of the North West Cooperative Association - NWCA Ltd, in prescribing strategies to economically transform the North West region, has laid emphasis on the consumption of home grown products like Kola Coffee among others.
As the Economic Forum goes on break after the first Panel discussion of day one, Mr Timothy Waindim took advantage of the spotlight accorded NWCA Ltd. as one of the gold sponsors to shine a light on Kola coffee which is one of the key products of the corporation, being cultivated and consumed locally, and being exported as well.
He presented a strong argument that consuming locally made products like Kola Coffee will prevent capital flight and support the economy of the North West.
Consuming local products like Kola Coffee according to him, will be boost the efforts of local farmers who are either directly or indirectly involved in it's cultivation.
This, in other words will mean that proceeds from the trade will stay and circulates within the region and country, empowering the local economy financially.
The North-West Economic Forum, coming at a time when the conflict in the region has sent many businesses packing, the North West Cooperative Association, remains one of those structures that has been resilient and steadfast in it's activities.
Participants at the forum had the opportunity to sip the Kola coffee and visibily were satisfied with the aroma of the product.
Placed under the distinguished patronage of the Head of state Paul Biya, the first ever North-West Economic Forum is an initiative of the North West Regional Assembly.
A fruit of the North West Development and Investment Fund (NOWEDIF) and the North West Digital Association (NOWEDA), holding under the theme 'From Resilience To Renaissance: Strategies for the economic transformation of the NW region'.
Background Info on NWCA
Birthed in 1950 with just one Cooperative Society, the number later increased in 1953 to five. By then it was known as the Bamenda Provincial Cooperative Produce Marketing Union. The union evolved until 1978 when the North West Cooperative Association Limited was formed with 11 affiliated union, involving over 35 farmers producing mainly coffee among other crops for export. After restructuring in 2005, NWCA now has 7 unions and 43 societies with it's main activity being the collection, processing and marketing of coffee and cocoa.
By Martial Gnoukapasir
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