Gabon Sets Up Fund to Purchase Yearly Cocoa, Coffee Harvests
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Gabon set up a fund to purchase cocoa and coffee beans harvested in the central African nation, a move meant to boost the agriculture sector and guarantee an income for at least 3,000 farmers.
The state-run Stabilization Fund, known as Caistab, has made 200 million CFA francs ($334,000) available to buy the yearly harvests, l’Union newspaper reported on its website Thursday, citing the director of the fund, Ismael Ondias Souna.