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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn Friday, September 12, 2025, in Douala, the Prime Minister
Cameroonian, Joseph Dion Nguté, presided over the joint ceremony to lay the
first stone and the signing of financing agreements for the plant
aluminium processing by Proalu SA.
The establishment of the aluminum processing plant for the
Proalu SA company, a subsidiary of Prometal Group, the leader in transformation
of steel in Central Africa, will be partially financed by a consortium of
three local banks and Proparco. BGFI Bank, Societe Generale Cameroon,
Afriland First Bank and the AFD subsidiary dedicated to financing the sector
private companies will inject a total of 54.4 billion CFA francs into this project. This
envelope represents 61.8% of the overall cost of the project estimated at 88 billion
FCFA.
The industrial complex under construction in the industrial zone of
Bassa in Douala is the realization of the memorandum of understanding
Investment and commercial contract signed on 13 August
2024 between Proalu SA and the State of Cameroon. The Gabonese banking group
BGFI is injecting the largest envelope of 15.55 billion FCFA into this
project.
the Proalu SA industrial complex contributes to the promotion of the policy import-substitution implemented in recent years by the government of Cameroon
.
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