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Cameroon Secures $148 Million Investment for Steel and Metallurgy Cluster in Douala

Amindeh Blaise Atabong

Amindeh Blaise Atabong is a financial journalist with a track record of high-impact reporting.
  • PROMETAL Group to establish industrial complex in Bassa industrial zone
  • Project expected to boost local production, create jobs, and advance import substitution policy

Yaoundé, Cameroon – Cameroon has secured a $148 million investment from Proalu S.A., a subsidiary of the metal processing giant PROMETAL Group, to establish a steel and metallurgy cluster in the Bassa industrial zone, located in Douala, the country’s economic capital.

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