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

Amindeh Blaise Atabong

Amindeh Blaise Atabong is a freelance reporter who studied advanced financial journalism at the University of the Witwatersrand, Johannesburg. He has a proven track record of delivering high-impact reporting for esteemed local, regional, and international news organizations, including Reuters, Quartz Africa, Mail & Guardian, Semafor Africa, The Times, and African Argument. Amindeh's expertise has been recognized through several prestigious awards, notably the Kurt Schork Award in International Journalism, and his reporting has often driven markets and sparked meaningful conversations.
  • 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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