Search

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

  • 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.

You need an active subscription to continue reading this article.

Recent Business

grant-durr-1Inl7fbfwCI-unsplash
Oil rush drives Namibia’s record $6bn FDI surge
Read More »
Breaking News
Nigeria’s inflation eases ahead of key interest rate decision
Read More »
tina-guina-obV_LM0KjxY-unsplash
Cocoa and coffee surge boosts CEMAC's commodity index
Read More »

Recent Politics

Allen dreyfus Logo
Ghana’s Goldbod CEO under fire for viral cash-gifting video
Read More »
Allen dreyfus Logo
Uncertainty grows as Cote d’Ivoire opposition leader quits race
Read More »
dimitry-b-D3ZojRFM8rI-unsplash
Mozambique pins recovery on gas boom—but Cabo Delgado unrest lingers
Read More »

Latest Posts

Latest news insights