
Dangote Incorporates New Oil and Gas Company in Cameroon
Nigerian billionaire Aliko Dangote has established a new oil and gas company in Cameroon, three months after his group announced plans to develop fuel storage and pipeline infrastructure in the country. The new company, Dangote Oil & Gas Cameroon SA, has a broader mandate that covers everything from fuel imports and distribution to refining and petrochemicals. The company was incorporated on October 28, 2026, with initial capital of CFA10 million and Bertrand Mbouck as CEO. Aliko Dangote is one of its four directors. According to a legal notice published in Cameroon Tribune on October 29, the company is headquartered in Douala's Bonanjo district and has a registered operations center in the Kribi industrial zone. The CFA10 million in initial capital is exactly the minimum required for public limited companies under Article 387 of the Uniform Act of the Organization for the Harmonization of Business Law in Africa (OHADA). The amount therefore provides no indication of how much the company's backers intend to invest in oil infrastructure. The notice also does not identify the shareholders or disclose their respective stakes. The company's establishment follows a proposal presented to the Cameroonian government three ...
How does this affect you?
Get an AI analysis of this article grounded in your jurisdictions, practice areas, and any policy documents you've uploaded to Wansom.
Finish Reading the Full Story and the Expert Analysis.
Wansom is AI and can make mistakes.
