Dibamba Logistics Project Board Approves Financing Talks With AFG Bank

Dibamba Douala Port Logistics Platform (DDLP) has opened financing talks with AFG Bank for the logistics component of the Arise IIP/Dibamba project, which carries an announced investment of CFA160 billion. DDLP’s board approved a term sheet and authorized further discussions with the bank, according to a legal notice that details decisions taken on November 12, 2025. The document does not disclose the amount DDLP wants to raise, the type of financing under consideration or the terms of the proposed deal. It also provides no evidence that the parties have signed a financing agreement. While the announced investment for the Dibamba multimodal logistics platform totals CFA160 billion, the available documents do not indicate that DDLP has asked AFG Bank to provide the full amount. At the same meeting, the board appointed Cyril Lindor as DDLP’s chief executive officer after the resignation of Rahul Mittal. The November 12 decisions were filed for authentication on March 4, 2026. The board also approved DDLP’s 2026 budget and spending framework. The project’s financing later reached the board of the Port Authority of Douala (PAD). At meetings held on May 18, 19 and 21, 2026, ...