Cameroon’s dairy company increases its capital by over one billion FCFA

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Cameroon’s dairy company increases its capital by over one billion FCFA

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- Thursday, 07 May 2015 07:39

(Business in Cameroon) - Société camerounaise des produits laitiers, more known as Camlait, recently increased its social capital for over one billion FCFA. This was revealed in a notice recently published by the agro-industrial company.

The company’s capital rose from a little over 2.2 billion FCFA to over 3.3 billion FCFA. The increase in capital was done by creating “111,138 new 10,000 FCFA shares to be issued by incorporating the revaluation reserve.”

A small limited liability company founded in 1972 with 15 million FCFA in capital, Camlait, which has been dominating the Cameroonian dairy market for several years (especially yogurt), also has a subsidiary in Central African Republic and also sells its products in Gabon and Congo.

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