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Yaoundé - 09 May 2024 -
Trombinoscope

The Monkam Family's Legacy in Hospitality and Beer

The Monkam Family's Legacy in Hospitality and Beer

(Business in Cameroon) - On April 23, 2020, Cameroon’s Prime Minister, Joseph Dion Ngute, inaugurated the new La Falaise Bonapriso hotel. Located in the upscale Bonapriso neighborhood of Douala, Cameroon’s economic capital, it’s the third hotel of this hotel chain in the city. With a "4-star" rating, La Falaise Bonapriso offers 126 rooms, 12 suites, and 12 luxury apartments with a view of the Wouri River. This investment, bequeathed to his family by billionaire Jean Pascal Monkam, who passed away in February 2021 in South Africa, created 200 direct jobs. This country also houses the most impressive hotel collection of the Monkam family, in addition to its Cameroonian chain, consisting of three establishments in Douala and one in Yaoundé. While better known for its hotel ventures in Cameroon and Nelson Mandela's country, the late Jean Pascal Monkam built his fortune in the distribution of brewery products in Cameroon. For decades, his conglomerate has controlled the distribution of products from the Société Anonyme des Boissons du Cameroun, serving as an essential intermediary with consumers.