Yaoundé - 09 August 2020 -

Luc Magloire Mbarga Atangana and Ernest Ngwaboubou visit Prometal Acierie

Luc Magloire Mbarga Atangana and Ernest Ngwaboubou visit Prometal Acierie
  • Comments   -   Friday, 18 May 2018 16:01

(Business in Cameroon) - Luc Magloire Mbarga Atangana, the minister of commerce and his peer at the mining department Ernest Ngwaboubou, visited the Douala based company Prometal Acierie.

During their visit, the two officials discovered that to melt the metal, the company uses furnaces operating at a temperature of more than 2,000 degrees. Apart from those furnaces, Prometal also presented a furnace valued at CFA21.1 billion.

The company revealed that since 2010, it has been able to produce more than 50 steel products respecting national and international standards in the framework of a public-private partnership, thanks to these equipment. Also, with its production capacity of 200,000 tons per year, Prometal has become the leading steel producer in Sub Saharan Africa.

The mines minister then congratulated the company for the quality products it has been delivering to partners in the metal material and public works sector.

Let’s note that in the future, Prometal Acierie will transform Mbalam iron mine (with a potential of 200 billion tons of ore) and Akom 2.


Cameroonian insurance company Chanas Assurances, majority-owned by National Hydrocaborns company SNH, informs that it recorded XAF683.4 million of net...
On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...

Mags frontpage

Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon

Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”

Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns

Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »