Prometal secures 26.2 billion FCFA in liquidity from Afreximbank to finance its inputs

Author: Investir au Cameroun PublicationPublished on: September 30, 2026Country: Cameroon

Business & Economy

Prometal secures 26.2 billion FCFA in liquidity from Afreximbank to finance its inputs

Prometal SA, a subsidiary of Prometal Group, secured a renewable liquidity facility of 26.2 billion FCFA from Afreximbank, signed on September 28, 2026, in Cairo. The funding aims to secure raw material supplies, especially steel billets, amid the scarcity of local scrap metal. It will also finance the import of intermediate steel products used in the group's manufacturing plants, supporting its industrial growth.

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