Dangote Plants Its Flag in Cameroon’s Oil Sector With a New Company Built to Import, Refine and Distribute Fuel
Aliko Dangote has set up a new oil and gas company in Cameroon, and its charter is far wider than the fuel storage project the group first pitched.
Dangote Oil & Gas Cameroon SA was incorporated on Oct. 28, 2026, with initial capital of CFA 10 million (about $17,000), the mandatory minimum. Bertrand Mbouck has been appointed chief executive. The company is headquartered in Douala’s Bonanjo district and has a registered operations centre in the Kribi industrial zone.
Its corporate purpose covers the design, financing, construction and operation of pipelines for crude oil, natural gas and refined products, plus storage depots, marine terminals, fuel imports and exports, wholesale trade and distribution, and facilities for loading and unloading hydrocarbons. The incorporation also allows oil refining, petrochemicals, sales of liquefied petroleum gas (LPG), lubricants and bitumen, and the operation of filling stations.
That goes well beyond the storage terminal project presented to Cameroonian Prime Minister Joseph Dion Ngute in July 2026 by Devakumar Edwin, the Dangote Group’s vice president. It gives the company the legal basis to operate at several stages of the oil and gas supply chain, subject to the necessary regulatory approvals.
The move fits a pattern of Dangote investment in petroleum supply infrastructure around Africa. In late October the group announced the purchase of a 25% stake in the state-linked Kenya Pipeline Company, about 4.5 billion shares, for $327 million. In the south, it has picked Namibia as a gateway, with plans to ship refined products from its Lagos refinery to the country and then distribute them to neighbouring markets, including Botswana and South Africa. In the Horn of Africa, it is developing a corridor from Djibouti to Addis Ababa, with a 120-kilometre multi-product pipeline and storage depots holding up to 400 million litres to link the port of Djibouti to landlocked Ethiopia.
Source: africaoilgasreport.com
