Project description

Construction of a bauxite mine and operation of an alumina refinery, with an annual production capacity of 5 million tons per year. The minerals are exported in two (02) phases. In phase 1, they are exported through the Port of Douala while in phase 2, they are exported through the Port of Kribi.


Issues

Materialize the potential of the Bauxite reserves of the sub-region

Client

Republic of Cameroon


Amount of the transaction

XAF 5 Billion


Mission of FINANCIA Capital

Lead and Financial Advisor of the State of Cameroon for the coordination of the technical assistance to the Steering Committee for the development of the project

Achievements (2013)

  • Supported the Steering Committee in negotiations on all aspects of the implementation of these projects
  • Acted as an interface between the Permanent Secretariat of the Steering Committee and the Government advisors 
  • Ensured global coordination of the missions on legal, technical, and financial advising
  • Provided guidance to the Steering Committee on its requests from the Permanent Secretariat on the progress of the two mining projects in progress
  • Followed up on works of the different advisors 
  • Reviewed periodically the deliverables of these advisors

Project status

In progress