Infos Business of Thursday, 22 January 2015

Source: Journal du Cameroun

Cements of Africa Cameroon SA increases share capital to FCFA 5b

With a startup capital of 3 billion CFA francs in 2014, the shareholders have added 2 billion CFA francs.

The Cameroon subsidiary of cements of Africa (CIMAF), property of the Moroccan group Addoha, which launched a cement plant last year in Douala, increased its capital, bringing it to 5 billion CFA francs.

This increase of the capital of CIMAF - Cameroon SA is made "by means of compensation for claims associated current account". The new shareholders acquired 666.67 new actions created for the needs of this capital increase.