Faced with rising merchandise flows and regional food security requirements, the establishment of high-performance storage infrastructure has become imperative to reduce vessel turnaround times at the quay and limit logistics overcosts. 

It is within this dynamic that the Kribi Autonomous Port (PAK) and the Kribi Oil and Grain Terminal consortium (KOGT S.A.), bringing together Cameroonian, Swiss, and Turkish capital, signed a memorandum of understanding on October 9, 2026, for the construction of a terminal dedicated to agricultural and agro-industrial products. The event was also marked by the designation of BGFIBank Cameroon as the exclusive arranger for the financial structuring.


With a total estimated amount of 50 billion CFA francs, the project will be financed up to 20% through equity by the promoters, while the remaining 40 billion CFA francs will be raised from lenders under the leadership of the banking institution.

Established on a 9.2-hectare site at the multi-purpose quay under a 20-year renewable Temporary Occupation Authorization (AOT), the future complex will offer a storage capacity of 102,000 tonnes via 17 metal silos. The logistics setup will be complemented by four warehouses representing up to 40,000 pallet slots, a parking area for heavy transport, and maintenance infrastructure.


Driven by the port's general management under the leadership of Patrice Melom and by the top management of BGFIBank Cameroon led by Abakal Mahamat, this infrastructure aims to accelerate unloading rates upon its operationalization slated for 2029.

BGFIBank Cameroon's involvement draws on proven expertise in port development, notably the storage facilities already financed on the Port of Douala's land area. With a balance sheet exceeding 710 billion CFA francs and share capital recently raised to 50 billion CFA francs, the institution reaffirms its role in supporting major equipment projects. 


Beyond strengthening logistics fluidity for Cameroon and the sub-regional hinterland, the construction phase and subsequent operation of the Kribi terminal are expected to generate nearly a thousand direct and indirect jobs, thereby consolidating the local economic fabric.


Nlend Flore

Tags: port de kribi terminal agricole stockage céréales investissement cameroun bgfibanck logistique portuaire sécurité alimentaire financement projet emplois cameroun infrastructure portuaire