Aliko Dangote has expanded his group’s presence in Africa’s petroleum industry with the incorporation of a new oil and gas company in Cameroon, extending its operations beyond fuel storage and distribution.
The company, Dangote Oil & Gas Cameroon SA, was incorporated on October 28, 2026, with an initial capital of $17,000 (CFA10 million), according to a report by Africa Oil+Gas Report.
Headquartered in the Bonanjo district of Douala, the company will also maintain a registered operations centre in the Kribi industrial zone.
Bertrand Mbouck has been appointed as its chief executive officer.
The company’s mandate covers several areas of the petroleum value chain, including fuel imports, exports, storage, wholesale trading and distribution.
Its authorised business activities also include the construction and operation of crude oil and natural gas pipelines, petroleum storage depots, marine terminals and facilities for loading and unloading hydrocarbon products.
Beyond these operations, the company is permitted to undertake oil refining, petrochemical production, liquefied petroleum gas (LPG) sales, lubricants and bitumen distribution, as well as operate filling stations, subject to relevant regulatory approvals.
The expansion builds on Dangote Group’s earlier plans to establish fuel storage and pipeline infrastructure in Cameroon, which were presented to Prime Minister Joseph Dion Ngute in July 2026 by the group’s Vice President, Devakumar Edwin.
The latest incorporation provides a broader framework for the group’s participation in Cameroon’s oil and gas industry.
The move is also part of Dangote Group’s wider strategy to develop petroleum supply and distribution infrastructure across Africa.
In October 2026, the group announced plans to acquire a 25 per cent stake in Kenya Pipeline Company for $327 million, representing approximately 4.5 billion shares.
The group is also pursuing expansion opportunities in Namibia, where it plans to supply refined petroleum products from its Lagos refinery for distribution to neighbouring countries, including Botswana and South Africa.
In East Africa, Dangote is developing a petroleum distribution corridor linking Djibouti to Ethiopia’s capital, Addis Ababa, supported by storage facilities.
