Signature of a loan agreement of 100 billion CFAF between the Port Authority of Douala (PAD) and Lenders.

Chazai Wamba is particularly honored to have assisted as legal counsel the Port Authority of Douala (PAD) in the negotiation of a loan agreement of 100 billion CFAF which was signed on November 11, 2022.

This syndicated loan intended to refinance the existing bank debt of the PAD and to finance priority investment projects, was structured by ASCA – Attijari Securities Central Africa as mandated lead arranger, with the following lenders Access Bank (Cameroon) Plc, Afriland First Bank, Bange Bank Cameroun, BICEC, Commercial Bank Cameroon, CCA BANK, Ecobank Cameroun, SCB Cameroun and Société Générale Cameroun.

We warmly thank all the PAD team for their trust in this historic operation for the Port of Douala.

Our team led by Aurélie Chazai was composed of Freddy Mooh Edinguele, Vanina Fonga and Jean Baptiste Tsanga.

The PAD was also assisted by KPMG Afrique Centrale as financial advisor to the transaction.