Here are the top 5 Entrepreneurs in Cameroon who distinguished themselves by their zeal and great desire to succeed. They have a great impact in today’s society.
1. BABA Ahmadou Danpullo
From humble beginnings as a truck driver to ascending as owner of Ndawara Tea Estate, the largest privately-held tea estate in West Africa, Baba Ahmadou Danpullo’s journey is indeed a testament to his remarkable impact on the business realm. In strategic extension, he holds a substantial share in Nextel, a strategic collaboration between Nextel Global Investment JSC and Best Invest Cameroon. His entrepreneurial achievements ranks him as the wealthiest individual in the Cameroon territory and largest employer with over 3000 Fulani workers, making his story nothing short of inspirational and a boost force to the Cameroon population most especially the youth.
2. Dr Paul Fokam Kammogne
Known as the Banking expert, Dr Paul K Fokam is currently the Chairman of the Board of Trustees of Afriland First Bank Group, name in 2002 while initially created in 1986 as CCEI Bank. A full service bank in Cameroon, with subsidiaries in 12 countries.
As a drive for economic development in rural areas, Dr. Paul K Fokam conducted and concluded studies on a micro banking which led to the creation of Mutuelle Communautaire de Croissance MC2 Banks in 1992. Today MC2 Banks are spread all over Cameroon and across several countries.
He expand his achievements by been the Founder of the Pan-African TV channel VOX Africa in 2006, a bilingual information TV channel present in eight countries across West and Central Africa.
With his expertise in Leadership and Strategy, He Created the PK Institute of Excellence, a Higher learning Institution that is considered today as an African incubator for world-class leaders.
He is indeed not just a bank of knowledge that keeps on raising the Cameroon flag high, his institutions has alleviate poverty by employing a mass number of Cameroonian.
3. Samuel Foyou
The first 5-star hotel owner (Crystal Palace chain in Douala) and owner of (Brasserie), He notably controls the Cameroonian Fermentation Company (Fermencam) and Unalor, a match production company which he acquired from the late billionaire Victor Fotso in 2006 and 2009 respectfully.
Owner of Plasticam, Sotrasel (producing table salt), Biscuiterie Samuel Foyou (BSF), Moore Paragon printing press, and First Industry Cosmetics (Fico Industry).
His recent achievement of 2023, been the launch of the Africa Golden Bank, approved by the banking sector regulator in the CEMAC region, COBAC, makes his business portfolio very significant to the entrepreneur sector in Cameroon. Samuel Foyou is indeed a role model in the Cameroon economy and business milieu.
4. Nana Bouba
The self-made-man and empire owner that has tentacles in food and beverages, retail and property business. His company, Azur, produces the eponymous refined oil and household soap, which are used every day all over the country and even beyond Cameroonian borders.
It is on this business that Bouba turned his full attention after selling the Nana Bouba Company (Nabco), which used to produce the Planète fruit juice and Opur mineral water. In Adamaoua, Bouba owns a ranch with hundreds of thousands of cattle and he recently started trading in oil business by purchasing a gigantic industrial oil palm plantation in the Littoral region. The plantation should supply a refinery which he also owns in Douala and help reduce importation of oil.
5. Sylvestre Ngouchinghe
All hail the king of the frozen fish industry, former small shop owner from the West region now controls nearly 80% of Cameroon’s frozen fish market. He is the vision behind Congelcam, an import company that supplies frozen fish.
Ngouchinghe fish industry helps fight against the high cost of living and his near-monopoly in the local market, has made him an essential partner of the State in terms of fish supplies to the Cameroon population, as well.
All these important promoter of economic advancement and vision driven businessmen have greatly accentuated the entrepreneurial sector of Cameroon by exploiting its rich raw material and, providing Made in Cameroon quality refined goods that has been benefiting its population, while reducing importation rate.
