Received in audience by the Minister of Commerce, the round table on the sale of Chococam marks a strategic recomposition of the agro-industrial sector, between economic sovereignty and regulatory requirements.
The Minister of Commerce, Luc Magloire Mbarga Atangana, met on April 20, 2026, with a delegation led by Mandla Langa, South African High Commissioner, and executives of Tiger Brands Limited, including Tjaart Kruger and Thushen Govender. At the heart of the discussions: the sale of 74.69% of Chococam to the Minkama Capital fund, led by Cameroonian investor Fabrice Ndjodo.
Formalized in November 2025, the operation marks the gradual withdrawal of the South African group after seventeen years of structuring presence in the sector. Above all, it opens a new phase, marked by a locally anchored takeover, in line with the authorities’ ambition to strengthen cocoa processing within the territory.
The minister praised Tiger Brands’ industrial contribution, while placing this transition within the strategy driven by Paul Biya: to capture more added value and consolidate a competitive national productive base.
However, the transaction remains subject to several validations: green light from the CEMAC competition commission, exchange authorizations, and tax clearances. The audience specifically aimed to secure this regulatory process.
Ultimately, the parties express a common will: to ensure operational continuity and preserve Chococam’s industrial achievements, while preparing its expansion under African flag.
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