Cameroonian businessman Baba Ahmadou Danpullo has strengthened his position in the country’s logistics sector after Cameroon Continental Merchants Limited, a company long associated with his business group, acquired a 10 percent stake in Africa Global Logistics Cameroon.
The acquisition gives CCML a significant minority position in one of Cameroon’s major transport and logistics operators, linking one of the country’s most prominent local business groups to a company whose operations extend across logistics, port terminals, maritime services and rail transport. The transaction was reported publicly on September 7 and 8, 2026, following the disclosure of legal documentation concerning the share transfer.
CCML Takes 31,575 Shares.
According to the legal notice reviewed by Business in Cameroon and Investir au Cameroun, CCML acquired 31,575 shares in AGL Cameroon. Following the company’s recapitalisation, AGL Cameroon had 315,750 shares, meaning the CCML holding represents exactly 10 percent of the company’s share capital.
The transaction was unanimously approved by AGL Cameroon’s board of directors at a meeting on December 23, 2024. The shares were transferred from Africa Global Logistics to its Cameroonian subsidiary, making CCML a new shareholder in the local company.
The actual purchase price has not been disclosed.
AGL Cameroon’s post-recapitalisation share capital stands at approximately CFA10.621 billion. Based on the nominal value of the shares, the 31,575 shares acquired by CCML have a combined nominal value of about CFA1.062 billion. That figure should not, however, be interpreted as the amount Danpullo’s company paid for the stake.
A Strategic Position in Logistics.
The investment places Danpullo’s business interests directly inside a sector that is critical to Cameroon’s economy.
Logistics companies play a central role in moving agricultural commodities, manufactured goods, petroleum products and other cargo between production centres, ports and regional markets. Cameroon is also seeking to strengthen its position as a trade gateway for Central Africa, making transport infrastructure and logistics capacity increasingly important.
AGL Cameroon is part of the wider Africa Global Logistics group, which operates across several African markets. The business was previously known as Bolloré Africa Logistics before Mediterranean Shipping Company acquired Bolloré’s African logistics operations in December 2022. The business was subsequently renamed Africa Global Logistics in 2023.
Danpullo’s Longstanding Interest in Transport.
The transaction is not Danpullo’s first connection to Cameroon’s transport and port infrastructure.
CCML was previously associated with plans to participate in the ownership structure of a company expected to operate the container terminal at the Port of Douala. Although that proposed structure did not ultimately materialise in the form initially envisaged, it demonstrated the group’s longstanding interest in logistics and port-related investments.
The new AGL Cameroon investment therefore represents a more direct entry into the country’s logistics industry.
With a 10 percent holding, CCML does not control the company. However, the stake gives the local investor a meaningful position in a strategically important business and potentially creates a platform for deeper involvement in Cameroon’s logistics and supply-chain economy.
An Expanding Business Portfolio.
The AGL investment also comes as Danpullo continues to reorganise and expand his business interests.
In July 2026, the businessman launched Danpullo Capital with Swiss investment manager Kessner Capital. The Douala-based venture was created to manage and expand the family’s assets while pursuing investments across Central Africa.
Danpullo has also announced plans for major investments in aviation, including Danpullo Air Line and proposed private airports in Yaoundé and Douala. The projects form part of a wider strategy that extends beyond his traditional interests in agriculture, property and telecommunications.
The acquisition of AGL Cameroon consequently adds logistics to an increasingly diversified investment portfolio.
What the Deal Means for Local Capital.
The transaction is also notable from the perspective of domestic ownership.
Large parts of Africa’s logistics infrastructure have historically been controlled by international companies, reflecting the capital requirements and technical expertise involved in operating ports, transport networks and integrated supply chains.
The emergence of a major Cameroonian investor as a significant shareholder in AGL Cameroon could therefore be viewed as an example of increasing local participation in strategic economic sectors.
However, the 10 percent investment should not be interpreted as a transfer of control. AGL remains part of the broader MSC-controlled logistics network, and the legal documents released publicly do not provide the complete post-transaction ownership structure of AGL Cameroon.
The Bigger Logistics Opportunity.
For Cameroon, the importance of the transaction extends beyond the identity of the new shareholder.
The country is investing heavily in the development of port and transport infrastructure, particularly around the Port of Kribi and major trade corridors. Efficient logistics will be increasingly important if Cameroon wants to capture a larger share of regional trade and position itself as a gateway to landlocked Central African economies.
For Danpullo and CCML, the 10 percent stake provides exposure to that long-term opportunity.
The transaction also signals that local investors are increasingly seeking positions in businesses connected to the infrastructure that supports Cameroon’s trade economy.
A Significant Minority Investment.
The acquisition of 10 percent of AGL Cameroon is not a takeover, but it is a strategically important investment for CCML.
It gives Danpullo’s business group a direct stake in one of the country’s major logistics operators at a time when transport infrastructure, port capacity and regional trade are becoming increasingly important to Cameroon’s economic ambitions.
The price paid for the shares remains undisclosed, and the full implications for AGL Cameroon’s governance and future investment strategy are yet to emerge.
What is already clear, however, is that one of Cameroon’s most established business groups has secured a significant position in a sector that sits at the heart of the country’s domestic and regional trade ambitions.
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