Governance

Corporate governance

A structured governance for an industrial project

Presidency, Specialized Committees, OHADA compliance and alignment with international development banks' standards.

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Official legal identity

Notarial incorporation on 27 April 2021


Zeideal Group is a multi-shareholder simplified joint-stock company (SAS) under Cameroonian law, governed by the OHADA Uniform Act on the law of commercial companies and economic interest groupings (AUSCGIE). Its incorporation was authenticated before Maître Gilbert NKENE ENDONG, Notary at the 6th Charge of the Tribunal de Première Instance of Yaoundé-Ekounou, on 27 April 2021.

Institutional corporate identity

Corporate nameZEIDEAL GROUP SAS
Legal formSimplified joint-stock company (SAS), multi-shareholder
Legal frameworkOHADA Uniform Act — AUSCGIE
Date of incorporation27 April 2021
NotaryMaître Gilbert NKENE ENDONG (Yaoundé-Ekounou)
Registered officeYaoundé, Carrefour Ekoumdoum, BP 14740
Term99 years from registration
PresidentMr. BINGONO BINGONO Expédit

Corporate purpose

Statutory activities


In accordance with Article 2 of the articles of association, Zeideal Group conducts, in Cameroon and abroad, all of the following activities:

  • · Equity holdings
  • · Financial and administrative intermediation
  • · Fundraising
  • · Project structuring, evaluation, maturation, monitoring and execution
  • · Portfolio management
  • · Representations
  • · Construction and public works
  • · Legal and tax advisory
  • · Service provision
  • · Various services
Zeideal Group SAS shareholding structure - 8 corporate shareholders

The founding consortium

Eight shareholding companies with complementary expertise


Zeideal Group's shareholder base brings together eight Cameroonian and international companies, whose expertise covers the entire value chain of an integrated agro-industrial project: agricultural operations, real estate, fisheries cooperative, media, engineering, advisory and services. This diversity of skills constitutes a strategic advantage for structuring and conducting complex industrial projects in Cameroon and across the CEMAC zone.

The consortium companies

  • · ZEIDEAL AGENCY
  • · ZEIDEAL FARM
  • · COPROPIS COOP-CA
  • · ZEIDEAL SCI
  • · ADB NEWS SARL
  • · AFRICA DEVELOPMENT BUSINESS NEWS TELEVISION
  • · ASSOCIATION AFRIK INVEST
  • · A-B CORPORATION SARL
Zeideal Group SAS institutional org chart

Executive management

The strategic decision-making body


In accordance with Chapter IV of the articles of association (Article 14), the Company is led by a President, an individual shareholder, appointed by collective decision of the shareholders. The President initiates collective decisions, executes them, and is vested with the broadest powers to act in any circumstance on behalf of the company within the scope of the corporate purpose. The President represents the company vis-à-vis third parties.

The PROAQUI project is carried legally by a dedicated project company, ZEIAQUA-INDUSTRIE SA, a subsidiary of Zeideal Group SAS under incorporation within the OHADA AUSCGIE framework. This Special Purpose Vehicle structuring isolates project risks, secures the pledgeability of assets for lenders, and enables shareholder agreements protecting founding sponsors and co-investors. Operational leadership of the project is entrusted to Mr. NKODO Anicet, PROAQUI Project Director.

Official photo
to be published

President

Mr. Bingono Bingono Expédit

President of Zeideal Group SAS, for an indefinite term. Cameroonian national.

Full professional biography to be published shortly.

Director photo
(to be published)

Chief Executive Officer

Mrs. Marie Paul BALLA

Chief Executive Officer of Zeideal Group SAS, in charge of the operational implementation of the group's strategy and of the PROAQUI project.

Full professional biography to be published shortly.

Director photo
(to be published)

Chief Administrative & Financial Officer

Mr. ETOA BINGONO Arthur

Chief Administrative & Financial Officer, financial steering of the group and operational focal point for the PROAQUI project with lenders.

Full professional biography to be published shortly.

Director photo
(to be published)

PROAQUI Project Director

Mr. NKODO Anicet

PROAQUI Project Director, in charge of the project's operational leadership and of coordinating the ecosystem of technical and financial partners.

Full professional biography to be published shortly.

Specialized committees

Seven committees emanating from collective decisions


Internal and external audit

Audit Committee

Mission: oversees accounts, internal controls, Big 4 external audits and OHADA compliance. Quarterly reporting to shareholders.

Composition: 3 directors including at least one independent member with recognised financial expertise.

Environmental and social performance

ESG Committee

Mission: monitors the Environmental and Social Management System (ESMS), IFC Performance Standards compliance, the grievance mechanism and lender reporting.

Composition: 3 members including 1 independent ESG expert.

HR and compensation policy

Compensation Committee

Mission: defines the compensation policy for executives and key managers, proposes incentive plans, oversees compliance with market standards.

Composition: 2 independent directors + the President.

Risk mapping and control

Risk Committee

Mission: identifies, assesses and prioritises risks (operational, financial, currency, climate, aquaculture health); oversees the risk map and mitigation plans.

Investment decisions

Investment Committee

Mission: reviews structuring investment commitments, CAPEX trade-offs and major financing decisions before submission to the shareholders' collective decisions.

Integrity and ethics

Ethics Committee

Mission: ensures compliance with the code of conduct and anti-corruption policy, prevents conflicts of interest, and oversees the internal whistleblowing mechanism.

Legal and regulatory compliance

OHADA Compliance Committee

Mission: ensures compliance with the OHADA framework (AUSCGIE, revised SYSCOHADA) and sector obligations, and safeguards the quality of institutional reporting.

Ethical framework

An enforceable, auditable ethical foundation


Code of conduct

Internal enforceable document covering conflicts of interest, use of insider information, supplier relationships and dealings with authorities. Individual signature by each employee and director.

Anti-corruption policy

Compliant with international frameworks (FCPA, UK Bribery Act, OECD). Counterparty due diligence procedures, payment controls, mandatory annual training for managers.

Regulated agreements

Strict regulation of agreements between shareholders and the company: prohibition of loans, overdrafts and cross-guarantees. This discipline protects the Group's financial independence and extends to spouses, ascendants and descendants of shareholders.

Internal whistleblowing mechanism

Secure channel (grievance@zeidealgroup.com) accessible to employees, suppliers and third parties. Anonymity possible. 30-day response commitment. Quarterly reporting to the Audit Committee.

Governance documents

To go further

SAS articles of association, Shareholders' Agreement, Code of Conduct — available to qualified investors under non-disclosure.