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.
Corporate governance
Presidency, Specialized Committees, OHADA compliance and alignment with international development banks' standards.
Official legal identity
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.
| Corporate name | ZEIDEAL GROUP SAS |
| Legal form | Simplified joint-stock company (SAS), multi-shareholder |
| Legal framework | OHADA Uniform Act — AUSCGIE |
| Date of incorporation | 27 April 2021 |
| Notary | Maître Gilbert NKENE ENDONG (Yaoundé-Ekounou) |
| Registered office | Yaoundé, Carrefour Ekoumdoum, BP 14740 |
| Term | 99 years from registration |
| President | Mr. BINGONO BINGONO Expédit |
Corporate purpose
In accordance with Article 2 of the articles of association, Zeideal Group conducts, in Cameroon and abroad, all of the following activities:
The founding consortium
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.
Executive management
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.
President
President of Zeideal Group SAS, for an indefinite term. Cameroonian national.
Full professional biography to be published shortly.
Chief Executive Officer
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.
Chief Administrative & Financial Officer
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.
PROAQUI Project Director
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
Internal and external audit
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
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
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
Mission: identifies, assesses and prioritises risks (operational, financial, currency, climate, aquaculture health); oversees the risk map and mitigation plans.
Investment decisions
Mission: reviews structuring investment commitments, CAPEX trade-offs and major financing decisions before submission to the shareholders' collective decisions.
Integrity and ethics
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
Mission: ensures compliance with the OHADA framework (AUSCGIE, revised SYSCOHADA) and sector obligations, and safeguards the quality of institutional reporting.
Ethical framework
Internal enforceable document covering conflicts of interest, use of insider information, supplier relationships and dealings with authorities. Individual signature by each employee and director.
Compliant with international frameworks (FCPA, UK Bribery Act, OECD). Counterparty due diligence procedures, payment controls, mandatory annual training for managers.
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.
Secure channel (grievance@zeidealgroup.com) accessible to employees, suppliers and third parties. Anonymity possible. 30-day response commitment. Quarterly reporting to the Audit Committee.