Corporate governance

A structured governance for an industrial project

Board of Directors, Specialized Committees, OHADA compliance and alignment with international development banks' standards.

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Capital structure

A two-step shareholder evolution


Zeideal Group SAS holds a current share capital of FCFA 20 million, fully paid up by its founders. A planned capital increase of FCFA 5 billion is scheduled in the third quarter of 2026, as part of the equity component of the PROAQUI financing round. This operation will bring the final share capital to FCFA 5.02 billion and open the shareholder base to structuring financial investors.

Current capital state

Share capitalFCFA 20,000,000
Number of shares200,000
Par valueFCFA 100 / share
Payment status100% (fully paid up)
Held byFounders

Q3-2026 target state

Share capitalFCFA 5,020,000,000
Number of shares50,200,000
Par valueFCFA 100 / share
Increase+ FCFA 5,000,000,000
RoundPhase 1 equity (8 lenders)

Board of Directors

The strategic decision-making body


The Board of Directors of Zeideal Group SAS sets the Group's strategy and oversees the implementation of PROAQUI. Its composition reflects the targeted balance between industrial experience, financial expertise, territorial roots and representation of structuring partners.

The Group Chairmanship is held by Mr. Bingono Bingono Expédit. The full composition of the Board of Directors and the executive team will be published upon completion of the Phase 1 financial closing (Q3-2026).

Official photo
to be published

Group Chairman

Mr. Bingono Bingono Expédit

Full professional biography to be published shortly.

Director photo
(to be published)

Chief Executive Officer

To be published

Professional biography and background to be published after Phase 1 financial closing.

Director photo
(to be published)

Chief Financial Officer

To be published

Professional biography and background to be published after Phase 1 financial closing.

Specialized committees

Three committees emanating from the Board


Internal and external audit

Audit Committee

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

Composition: 3 directors including at least one independent with recognized 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 directors 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 Chairman.

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.

Anti-money laundering

Formalized KYC/AML procedure for all significant counterparties. Atypical transaction reporting to the CFO. Compliance with GIABA recommendations and Cameroonian national frameworks.

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 bylaws, Shareholders' Agreement, Board Charter, Code of Conduct — available upon motivated request.