CATRAMP I (IFC-47620)

Countries
  • Cameroon
Geographic location where the impacts of the investment may be experienced.
Specific Location
Douala and Kribi
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
CATRAMP SA
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 8.62 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 7.5
Converted using 2025-11-05 exchange rate.
Project Cost (USD)
$ 11.61 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 10.1
Converted using 2025-11-05 exchange rate.
Primary Source

Original disclosure @ IFC website

Updated in EWS Dec 27, 2025

Disclosed by Bank Nov 5, 2025


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, Catramp SA seeks to invest €10.1 million to expand and modernize its sites and launch operations into Chad and CAR. The Project is expected to be supported by the IDA Private Sector Window Blended Finance Facility (IDA PSW BFF) through a First Loss Guarantee (FLG). The Project will be financed through a proposed €7.5 million IFC senior loan benefitting from a 21% IDA PSW FLG, and €2.6 million shareholder equity.                                                   

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

This is a Category B project in accordance with IFC’s Policy on Environmental and Social (E&S) Sustainability, Based on IFC’s review, the project is expected to have limited adverse E&S risks and/or impacts which are generally site-specific, and readily addressed through established mitigation measures.

The key E&S issues associated with the Project include: a)  adequate assessment of E&S risks and impacts of the existing assets  and future expansion activities and adequate management and monitoring  in line with IFC PSs requirements; (b) assurance of fair, safe and healthy working conditions for workers, in line with IFC PS2 and legal requirements during both construction and operation; (c) management of solid waste ; (d) transportation safety and associated safety and security impacts on local communities; and (e) stakeholder engagement, including the implementation of effective community grievance management.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The proposed €10.1m project involves (i) the expansion and refurbishment of existing warehousing and open storage facilities in Douala and Kribi and (ii) a greenfield expansion into the underserved landlocked FCS markets of Chad and Central African Republic (CAR). It will be financed by €7.5m senior debt and €2.6m equity. Senior debt will be provided by IFC and the equity will be injected prior to the debt disbursement.

Private Actors Description
A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

Catramp SA is a leading warehousing and logistics operator in Cameroon with facilities in Douala and Kribi.

The Project Sponsor is Justin Talom, who owns 70% of Catramp directly and 15% through his holding company T’s Corporation. The remaining 15% are held by Jean Kuate, a local entrepreneur.

Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Catramp S.A. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Catramp S.A.
Justin Talom
CEO
+237 699 91 20 32
talom_justin@yahoo.fr
BP 3748, Douala, Cameroon
https://catrampsa.com/fr/

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works