Magazine content is available exclusively for TIME subscribers.BUSINESS ABROAD: First for Africa
Africa's primitive past and its hopeful future met this week on a rapids-swept island in the teeming jungles of the French Cameroons. There the continent's first aluminum smelting plant—a $46 million complex covering 32 acres—was officially inaugurated by the French. Built by Pechiney and Ugine, France's two aluminum producers, the new Alucam complex shares the island of Edea in the Sanaga River with a new hydroelectric plant that will supply power for its battery of 208 electrolytic vats. Alucam's yearly capacity, scheduled to reach a peak 50,000 tons by 1959, will be...
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