The Lower Cretaceous syn‐rift deposits of the Douala Basin (Mundeck Formation), located in the equatorial West African margin were investigated in order to determine the palaeoenvironment and organic matter source, redox conditions, palaeoclimate, and tectonic settings, based on facies, organic and inorganic geochemical analyses. The sediments consist of pebble, coarse, medium‐ to fine‐grained sandstone, siltstone, and grey to black fossiliferous shales. The shales are characterized by an average total organic carbon (TOC) of 1.02%, fair to poor source generative potential with present‐day hydrogen index values, which range from 31 to 350 mg HC/g TOC suggesting that the shale contains Type III kerogens with mainly gas generative potential. The organic particles are dominated by phytoclasts (40% on average) and non‐fluorescent amorphous organic matter (34% on average). The palynomorphs represent about 26% on average with a large amount of pollen grain and a minor amount of dinoflagellate cysts and microforaminifera test linings. The inferred depositional environment of the studied sediments is an alluvial fan to fluvio‐lacustrine with shallow marine incursion. This depositional environment received the contribution of aquatic algae and microorganisms with a large amount of terrestrial organic matter, evidenced by the presence of some dinoflagellate cysts and microforaminifera test linings, and relatively higher amounts of SiO2, Al2O3, and phytoclasts. The presence of trace elements such as Ba, Sr, V, Ni, Co and Cr in the analysed samples and their ratio, suggest suboxic to anoxic conditions of deposition with low salinity. The warm to cold and dry climatic conditions prevailed during the deposition of the Mundeck deposits and sediments from active continental margin setting during the lower Cretaceous periods in the Douala Basin as confirmed by inorganic geochemical data. This study sheds light on the early stage of the evolution of the Douala Basin which could be integrated into the context of a mid‐Jurassic to lower Cretaceous regional evolution of the opening of a passive margin. This evolution is characterized by an alluvial fan, fluviatile, lacustrine, lagoon and marine depositional system. This depositional system is recognized as part of the petroleum system recognized within the syn‐rift deposits in the others basins along the West African margin, where giant hydrocarbons have been discovered.