(Business in Cameroon) - On November 5, 2014, Cameroon’s public electricity concessionaire, Eneo Cameroon, signed a partnership agreement with Syndicat intercommunal des Hauts-plateaux (SIHPlateaux), a collective of the West region’s four districts, to connect 4,000 households in 109 villages to the electrical grid.
The partnership agreement signed by Joël Nana Kontchou, Managing Director of Eneo Cameroon and Isidore Téguia Kamdem, Mayor of Baham and President of Syndicat intercommunal des Hauts-Plateaux, will help “to speed-up the implementation of the electrical component of the Hauts-Plateaux Department’s Rural Electrification Development Project (DER Hauts-Plateaux), which involves the Cameroonian government, the European Union, Commune française de (or French District of) Saint-Germain-au-Mont-d’or and local districts represented by their mayoral offices.
Implemented since August 2011, the DER Hauts-Plateaux project is co-financed to the tune of 1.5 billion FCFA by the European Union. The remaining financing has been raised by four districts of the Hauts-Plateaux Department which amounts to 18.2% of the necessary financing for those being connected to the grid and 1.8% for the French partner on the project. The Cameroonian government will be responsible for all Customs duties and applicable taxes.