logoBC
Yaoundé - 15 December 2018 -
Electricity

BEI plans investment in Cameroon-Chad Power Interconnection Project

BEI plans investment in Cameroon-Chad Power Interconnection Project
  • Comments   -   Tuesday, 04 December 2018 18:05

(Business in Cameroon) - The European Investment Bank (BEI) plans to invest in the Cameroon-Chad electricity interconnection project, Andrea Pinna, BEI's Head of Regional Representation for Central Africa, announced.

This was during a recent site visit to the Lom Pangar dam, Eastern region; a facility funded with nearly CFA20 billion by the European bank.

“Cameroon has a huge potential, one of the strongest in Africa. The Sanaga River alone generates over 6,000 MW. This project is an opportunity for the country to become a power exporter and it implies the need for interconnection lines with neighboring countries. One of BEI's focus lines is the Cameroon-Chad project,”  he said.

Under this project, a 700 km power transmission line linking Ngaoundéré and Maroua, in Cameroon, to Ndjamena, in Chad will be set. As well, a 250 km link road between Maoua (Cameroon) and Mogrom and Ndjamena (Chad) is planned. Back in 2013, the African Development Bank (AfDB) partly funded the project’s feasibility studies.   

BRM 

Mags frontpage


Business in Cameroon n69: November 2018

Cameroon’s finance sector goes through rapid digitalization

Cashew, a sector with great potential, both for revenues and job creation



Investir au Cameroun n79: Novembre 2018

Le secteur financier camerounais se digitalise à grande vitesse

L’anacarde, un vaste potentiel de revenus et d’emplois