(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.