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Yaoundé - 21 March 2019 -
Energy

Cameroon: Switzerland sets a CFA3.4 billion fund to promote renewable energy projects

Cameroon: Switzerland sets a CFA3.4 billion fund to promote renewable energy projects
  • Comments   -   Thursday, 15 March 2018 12:07

(Business in Cameroon) - Switzerland disburses CFA3.4 billion to promote renewable energy projects in Cameroon. This was revealed on March 14, 2018, during the first meeting of the steering committee in charge of the management of this fund in Yaoundé.

During the meeting presided by the economy minister, Alamine Mey, it was revealed that the projects supported by these funds will be constructed by the rural electrification agency (AER).

Let’s note that though the potential exists for solar, biomass and wind energy in Cameroon, they represent only 1% of the country’s energy mix.  

BRM

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