logoBC
Yaoundé - 09 December 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

cameroon-new-issuance-of-fungible-treasury-bills-on-beac-market
On December 4, 2019, the Cameroonian Treasury proceeded to the issuance of a 26-week fungible treasury bills on the market of the Bank of Central African...
cameroon-35-of-gas-stations-are-located-in-rural-areas-ministry-of-energy
In Cameroon, 35% of the 835 gas stations in operation as of October 28, 2019 (for the 54 state-approved companies), are located in rural areas. This was...
cameroon-increased-daily-drinking-water-production-by-96-376-m3-between-2018-and-2019
In Cameroon, the national drinking water production increased from 731,080 m3/day to 824,456 m3/day between 2018 and 2019, according to recent data from...
cameroon-safacam-plans-to-invest-xaf3-5-bln-to-extend-its-oil-palm-and-hevea-plantations-in-dizangue
In Cameroon, the Ministry of State’s Property and Land Tenure recently granted an additional 2,000 hectares of land to Société Africaine forestière et...

Mags frontpage


Business in Cameroon n81: November 2019

The growing weight of Moroccan banks in Cameroon


Made in Cameroon products gradually take over supermarkets


Investir au Cameroun n91: Novembre 2019

Le poids croissant des banques marocaines au Cameroun


Le Made in Cameroon progresse dans les supermarchés