logoBC
Yaoundé - 27 April 2024 -
Energy

Eneo partners with Orange Money, Ecobank Cameroon and AfrikPay to bring its prepaid services closer to clients

Eneo partners with Orange Money, Ecobank Cameroon and AfrikPay to bring its prepaid services closer to clients
  • Comments   -   Thursday, 24 October 2019 13:41

(Business in Cameroon) - To give its clients control over their consumption, Eneo, the Cameroonian utility company, launched a prepaid service. According to the company, the prepaid service is a solution that “allows clients to tailor their consumption to their budget. The clients control their consumption thanks to an extended reloading offer available 24 hours a day.

To ensure the proper functioning of this service, Eneo plans to create a network of partners from which its prepaid clients will purchase their subscriptions.

In its 2018 business review, Eneo revealed that at least three partners are already operational. These partners are namely, Orange Money, Ecobank Cameroon and AfrikPay, a mobile payment service much liked by local companies according to one of the national institute for statistics’ surveys.  

Eneo plans to densify its partners’ network by including groups like MTN, UBA and Société Générale Cameroon. Discussions are ongoing with these groups.

Let’s note that in 2018, Eneo installed 1,300 prepaid electricity meters in households in Cameroon and plans to install 20,000 more this year.

BRM

mobile-money-usage-surges-in-cameroon-outpacing-traditional-banking
The use of mobile money services has "particularly increased" in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or...
afdb-reports-cfa3tn-in-financing-for-cameroon-over-60-years
The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...
cameroon-spends-nearly-cfa71bn-on-public-debt-interest-in-q1-2024
In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....
cameroon-s-domestic-debt-rose-by-cfa169bn-in-q1-2024-driven-by-public-securities
Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »