logoBC
Yaoundé - 06 July 2020 -
Energy

Cameroon: Public lighting takes over 55% of government’s electricity expenditures

Cameroon: Public lighting takes over 55% of government’s electricity expenditures
  • Comments   -   Thursday, 28 November 2019 12:00

(Business in Cameroon) - The Cameroonian government, via the Ministry of Water and Energy, just launched a programme to monitor, control and optimize electricity bills in the public sector. According to the programme’s creators, it is aimed at reducing the country’s electricity expenditures, which average XAF41 billion every year according to official reports.

According to a study commissioned by the government, public lightning represents more than 55% of the electricity bills the government pays every year.

Overall, the study reveals that the Cameroonian government's electricity expenditure is also the result of an overestimation of its real needs. Indeed, according to the study, the state has subscribed for a total capacity of 40 MW, whereas the real need is only about 11 MW.

BRM

south-african-stephen-blewett-appointed-the-new-ceo-of-mtn-cameroon
“I'm very excited to join the dynamic and focused MTN team in Cameroon! Thanks for the warm welcome and kind messages of support.” This is the message...
cbc-plans-to-increase-social-capital-to-cfaf16-5-bln-after-cfaf2-5-billion-positive-result-in-2019
Commercial Bank-Cameroon (CBC) informs that it achieved a positive result of CFAF 2.5 billion as of December 31, 2019. This represents an increase of CFAF...
energy-minee-announces-works-to-boost-the-production-of-memve-ele-hydroelectric-power-station-211-mw
From July 4 to 6, 2020, the turbines at the Memvé'élé hydroelectric power station, which currently only delivers about 80 MW out of an installed capacity...
afriland-first-bank-obtains-financial-market-supervisor-cosumaf-s-authorization-for-its-brokerage-firm-afriland-bourse-investment
On July 2, Cameroonian bank Afriland First Bank informed that the Central African Financial Market Supervisory Commission (Cosumaf) approved its...

Mags frontpage


Business in Cameroon n88: June 2020

Covid 19 Its impacts so far


Emmanuel de Tailly (SABC) : «Preserving jobs at all costs»


Investir au Cameroun n98 Juin 2020

Covid 19 Et maintenant, l’étendue des dégâts


Emmanuel de Tailly (SABC) : «Maintenir l’emploi coûte que coûte »