Yaoundé - 09 August 2020 -

Cameroon: 44,000 homes to be provided with electricity thanks to performance contracts with Lagdo

Cameroon: 44,000 homes to be provided with electricity thanks to performance contracts with Lagdo
  • Comments   -   Tuesday, 31 March 2020 10:28

(Business in Cameroon) - In the framework of the performance contracts between the government and municipalities, since 2012 in Cameroon, Lagdo recently received a funding of XAF5 billion.

According to credible sources at the Ministry of Economy, over XAF1.5 billion of that fund will be used to fund an electrification project in 16 places in the concerned municipality. Thanks to the project, electricity will be provided to more than 44,000 people, our sources indicate.

The remaining XAF3.5 billion will fund the asphalting of 5-km of urban road and the renovation of 11-km of laterite road.


Cameroonian insurance company Chanas Assurances, majority-owned by National Hydrocaborns company SNH, informs that it recorded XAF683.4 million of net...
On July 30, 2020, Africa Food Manufacture (AFM), which produces Broli-branded pasta, signed an investment agreement with Cameroon’s investment promotion...
The Cameroonian National Hydrocarbon Company (SNH) estimates the value of oil data currently stored in its Mbanga-Bakoko (Douala) based Petroleum...
Some days ago, when they received their July 2020 salary, some physicians and health personnel operating for Cameroon noticed that their usual salaries...

Mags frontpage

Business in Cameroon n90: June 2020

Top 100 economic actors in Cameroon

Colonel Roger Kuitche: “Military strategy is an important tool that will beneft businesses and public administrations”

Investir au Cameroun n100 Juillet-Août 2020

Le Top 100 des acteurs économiques du Camerouns

Colonel Roger Kuitche : « la stratégie militaire appliquée aux entreprises et aux administrations est un outil à exploiter »