Yaoundé - 28 May 2022 -



Nachtigal Dam: CCN changes project manager, one year after HRD was fired

The Cameroonian company CCN, the main subcontractor of the Nachtigal Hydro Power Company (Nhpc) project, announced in a May 21 note that it has changed...
Tuesday 10 May 2022Energy

The Port of Kribi plans to build an 80 MW thermal power plant

The Port Authority of Kribi (PAK) announced the upcoming construction of a thermal power plant (80 MW) to supply the port platform. Patrice Melom, MD-PAK...
Monday 9 May 2022Energy

Cameroon to import 510,000 tons of oil products in Q3 2022, up 23.5% YoY

Cameroon plans to buy 510,000 metric tons of oil products on the international market over the next quarter. Gaston Eloundou Essomba, the Minister of...
Thursday 5 May 2022Energy

French banker Société Générale goes solar in Cameroon

Au Cameroun, le banquier français Société Générale se met au solaire pour préserver l’environnement The local branch of the French banking group Société...
Wednesday 27 April 2022Energy

Cameroon ordered 247,000 m3 of fuel for April, already received 189,000 m3

To meet its local needs for April 2022, the Cameroonian government has ordered 247,000 m3 of fuel, the Ministry of Water and Energy (Minee) informs. Of...
Wednesday 27 April 2022Energy

Govt to build two mini-hydro plants in the Northwest

The municipality of Widikum, in the Northwest, will soon launch a project to build two mini hydroelectric power stations. The information was made public...
Monday 25 April 2022Energy

Gaz du Cameroun ordered to pay CFA7.4bln to shareholder RSM Corporation, hits financial difficulties

Oil and gas company Gaz du Cameroun (GDC), which operates a gas field in Logbaba, Douala, was ordered to pay a total of $12.1 million (CFA7.4...
Wednesday 6 April 2022Energy

Cameroon seeks CFA98bln to build an electric line between Nachtigal and Bafoussam

The project to transport electricity from the future Nachtigal hydroelectric power station (420 MW), in the Central region of Cameroon, to the West has...
Friday 1 April 2022Energy

Fuel: Maintaining pump prices could cost govt CFA672 billion in 2022

Maintaining the fuel pump prices with subsidies is expected to cost the Cameroonian government CFA672 billion this year. The information was reported this...
Thursday 31 March 2022Energy

Eneo plans the construction of four solar power plants in 2022

Cameroon’s power utility Eneo announced the construction of four PV power stations this year. In a recent interview with Défis Actuels, the now-former CEO...
Wednesday 30 March 2022Energy

Govt to develop 120 MW solar energy project in the northern region

The Cameroonian Minister of Water and Energy, Gaston Eloundou Essomba, announced last week the upcoming construction of solar power plants in the northern...
Thursday 17 March 2022Energy

Cameroon seeks XAF874 bln for Full Electrification Coverage by 2030

The Minister of Water and Energy (Minee), Gaston Eloundou Essomba, recently published a call for expression of interest for consultants who will assist...
Monday 14 March 2022Energy

Electricity: Cameroon instructs industrial rationing again

The Minister of Water and Energy Gaston Eloundou Essomba (photo), on March 8, 2022, sent a letter to electric utility ENEO instructing the rationing of...
Monday 14 March 2022Energy

Prometal launches a XAF12 bln domestic gas cylinder manufacturing plant in Douala

Prometal, leader of the Central African steel market, launched the construction of its fifth plant in Douala, in November 2021. The plant is specifically...
Friday 4 March 2022Energy

Electricity: Production deficit, maintenance works, and grid saturation plunge Cameroon into darkness

Days ago, electric utility ENEO resumed with energy rationing in Cameroon. In almost all of the main towns, whole neighborhoods are left without...
Thursday 17 February 2022Energy

Cameroon: Africa Cylinder Company Sarl to build a XAF4 bln gas cylinder plant in Douala

Cameroon’s Investment Promotion Agency (API) recently signed an agreement with local company Africa Cylinder Company Sarl, granting it incentives provided...
Tuesday 15 February 2022Energy

Cameroon: ENEO announces resumption of targeted blackouts in the Northern regions

Electric utility ENEO Cameroon announced the resumption of targeted blackouts in the Northern regions (Adamaoua, the North, and the Far-North). According...
Friday 11 February 2022Energy

The IsDB loans XAF55 bln to Cameroon for oil products’ purchases

La Banque islamique prête 55 milliards de FCFA au Cameroun pour l’importation des produits pétroliers - Investir au Cameroun Minister of Economy Alamine...
Monday 31 January 2022Energy

Cameroon: Only domestic gas and kerosene were subsidized in 2020 (CTR)

In 2020, the National Hydrocarbons Prices Stabilization Fund (CSPH) disbursed a XAF1,524 subsidy per tank of domestic gas used in Cameroon. According...
Monday 31 January 2022Energy

Norway’s Borr announces closure of its Cameroonian subsidiary

In a legal announcement published today, January 31, Norwegian oil company Borr Jack-Up XIV announced it is closing its Douala-based subsidiary. The...
Wednesday 26 January 2022Energy

Electricity: EDC is affected by unpaid water rights, the CTR estimates

The stock of receivables the Electricity Development Corporation (EDC) was claiming from partner companies increased by almost 25% year-on-year in 2020....
Tuesday 25 January 2022Energy

AFCON 2021: Industries invited to reduce electricity consumption to ensure quality supply for households in Cameroon

On January 20, Minister of Water and Energy Gaston Eloundou Essomba sent a letter to some cement producers and companies located in the industrial areas...
Friday 21 January 2022Energy

Cameroon: Electricity transport firm SONATREL commissions contractor for XAF9.9 bln network renovation project in Douala and Yaoundé

Nigerian company MBH Power Limited is the winner of the contract for the construction of electricity networks in Douala and Yaoundé, according to the...
Tuesday 18 January 2022Energy

Electricity: 2022 is a pivotal year for rural electrification project PERACE, Minister of Energy says

The Rural Electrification and Access to Energy in Underserved Areas Project in Cameroon (Perace), approved in December 2018, could be launched this year,...
Wednesday 12 January 2022Energy

Cameroon: Victoria Oil & Gas secures 2nd extension of the Matanda exploration license

British gas producer and distributor Victoria Oil & Gas (VOG), parent company of Gaz du Cameroun (GDC), announced last December 23, it has secured a...
Monday 10 January 2022Energy

Domestic gas: Bipaga gas depot helped Cameroon save XAF25 bln+ in 2018-2020

Cameroon saved US$44 million (about XAF25.48 billion at the current XAF579.19 per dollar rate) between 2018 and 2020 thanks to the Bipaga gas depot, the...
Friday 7 January 2022Energy

Bassa industrial zone: Government to build an electrical substation to anticipate growth in energy demand

Minister of Water and Energy Gaston Eloundou Essomba recently issued a call for expression of interest for the recruitment of a consultant who will carry...
Monday 3 January 2022Energy

IsDB to loan XAF55 bln to Cameroon for oil products’ purchases

On December 29, a Presidential decree authorized the Minister of Economy Alamine Ousmane Mey to sign an €83.5 million (XAF55 billion) Murabaha...
Tuesday 21 December 2021Energy

Cameroon: Nachtigal Dam was 51.7% completed in late Nov 2021, Minister of Energy estimates

The Nachtigal hydroelectric project (420 MW) was 51.7% completed as of end-November 2021. The estimate was presented by the Minister of Water and Energy...
Monday 20 December 2021Energy

Electricity: Cameroon commits to paying XAF182 bln debt to ENEO within two months

Cameroon has initiated the payment of XAF182 billion owed to electric utility ENEO, Business in Cameroon learned from several official sources. According...
Friday 17 December 2021Energy

Electricity: Cameroon receives XAF178 bln investment for its power interconnection to Chad

Last December 15, Cameroon and the World Bank concluded a XAF178 billion funding agreement for the interconnection of Chadian and Cameroonian electricity...

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