Energy
Cameroon initiates talks with Actis for Eneo stake acquisition
Cameroon has announced the forthcoming opening of formal negotiations with Actis for the acquisition of the British investment fund's 51% stake in Energy...
Cameroon Over 5,000 tons of plastic packaging seized in 2023 (Minepded)
Minfopra Joseph Lé Announces Sigipes II Launch in 2024
Wildlife Trafficking in Cameroon: Drill Monkey Arrest Highlights Ongoing Crisis
Eneo advances solar hybridization with 4 MWp mini solar plants
Eneo continues its efforts in hybridizing isolated thermal power plants (dedicated to specific localities) as part of an initiative started in 2018. The...
Nachtigal dam: NHPC reassures the public concerning the cracks and water leakage reported
The recent findings from the Electricity Sector Regulatory Agency (Arsel) mission, conducted on August 11, 2023, at the Nachtigal hydroelectric dam...
Nachtigal dam faces delays due to cracks and water infiltration
The delivery of the Nachtigal hydroelectric dam, under construction in the Central Region of Cameroon with a planned commercial operation in September...
Cameroon govt pays CFA5.7bn to appease Globeleq
The Cameroonian government has paid CFA 5.7 billion to the British independent power producer, Globeleq, urging the company to resume operations at its...
Cameron partners with Solar Alliance to create research center
Cameroon's minister of water and energy (Minee), Gaston Eloundou Essomba, announced the signing of a memorandum of understanding with the International...
Boko Haram cost Cameroon billions of CFA francs in transit fees for Nigerien oil
On November 1, 2023, Niger's transitional Prime Minister, Ali Mahaman Lamine Zeine, presided over the inauguration ceremony for a 2,000 km pipeline...
Sonara holds 83.2% of public enterprises' external debt as of September 2023
Four public enterprises held a combined debt of CFA511 billion with external creditors as of September 30, 2023, according to figures reported by the...
Cameroon plans to import 60,000 tons of domestic gas in H1 2024
For the first half of 2024, Cameroon plans to import 60,000 tons of liquefied petroleum gas (LPG), commonly known as domestic gas, to ensure household...
Smart meter deployment reduces electricity bill disputes by 54% in just two years
The use of prepaid meters has helped reduce billing-related complaints by 54% from 2020 to 2022, according to Cameroon’s national electricity company....
Eneo reports CFA75 billion losses in 5 years in NoSo regions
Cameroon’s power company Eneo just released its 2022 annual report, outlining the damages it has suffered in 5 years in the North-West and South-West...
Cameroon selects bidder for new mini-station construction project
The Cameroonian government has awarded the contract for building five new mini-hydroelectric power stations in the country. In a letter sent on September...
Cemac: Cameroon led LNG sales to France in H1 2023
France spent a total of €966 million (about CFA 633.6 billion) on purchasing goods from Cemac countries during the first six months of 2023,...
Cameroon’s Sonara completes debt restructuring with Swiss trader Trafigura
Cameroon’s national refinery- Sonara signed last September 29 a deal with Trafigura PTE LTD to restructure CFA14 billion owed to the Swiss trader. Per...
Cameroon, EDF create joint-venture to pilot the Kikot dam project
Cameroon is holding today the constituent general meeting of Kikot Hydro Power Company (KHPC), the joint-venture created in collaboration with its project...
Cameroon plans to boost solar capacity to 250MW by 2030
With an installed capacity of 30.6 MW, Cameroon has joined South Africa, Egypt, Morocco, Algeria, Senegal, Namibia, Tunisia, and Uganda on the list of...
Cameroon to finally launch the long-awaited 30MW solar project in the Northern regions
Cameroon is finally launching its long-awaited solar power plant project in the northern regions. Announced in 2021, the initiative will be effective this...
Eneo's Prepaid Meter Sales Surge in H1 2023
Cameroon’s power utility Eneo reported a surge in the sales of prepaid meters over the first half of 2023. In its latest quarterly newsletter for...
Electricity: World Bank initiative eases 78,000 new connections in H1 2023
The first half of 2023 saw a fresh air in the electricity sector. In just six months, the public electricity utility completed 78,000 new connections to...
Industrial gas: Minister Atangana refers GDC’s price hiking decision to President Paul Biya
Given gas supplier Gaz du Cameroun’s (GDC) determination to apply a 20% hike on its industrial gas price despite the government’s order, Minister of Trade...
Industrial gas: GDC announces supply cut for industrial clients opposed to 20% price hike
Gas supplier Gaz du Cameroun (GDC) is still defying official orders to suspend its price-hiking decision. Indeed, after a meeting held on July 13, 2023,...
Cotco: Cameroon’s shares rise to 25.17% with Chad transferring additional 20%
Cameroon Oil Transportation Company (Cotco) has a new shareholder structure. SHT Overseas Petroleum (SOP), Tchad Petroleum Company (TPC), the Republic of...
CEMAC: oil and gas lowered export commodity prices in Q2’2023 (BEAC)
The price of commodities exported by CEMAC countries fell by 1.7% in Q2’2023, according to the composite commodity index recently published by the central...
Extractive industries: production costs fell 8.6%YoY in Q1-2023, after sharp rises in 2022
Production costs fell by 8.6% year-on-year in the first quarter of 2023 in Cameroon’s extractive industries, according to the Industrial Producer Price...
Chad pipeline: Cameroon collected CFAF27.1bln in transit duties in H1-2023
The Chad-Cameroon pipeline generated CFAF27.1 billion in transit duties for Cameroon in the first half of 2023, figures from the General Directorate of...
Yaoundé: Eneo announces 48-hour power outage with works planned on transmission network
In Yaoundé, several neighborhoods will be without electricity from Friday, July 21, 2023, at 11:30 pm, to Sunday, July 23, 2023, at 11:55 pm. According to...
Industrial gas prices: GDC maintains price increase despite ministerial order
Gas supplier Gaz du Cameroun (GDC) sent, Monday (July 17), its June 2023 invoice to the industrial companies it supplies in Douala. The invoices show a...
Cameroon validates CFAF400bln plan to electrify 1 million households and improve industrial supply
Cameroon recently validated an emergency recovery plan for the electricity sector, Minister of Water and Energy Gaston Eloundou Essomba announced on July...
Nachtigal dam: Minister Essomba announces final commissioning for September 2024
Earlier today, July 18, the reservoir of the 420MW Nachtigal dam was impounded. During a press briefing on the sidelines of the event, Minister of Water...
Industrial gas: Cameroon suspends GDC’s 20% price-hiking plan
The 20% increase in industrial gas prices decided by Gaz du Cameroun (GDC) has been suspended. The suspension was announced by Minister of Commerce Luc...
Fuel subsidies: Expenditures were underestimated by CFAF200bln+ in 2022 (IMF)
Cameroon’s expenditures on fuel subsidies were underestimated in 2022, the IMF reveals in its country report published, on July 10, 2023, on the country....
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