Energy
Cameroon suspended from the Extractive Industries Transparency Initiative
The Extractive Industries Transparency Initiative (EITI) announced on March 1, 2024, that Cameroon has been suspended from its program "until its next...Cameroon’s Minister of Energy asks for patience over power cuts until March 2024
For over two months, households and businesses across seven of Cameroon's ten regions connected to the Southern Interconnected Grid (RIS) have been...Cameroon's LNG earnings soar by 148.8% in 2022 (INS)
Cameroon experienced a "spectacular" surge in revenues from liquefied natural gas (LNG) exports in 2022, data from the national stats agency INS showed....Eneo Seeks CFA18bn from govt to tackle power cuts
Cameroon’s power company Eneo says it needs CFA18 billion from the government to prevent power outages across the country. Following a directive from the...Cameroon implements new electricity price hike to achieve financial balance
As of January 1, 2024, Cameroon has witnessed a new surge in electricity prices, primarily impacting medium-voltage customers, labeled as "industrial...Nachtigal Dam finally expected to deliver its first 60MW next February 24
Initially planned for December 2023, the release of the first 60 megawatts (MW) from the Nachtigal Dam in Cameroon, a 420 MW energy project under...Indian firms secure contract for Cameroon-Chad Electrical Interconnection Project
Indian firms Kalpataru Projets International Limited and Transrail Lighting Limited secured three lots of the Cameroon-Chad electrical interconnection...Cameroon's Sonara secures CFA20bn debt deal with Mercuria Energy Trading
Cameroon’s national refining company Sonara has reached a debt restructuring agreement with Swiss trader Mercuria Energy Trading. The agreement, signed on...Eneo's debt standoff threatens prolonged blackouts, adding uncertainty to Cameroon’s power supply
As of September 2023, Eneo reveals receivables from the public sector, including the government and other public entities, totaling CFA234.5 billion,...Cameroon shifts fuel import strategy: Major marketers gain ground, Sonara takes back seat
Cameroon is getting ready to change its strategy for supplying the domestic fuel market in the coming days. The Secretary-General of the Presidency...Scatec secures $100mln IFC financing for new solar projects in Cameroon
Norwegian company Scatec, which built the Maroua and Guider solar plants in northern Cameroon, has secured financing of just over CFA60 billion ($100...Eneo laucnhes nationwide campaign to upgrade prepaid meters
Cameroon’s power utility Eneo announced a campaign to update 350,000 prepaid meters across the country. The company said it wants to transition the...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...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...
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