Business

In 2018, ENEO wants to connect half a million additional people to the electricity grid

As part of its 2018 Action Plan, Eneo, the concessionaire of the public electricity service in Cameroon, aims to build 100,000 new connections, to allow half a million more people to access the network electricity, announces the company in its newsletter last February.

To do this, we learn, this electricity production and distribution company, controlled by the British Investment Fund Actis, has a 2018 investment budget of 37.5 billion CFA francs. According to the company, more than 50% of this envelope will be dedicated to the rehabilitation, modernization and extension of distribution networks.

This concentration of Eneo’s investments in the distribution network is all the more understandable, explain company officials, thanks to the impoundment of the Lom-Pangar dam (6 billion cubic meters water supply), load shedding due to insufficient energy supply has decreased considerably, giving way to multiple incidents in the distribution network, which often deprive the population of electrical energy.

 

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