Investing in energy in Africa - FCFA 14 billion allocated for the construction of two solar power plants in the far north
With a capacity of 25 MW, these two facilities, scheduled for delivery in 2020, will be built in Guider and Maroua respectively.
Energy of Cameroon (Eneo) and a consortium of developers consisting of Scater Solar and Izuba Energy Sphinx Energy signed a memorandum of understanding for the construction of two solar photovoltaic plants.
Business in Central Africa - Cameroon - A delegation from the Autonomous Port of Kribi (PAK), in southern Cameroon, recently went to Bangui, Capital of the Central African Republic (CAR), to meet with the Central African Shippers Council (CCAC).
During two days, the PAK informs, the two sides exchanged views on a number of issues of common interest. At the end of the work, four consensual areas of cooperation were identified:
(Invest in Cameroon) - According to the latest report on the increase in prices of commodities exported from CEMAC countries (CameroonGabon, Congo, Chad, CAR and Equatorial Guinea) ". , the prices of metals and agricultural products in the future are bound to fluctuate in the market " as seen during Q2 2019, before " increasing again in 2020 ".
Dr Théodore Nsangou, Director-General of the electricity development companymade the announcement after his recent visit to the hydroelectric dam site.
Despite the other dam sites entrusted to the Electricity Development Company (EoC), the Dr Théodore Nsangou does not give up that of Lom Pangar located in the eastern region. On 10 December 2019, he descended on the said site. In front of the press, he presented the merits of his visit.
As at 31 December 2019, the gross domestic product (GDP) growth rate for the area Cemac finally surpassed 2.5%. This information is contained in a press release made official at the end of the last session of the Monetary Policy Committee in Shortened CPM of the central bank of the six states of this community.
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