In a newsletter published last month (February 2018), ENEO revealed that in the framework of its 2018 Action plan, it would construct 100,000 new electrical connections to grant half a million people access to electricity.
For that purpose, the electricity provider set an investment budget of CFA 37.5 billion for 2018. According to the company, 50% of this budget will be used to renovate, modernize and extend the distribution network. The company’s officials explain that this investment is crucial since due to the commissioning of Lom-Pangar dam (6 billion metric cube), the power generated is sufficient to reduce the electricity shortages but these shortages are now caused by the multiple incidents along the distribution network.
Source: Business in Cameroon