(Business in Cameroon) - On May 10, the Minister of Water and Energy (MINEE) Gaston Eloundou Essomba sent a letter to ENEO’s CEO Eric Mansuy instructing the electric utility to take measures to reduce load sheddings during the daytime in the three northern regions, between May 12 and June 30, 2021. According to the official, this instruction follows the
multiple complaints from the population, local elected officials, traditional and administrative authorities.”
In his letter, the MINEE ordered ENEO not to ration electricity supply in the regions during the celebration of the Festival of Breaking the Fast. Also, ENEO should reduce the daytime rationing period from 5 hours currently to 2 hours max starting from the day after the festival to the end of June 2021. ENEO is also instructed to take the required measures to increase, by at least 6MW, the production of the Djamboutou power plant (which has been generating just 16MW of energy during the daytime for weeks now despite
Cameroon to install solar plants of 30MW energy generation capacity in the Northern regions this year
(Business in Cameroon) - Cameroon and electric utility ENEO are currently fine-tuning a project to install mobile and modular emergency solar power plants. This was revealed, on May 5, 2021, in a release issued by the electric utility. According to the release, this project is being developed to alleviate the pains of households and businesses in the northern regions, where there has been a continuous power outage (for several months now) because of the drop in water levels at the Lagdo dam.
The energy infrastructures, which are expected to generate a total of 30MW energy, will be installed in Maroua (the Far North) and Guider (in the North), the release informs. But, according to a letter the Minister of Water and Energy, Gaston Eloundou Essomba, sent on April 16, 2021, to Eric Mansuy, ENEO’s CEO, the infrastructure will also be installed in Kousseri (Far North). The let
Energy ALUCAM still owes close to XAF20 billion to ENEO despite the government’s assumption of a previous XAF34 bln debt
(Business in Cameroon) - While ALUCAM’s overall debt to ENEO is currently over XAF50 billion, the April 16, 2021, agreement consecrating the government of Cameroon’s assumption of ALUCAM’s debt to ENEO concerns just the XAF34 billion the aluminum producer was owing as of December 31, 2019, ENEO informs.
The reason is that since December 31, 2019, there was no electricity supply contract binding ENEO and ALUCAM because the last one concluded in 2009 expired on December 31, 2019. Therefore, the government was unable to assume all of the debts. “
Ecobank Cameroon provides digital electricity bill payment solutions for Eneo customers Tuesday, 27 April 2021 10:23
( ECOBANK CAMEROON) - Ecobank Cameroon, a member of the leading pan-African banking group, the Ecobank Group, is enabling its digital platforms for payment of Eneo electricity Bills. Ecobank’s digital platform channels, Ecobank Mobile App, Omni Lite, Omni Plus and Xpress Points will provide convenience for Eneo customers enabling them to pay their electricity bills from the comfort of their homes or offices.
Gwendoline Abunaw, Managing Director, Ecobank Cameroon, said: “
Ecobank Cameroon is a key partner of Eneo and has positioned its digital payments platforms as a fast and secure way for customers to pay their electricity bills. This is yet another example of our rich digital ecosystem offering individuals, businesses and the unbanked fast and secure platforms, in this case enabling convenient electricity bill payments.”
Globeleq to sell its about XAF83 bln receivables owed by ENEO
(Business in Cameroon) - Through its local subsidiaries Kribi Power Development Corporation (KPDC) and Dibamba Power Development Corporation (DPDC), independent power producer Globeleq commissioned BGFIBank Cameroon to arrange the restructuring of the debt it is owed by electric utility ENEO. Estimated at XAF83 billion, this debt represents the unpaid energy bills accumulated by ENEO between 2015 and 2020.
In 2020, ENEO promised to pay, within 48 months, its debt towards the power producer that supplies a significant portion of the distributed energy (in 2019, Globeleq supplied 17% of the power distributed by ENEO). Globeleq is not intent on waiting for that deadline revealed by ENEO’s management. The power producer indicates that such an amount is essential for its operations. According to the figures published by Globeleq, the XAF83 billion debt exceeds by about XAF20 billion both KPDC and DPDC’s cumulat