Cameroon disburses XAF10 bln to prevent social unrests at Camwater
(Business in Cameroon) - The state of Cameroon has released XAF10 billion to settle the social situation within Cameroon Water Utilities (Camwater), authorized sources confirm.
On November 18, 2020, Magloire Seraphin Fouda (Secretary-General of the Prime Minister s Office) sent a letter to Finance Minister Louis Paul Motaze. The letter explained that in collaboration with the Minister of Water and Energy (Minee), they were to report on the implementation of the President’s instructions concerning the release of a special envelope of XAF10 billion to finance expenses related to the end of the lease contract between Camwater and CDE and settle the state’s outstanding water bills.