Magazine article New African

Energy from Deficit to Surplus

Magazine article New African

Energy from Deficit to Surplus

Article excerpt

Energy is the single most critical component in Cameroon's accelerated growth strategy. Despite possessing Africa's greatest hydroelectric potential after DRCongo, only 5% of Cameroon's hydroelectric potential has, to date, been realised.

There are several reasons for this, not least the 198os and 1990s Structural Adjustment Programmes which placed greater emphasis on cash crop production at the expense of many other aspects of the economy.

The country has now embarked on three giant energy projects that will transform it from a power-deficit nation to an exporter of power to a sub-region that is desperately short of energy.

Investors are being invited to participate in the three major projects - at Lom Pangar in the east of the country, and both Memve'ele and Mekin in the south.

The CFA247bn (s500m) Lom Pangar hydroelectric dam is scheduled for completion by July 2014. Finance is being provided by the African Development Bank, the French Development Agency, the Central African States Development Bank and the European Investment Bank.

The project consists of a 6bn cubic metre water reservoir, an electricity plant of 30 megawatts (for rural electrification schemes in the East region) and a high tension line of 90 kilovolts. …

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