Cameroon promises payment of FCFA 45 bn to Eneo to reduce crisis in energy sector

Compiled by SIMON NDIVE KALLA More information on the outcome of negotiations conducted for several months between Cameroon, Eneo, and its suppliers on the liquidity crisis affecting the electricity sector, has just been revealed. Indeed, during the consultations led by the Prime Minister, Cameroon decided “to settle a first batch of certified invoices for a total amount of FCFA 45 billion allowing for the injection of fresh money into the sector,” revealed Eric Mansuy, Eneo’s Managing Director MD, in an interview published by Energie Médias on Tuesday February 11, 2020. “This operation will enable the partial settlement of energy and…