Unveils $190 Million Power Recovery Plan, but Funding Remains Unclear

Cameroon’s Socadel Unveils $190 Million Power Recovery Plan, but Funding Remains Unclear BY Baudouin Enama Cameroon's state-owned electricity utility Socadel has unveiled a CFA107 billion emergency plan for 2026–2027 to improve power supply and restore its financial health, but key questions remain over how the program will be funded. In an October 8, 2026, statement, the company, formerly known as Eneo, said it expects to draw on financial resources that it has yet to secure. It provided no details on the amounts already available, the allocation of funds to individual projects, or the timetable for disbursements. The plan covers the rehabilitation…