Takeover of ENEO by the CNPS does not reassure

By Louis Marie Kakdeu An investor pool led among others by the NSIF and the SNH expressed in November 2022 its interest in acquiring the shares of the British Actis fund in Energy of Cameroon (ENEO). If the operation is concluded successfully, then this will consecrate the renationalization of electricity distribution in Cameroon. From a prudent point, this sounds like a relief for consumers who are wondering what the added value of the privatization of the defunct SONEL would have been. But in essence, this rather raises a lot of questions with regard to the political and economic realities of…