New firm to soothe Cameroon's energy crisis

Yaounde The Cameroon government has established a new power firm to boost the West African countrys energy sector, according to a presidential decree।

The public Electricity Development Corporation (EDC), would manage the old infrastructure, as well as promote public and private sector investment to reduce power failures by increasing energy supply.

The firm would acquire funds to construct the Lom Pangar Dam, in eastern Cameroon, to enable AES-SONEL to increase its hydroelectric generating capacity.

In addition to water resources, the firm would also look at gas energy sources to provide sufficient energy supply to the industrial sector.

It wasnt immediately clear whether EDC would make infrastructure investments, would simply encourage them or both. -Business in Africa Online