Sunday, 7 May 2017

Energy Sector:



Cameroon and South Africa to reinforce cooperation
The South African High Commissioner to Cameroon, ZaneleMakina, announced the move last weekend
By Nche Jude Mbah in Yaounde
ZaneleMakina and Minister Atangana posed for the press
South African High Commissioner to Yaounde has said that her country is ready to invest in Cameroon’s energy sector. ZaneleMakina made the revelation after an audience with Cameroon’s Minister of Water Resources and Energy, BasileAtanganaKouna, on Friday 28 April 2017.
                According to the High Commissioner, South Africa will be partnering with a major Indian company to boost electricity production and transportation through grids in the country.
                The investment which will extend to electricity regulation and capacity building is aimed to strengthen the existing economic ties between South Africa and Cameroon.
                While noting that the energy sector is well established in her country with electricity having reached almost all rural communities, Zalene said South Africa is a front driver in renewable energy in the continent and will transfer such experience to Cameroon.
                At the end of Friday’s audience, Minister AtanganaKouna said he was very satisfied because funds for the project were already available.

                “We engaged a reform in the electricity sector since 2011 on the instructions of the Head of State. From time to time, foreign investors want to come and work with Cameroon and it is in this light that I have been receiving many delegations,” the Minister disclosed.
                He told newsmen the Director of Electricity at the Ministry of Water Resources and Energy has already started working with the South African investors to identify and elaborate particular segments that will be considered for the investment.
                It should be recalled South Africa is well advanced in petroleum, natural gas, electricity, coal, nuclear, renewable and alternative fuels as sources of energy.


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