French electricity grid operator RTE, together with PwC and French infrastructure consulting firm Nodalis, has been chosen to help get Cameroon’s new power grid company operational, Reuters reported.
The consortium will help newly-created Cameroon grid operator SONATREL, define its future organization and transfer of assets following its split from power monopoly ENEO, according to Yahoo.
The central African nation, which suffers from a chronic power deficit and regular blackouts due to inadequate infrastructure, created the power grid company last year, splitting it from ENEO, which is controlled by emerging markets private equity firm Actis Capital.
In related African power news, Egypt Oil&Gas reported that more than $1b in debt and financing commitments from US agencies and private investors under Africa energy initiative, Power Africa, have been finalized. Moreover, Power Africa is tracking more than 500 deals across the continent to install 10,000MW of new generation capacity, connect 20m new customers, and improve electric reliability across the Sub-Saharan Africa.