Business

Cameroon – Electricity: French RTE will provide expertise for the operation of Sonatrel in Cameroon

SONATREL
Written by Deckson N.

As part of the operation of the Société nationale de transport de l’électricité (Sonatrel – National Electricity Transport Company) of Cameroon, the government laid claims to the expertise of the company RTE International, fully-owned subsidiary of RTE, the company managing the French power grid network.

The Ministry of Public Procurement has just awarded to this effect, a contract worth a total of FCfa 2.9 billion to a consortium led by this French company. The service will last 17.5 months, we officially learn.

Also in this consortium in charge of getting Sonatrel back on track is the international audit and accounting firm PricewaterhouseCoopers (PwC), who will certainly take care of the financial aspects; as well as the firm Nodalis Conseil.

This consultancy firm is specialised in infrastructure and public services in developing countries. It operates mainly in the energy, transport, water and sanitation, waste management and urban development.

A public company created by presidential decree on 8 October 2015, Sonatrel, who manages the power grid in Cameroon, was equipped with corporate organs at the end of a Board meeting held in Yaounde on 9 February 2016. Civil Administrator Mbemi Nyankga thus became its very first MD.

Talking on 18 January 2016 to the press, the Minister of Economy, Louis Paul Motaze, revealed that the Cameroonian government received an agreement in principle from the World Bank, who is ready to support the launch of the activities of this company through financing worth approximately FCfa 660 billion.

BIC

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Deckson N.

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