Project Detail |
The development objective of the Power Sector Reform Program for Cameroon is to improve financial performance and transparency of the electricity sector and increase access to electricity in Cameroon. In line with the objectives of national development strategy (NDS)-30, the Government of Cameroon (GoC) has elaborated its Cameroon electricity sector recovery plan (CESRP) 2023-2027 to implement reforms that will address the challenges faced by the sector. The CESRP encompasses the following seven priority areas: (a) a greener electricity generation mix; (b) a resilient transmission grid; (c) a financially sustainable sector; (d) a well-performing operator; (e) an increased access to electricity; (f) an expanded industrial load; and (g) a skilled local workforce.
The Programs Development Objective is to improve financial performance and transparency of the electricity sector, and increase acc ess to electricity in Cameroon.
Key Details
Project Details
Project ID
P178136
Status
Active
Team Leader
Roger Coma Cunill,Olayinka Mutiat Edebiri
Borrower 2
Republic of Cameroon
Country
Cameroon
Approval Date
(as of board presentation)
August 3, 2023
Total Project Cost 1
US$ 2326.00 million
Implementing Agency
Ministry of Water Resources and Energy (MINEE)
Region
Western and Central Africa
Fiscal Year 3
2024
Commitment Amount
US$ 300.00 million
Environmental and Social Risk
Substantial
Last Update Date
July 13, 2023
Closing Date
N/A
Last Stage Reached
Bank Approved |