Cameroon Project Notice - Cameroon Power Sector Reform Program


Project Notice

PNR 54418
Project Name Cameroon Power Sector Reform Program
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
Funded By World Bank
Sector Energy & Power
Country Cameroon , Central Africa
Project Value XAF 2,326,000,000

Contact Information

Company Name Ministry of Water Resources and Energy (MINEE)
Web Site https://projects.worldbank.org/en/projects-operations/project-detail/P178136

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