EDC formalizes capital increase to CFAF 25.3 billion using earlier state funding

Author: Investir au Cameroun PublicationPublished on: October 20, 2026Country: Cameroon

Business & Economy

EDC formalizes capital increase to CFAF 25.3 billion using earlier state funding

Electricity Development Corporation (EDC) increased its share capital from CFAF 15 billion to CFAF 25.289 billion, a rise of 68.6%, by incorporating CFAF 10.289 billion provided by the state between 2008 and 2010. The funds are not new financing: the Ministry of Finance had made them available when EDC began operations, and the company recorded them as investment subsidies because their nature had not been specified. An extraordinary general meeting approved converting the claims into capital. The amendment filing was submitted on October 7, 2026, to the registry of the Yaoundé-Centre administratif court of first instance.

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