Electricity: Socadel announces a 107 billion FCFA emergency plan without detailing its funding

Socadel, the Cameroonian electricity company, announced an emergency plan of 107 billion FCFA for 2026-2027 to improve power supply and financial stability. The plan includes rehabilitating thermal units, maintaining hydroelectric plants, developing solar parks, and strengthening distribution networks. The company aims to speed up industrial connections, reduce electricity losses, and modernize network monitoring tools, seeking a total of 260 billion FCFA through two bank mandates, with 150 billion allocated for debt refinancing.