Govt partners Chinese Huawey on solar project at 53bn CFA

Government and the Chinese company Huawey Technologies & Co. Limited signed a credit agreement, amounting to 53 billion CFA Francs for the financing of the first phase of the electrification of 350 locations in the country by solar system, APA learned from official source on Saturday.

For an 18-month turnaround time, this phase relates to 166 locations scattered throughout the national territory. A pilot phase has already been done in Soa, on the outskirts of the capital Yaoundé and Sangmélima (South), at the birthplace of the head of State Paul Biya.

In a comprehensive manner, this project aims at the increase of coverage of rural electrification rate, currently estimated at 20%, the empowerment of energy supply as well as the creation of income generating activities in affected areas.