Cameroon: Socadel Unveils CFAF 107 Billion Emergency Plan to Revive Electricity Supply

11 Oct 2026 15:15 • 1 source

Summary

Socadel has unveiled a CFAF 107 billion emergency recovery plan for 2026–2027 aimed at improving electricity supply and stabilising its troubled finances. The company is also seeking CFAF 260 billion in funding, including CFAF 150 billion to refinance its existing debt. Cameroon’s electricity sector could be heading towards a major restructuring as Socadel moves to address persistent power supply challenges and mounting financial difficulties. The electricity operator presented its emergency recovery programme this week, outlining measures designed to restore the reliability of electricity generation while improving its financial position. The CFAF 107 billion plan for 2026–2027 focuses on two key priorities: securing a more reliable electricity supply for consumers and restoring the company’s financial stability. Rehabilitation of Power Plants and Expansion of Solar Energy The recovery programme includes the rehabilitation of thermal generating units that are currently out of service, as well as major maintenance work on hydroelectric power plants. Socadel also plans to accelerate the development of solar energy infrastructure as part of efforts to diversify electricity production and reduce dependence on fuel oil. These measures are intended to improve the availability of electricity generation capacity and help address supply disruptions affecting consumers. CFAF 260 Billion in Funding Sought Beyond the emergency programme, Socadel is seeking to mobilise CFAF 260 billion to support its broader recovery efforts. Of this amount, CFAF 150 billion is earmarked for refinancing existing debt. Source: Lejournalducameroun.com

Sources

• List It Africa Insights