Cameroon power firm to spend $60 mln on improving supplies in 2015

April 7, 2015 7:20 PM

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YAOUNDE, April 7 (Reuters) - Cameroon power company eneo plans to invest 37.5 billion CFA francs ($62 million) in 2015, its general manager said on state radio on Tuesday, as it seeks to improve the reliability of the country's power supply.

The central African oil and cocoa producer suffers from regular blackouts, especially in the dry season as water levels in hydroelectric reservoirs dwindle. Cameroon has vowed to improve electricity supplies as part of a broad economic plan to become an emerging market country by 2035.

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