Cameroon Nationalizes Electricity Sector, Creates SOCADEL

Cameroon nationalizes electricity sector with creation of SOCADEL

© Actu Cameroun In a landmark move for Cameroon’s energy landscape, President Paul Biya signed a presidential decree on May 4, 2026, officially transforming "Energy of Cameroon" ENEO Cameroon S.A. into a fully state-owned corporation. The new entity, named the Cameroon Electricity Corporation, will be known by its abbreviation, SOCADEL. With headquartered in Douala, SOCADEL begins its operations with the state as the sole shareholder, though the decree allows for the possibility of opening sh...

By Louisa KINYUY