Privatization of the electricity sector in Cameroon information
The privatization of the electricity sector in Cameroon refers to the process by which the generation, transmission, distribution, and sale of electricity in Cameroon has been transferred from the state to the private sector. This includes the sale of assets and the granting of concessions to the private sector. The landmark event of this process is the sale of 56% of the Société National d'Electricité (SONEL), the fully integrated public company responsible for the generation, transmission, distribution, and sale of electricity in Cameroon, to AES Corporation in 2001. The deal also granted concessions for each sub-sector to the newly formed AES-SONEL company. The new regulatory framework to prepare for this privatization was implemented between 1998 and 2000.[1][2]
In 2011, a law set a new regulatory framework allowing for the introduction of more competition, in particular in the production sector. In addition, the law established the basis for the disintegration of the electricity sector by the renationalization of the transmission subsector.[3]
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