{"id":491069,"date":"2026-05-21T14:20:11","date_gmt":"2026-05-21T14:20:11","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/05\/21\/cameroon-eneo-passes-on-a-debt-of-around-1-5-billion-usd-to-socadel\/"},"modified":"2026-05-21T14:20:19","modified_gmt":"2026-05-21T14:20:19","slug":"cameroon-eneo-passes-on-a-debt-of-around-1-5-billion-usd-to-socadel","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/05\/21\/cameroon-eneo-passes-on-a-debt-of-around-1-5-billion-usd-to-socadel\/","title":{"rendered":"Cameroon: Eneo passes on a debt of around 1.5 billion USD to Socadel"},"content":{"rendered":"<p>After the creation of the Cameroonian Electricity Company (Socadel) by presidential decree on May 4, 2026, following the purchase of 51% of Energy Cameroon&#8217;s (Eneo) assets for 78 billion CFA francs (nearly 140 million USD), the total debt of the latter is estimated at nearly 800 billion CFA francs (around 1.5 billion USD). In addition... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F05%2F21%2Fcameroon-eneo-passes-on-a-debt-of-around-1-5-billion-usd-to-socadel%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>After the creation of the Cameroonian Electricity Company (Socadel) by presidential decree on May 4, 2026, following the purchase of 51% of Energy Cameroon&#8217;s (Eneo) assets for 78 billion CFA francs (nearly 140 million USD), the total debt of the latter is estimated at nearly 800 billion CFA francs (around 1.5 billion USD). In addition... <\/p>\n<div class=\"pmpro\"><div class=\"pmpro_card pmpro_content_message\"><h2 class=\"pmpro_card_title pmpro_font-large\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"var(--pmpro--color--accent)\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" class=\"feather feather-lock\"><rect x=\"3\" y=\"11\" width=\"18\" height=\"11\" rx=\"2\" ry=\"2\"><\/rect><path d=\"M7 11V7a5 5 0 0 1 10 0v4\"><\/path><\/svg>Membership Required<\/h2><div class=\"pmpro_card_content\"><p> You must be a member to access this content.<\/p><p><a class=\"pmpro_btn\" href=\"https:\/\/www.financialafrik.com\/en\/membership-account\/membership-levels\/\">View Membership Levels<\/a><\/p><\/div><div class=\"pmpro_card_actions pmpro_font-medium\">Already a member? <a href=\"https:\/\/www.financialafrik.com\/en\/login-3\/?redirect_to=https%3A%2F%2Fwww.financialafrik.com%2Fen%2F2026%2F05%2F21%2Fcameroon-eneo-passes-on-a-debt-of-around-1-5-billion-usd-to-socadel%2F\">Log in here<\/a><\/div><\/div><\/div>","protected":false},"author":536817,"featured_media":491071,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12028,12038,12036],"tags":[],"class_list":["post-491069","post","type-post","status-publish","format-standard","has-post-thumbnail","category-energy","category-premium-en","category-sectors","pmpro-level-required","pmpro-level-1","pmpro-level-3","pmpro-level-4","pmpro-level-5","pmpro-level-6","pmpro-level-7","pmpro-no-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cameroon: Eneo passes on a debt of around 1.5 billion USD to Socadel - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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