ALUCAM still owes close to XAF20 billion to ENEO despite the government's assumption of a previous XAF34 bln debt
Energy ALUCAM still owes close to XAF20 billion to ENEO despite the government’s assumption of a previous XAF34 bln debt (Business in Cameroon) - While ALUCAM’s overall debt to ENEO is currently over XAF50 billion, the April 16, 2021, agreement consecrating the government of Cameroon’s assumption of ALUCAM’s debt to ENEO concerns just the XAF34 billion the aluminum producer was owing as of December 31, 2019, ENEO informs. The reason is that since December 31, 2019, there was no electricity supply contract binding ENEO and ALUCAM because the last one concluded in 2009 ex...
Source: businessincameroon.com