The Government of Cameroon has announced plans to attract $6.5 billion (about 4.03 trillion XAF) in private investment to finance nearly half of its National Energy Compact (CEN) a bold initiative adopted in 2025 to modernize the country’s electricity sector and achieve universal energy access by 2030.
The Compact, valued at $12.5 billion (7.75 trillion XAF), combines public funding, concessional loans, and private capital to expand power generation, strengthen transmission and distribution networks, and accelerate the rollout of renewable energy across the nation.
To build investor confidence, the government is undertaking a series of institutional and regulatory reforms. A new electricity law, expected by 2026, will clearly define Public-Private Partnership (PPP) frameworks, investment durations, and profitability terms. Additionally, a one-stop shop will be established to streamline energy investment procedures.
A dedicated renewable energy law will introduce technical standards, incentives, and licensing terms to promote mini-grids and stand-alone solar systems, supporting clean energy access in rural and off-grid areas.
The government also plans to roll out a national digitalisation strategy for the energy sector by 2026, focusing on geospatial electricity planning, digital monitoring, and preparation for smart grid technologies to enhance efficiency and transparency.
To mitigate financial risks, the state will introduce payment stabilization and guarantee funds to support viable private projects, along with incentives for local production and recycling of electrical equipment and infrastructure development.
Through these efforts, Cameroon aims to provide electricity to an additional eight million people, increasing national access from 74 per cent in 2025 to 100 per cent by 2030, according to the Ministry of Water and Energy (MINEE).
The plan also seeks to boost clean cooking access to 40 per cent, up from 23.4 per cent in 2022, allowing 1.7 million people annually to transition to LPG, electricity, or biogas.
By 2030, Cameroon targets a 10 per cent share of renewable energy in its national mix, marking a decisive step toward a sustainable, inclusive, and digitally driven energy future.