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Friday, October 19, 2018

What's left of this Cameroon that may explode with Paul Biya

While turbulence shakes the presidential election, where is Cameroon really, economically and politically? Response elements. 

While Cameroon had launched several infrastructure projects at the same time during Paul Biya's last term, it is clear that the situation is far from rosy. Locomotive of the countries of the Economic and Monetary Community of Central Africa (CEMAC), Cameroon is struggling to provide for its needs. This, despite the diversity of its economy, unlike its neighbors whose main source of income is oil. Economic growth in Cameroon will reach only 4 percent in 2018, according to the IMF.

Yet, the country is engaged on several infrastructural fronts. Next to the construction of "big projects" (dams, highways, gas-fired power plant, etc.) launched in early 2010, the year of the end of the fifth and the beginning of the sixth term of Paul Biya at the head of the country , added to the construction and rehabilitation of football stadiums. Enough to favor the designation of the country as host of the 2019 African Cup of Nations (CAN). That said, the country lives on a drip from the International Monetary Fund (IMF) via the extended credit facility, granted in June 2017. In

parallel he must manage several warplaces that have lit up. The Boko Haram threat since 2013 in the Far North, the incursions of armed militias along the border with the Central African Republic to the east, but especially the socio-political crisis in the north-west and south-west of the country, transformed into "war?Between English-speaking separatists and the army. This table represents the major economic challenges for the candidate who will be declared elected by 22 October, following the results of the presidential election of 7 October.

Major projects stalled

in recent years, President Paul Biya has rarely participated in the Heads of State Summit. But, on September 3 and 4, the Cameroonian president made the trip from Beijing, China, to participate in the 3rd summit of the China-Africa Cooperation Forum (FOCAC). Among other objectives: to ask China for help. In his message, Paul Biya asked for the support of China to finance, "in the short term? ", Three highway projects running in Cameroon for more than five years: Yaounde-Douala, Yaounde-Nsimalen, Edea-Kribi. In addition, President Biya, in the name of "strong friendship Sino-Cameroonian? Asked for the cancellation of Cameroon's debt vis-à-vis China. Request to which China acceded in part.

It must be said that the economy of Cameroon is sealed by the construction at the same time of several infrastructures in the fields of water and energy, with dams Memve'ele (211 Mw), Mekin (15 Mw), Lom-Pangar, Sanaga, Nachtigal and Bini in Warak (75 Mw). All under construction, some of which are being finished. Thus from the gas station of Logbaba in Douala.

Financing to complete some of these projects was completed in the forceps.This is particularly the case of the Lom-Pangar Dam in the Eastern Region. The 30 MW infrastructure project in the Eastern Region has been stalled since the laying of the foundation stone by AfDB President Dr. Adesina Akinwumi on July 16, 2017.

A year later, it took a second formal ceremony of "launching work" by the Cameroonian Minister of Energy to really see the work begin. "The President of the Republic has exceptionally authorized a release of 4 billion FCFA ... At the same time, the ADB has also released at its level. All resources are mobilized for this site to be conducted and delivered within 32 months, "said Minister Gaston Eloundou Essomba.

Despite some improvements ...

According to figures from the Ministry of Water and Energy, in the sector of drinking water distribution, an increase of 31% was registered, or 731,080 m3 / day in 2017 against 498 936 m3 / day in 2011. While, with regard to the production of energy, we still note - according to our source - an improvement of about 60%. That is an energy supply of 1,442 Mw in 2018 (for 1.2 million subscribers) against 900 Mw in 2011 (for 800,000 subscribers). Even if for Emmanuel Wafo, industrialist and president of the Cameroon Association of the professionals of the plastics industry, there is a lot of waste in these projects.

"It is estimated that there is approximately 30% of the energy produced that is lost during transportation. It is desirable that the State quickly gives the means to the National Electricity Transmission Company (Sonatrel) to optimize all this production. "