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Infos Business of Sunday, 15 February 2015

Source: Business in Cameroon

South African Umnombo Consortium partners to build 65bn FCFA electricity

With its 41 stories, Cameroon’s Tour de l’électricité (Tourel) or Electricity Tower is already being presented as the future tallest building in Central Africa.

It will be built by the South African company, Umnombo Consortium Partners, whose head, Pascal Oloo, signed the agreement on February10, 2015 in Yaoundé with the Managing Director of the Electricity Sector Regulatory Agency (Arsel), Jean-Pierre Kédi (photo), with Cameroon’s Prime Minister Philémon Yang in attendance.

Worth 65 billion FCFA, the tower will house the administrative offices of the electricity sector’s three public companies: Arsel, the regulatory agency, the Rural Electrification Agency (AER in French) and Electricity Development Corporation (EDC), the State’s energy infrastructure construction company.

The project will enable the creation of over 1,700 direct jobs and around 2,700 indirect jobs. In addition to the above-mentioned offices, the building will have a hotel, conference rooms and luxury apartments. The construction is slated to last 36 months for technical studies.