Sovereign Project

Cameroon - Support Programme for Recovery of the Power Sector (PARSEC), Phase I

Cameroon · {'name': 'Yaoundé', 'coordinates': '3.86667 11.5167'}, {'name': 'Douala', 'coordinates': '4.04827 9.70428'}

Energy sector policy, planning and administration · Public investment / AfDB sovereign financing

Estimated cost63m XDR
Financing soughtAfDB sovereign financing approved
Project structurePublic investment / AfDB sovereign financing
Target date2026-12-31
Sponsor / contactMinistère de l'Eau et de l'Énergie

Ministère de l'Eau et de l'Énergie
RDGC

Cameroon

Description

The Support programme for the recovery of the electricity sector in Cameroon (PARSEC)-Phase I is a Cameroonian government program aimed at increasing the country's electricity supply and improving electricity sector governance, with a view to creating the conditions for strong, inclusive and sustainable economic growth. PARSEC is based on targeted measures aimed at improving the performance of the electricity sector, which is marked by low transmission and distribution yields, insufficient and poorly qualified human resources, and a highly uncertain system for collecting royalties. The program will be implemented through two main components: (i) increasing electricity sector revenues, and (ii) improving sector governance. The project contributes to climate finance, with 20 million USD of the total approved amount dedicated to mitigation.

Status
Ongoing
Last update
14 Aug 2026
Source
African Development Bank Group · IATI
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