If this share takes another 5 years to come good I will be telling all the other members in the old peoples home about the goings on through out the days , but it will not matter because I would have forgotten telling them the day before so it will give me a way of filling up the days, and the other guests of the home will not remember me telling them so they will still be interested. It looks like that could be a most enjoyable time.
Cameroon: towards the extension of the concession contract for the electrician Eneo beyond 2021 Monday, 11 May 2015
The concession contract of the public service electricity in Cameroon, which is currently the beneficiary Eneo company (Energy of Cameroon) controlled by the British investment fund Actis, which recently acquired the assets of American AES in the area electricity in Cameroon, could be extended beyond the year 2021, date of expiry, has-been learned from authorized sources.
Indeed, in the press having sanctioned the last Board of Directors held in Yaoundé Eneo 23 April 2015, the Council recommends to the General Directorate "to finalize and sign the new amendment to the concession contract between Cameroon SA and Eneo the Republic of Cameroon. " According to our sources, this new amendment seeks, among other objectives, to obtain the Cameroonian government an extension of the concession contract qu'Eneo inherited Aes Sonel.
A source close to the case said: "l e of Eneo investment program for the next 10 years amounts to date to 477 billion CFA francs. But in the current state, the concession contract inherited AES covers the period until 2021. No formal discussions have been initiated on its extension, but can validly think that the rider will cover the period Minimum extension, which will be able to cover at least the duration of the repayment of the debt contracted by the company to the lenders. It is the objective of this rider. Namely, align the duration of the repayment of loans needed by the operator on the contract under which it operates. "
I know I was a young filly full of enthusiasm when I first invested here ready to make a pot of money now me pot is empty. I feel an attack from the Johhnnies could be imminent because we are not making as much money as them still we shall be here when they are long gone.
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