RE: Business in Cameroon31 Mar 2022 13:48
Electricity: Belgian Patrick Eeckelers takes over as head of Eneo, in a high-voltage sector
(Invest in Cameroon) - At the end of a session of the Board of Directors, held on March 30, 2022 in Yaoundé, the electromechanic of Belgian nationality, Patrick Eeckelers, was appointed to the position of CEO of Eneo, the concessionaire of the public electricity service in Cameroon. From sources inside this company, controlled by the British investment fund Actis, it was a simple formality. Patrick Eeckelers joined the company on 12 January 2022 and was already almost CEO of Eneo, in his capacity as special advisor to his predecessor Éric Mansuy. The latter, who will have spent 3 years at the head of this electricity company, has decided not to renew his mandate.
Formerly of Électricité de France (EDF), now Engie, Patrick Eeckelers has 30 years of experience in the energy sector, including 20 years of international assignments, notably in Dubai, Saudi Arabia, Hungary, Bolivia, Peru, Turkey, Thailand, Belgium, etc. Will this long international experience only allow him to restore Eneo's image? Interface between the sector and the public, the electrician is regularly under the hot seat, because of the load shedding that has become the daily lot of Cameroonian populations and companies.
Indeed, Patrick Eeckelers takes the reins of a company operating in an environment marked by a glaring underinvestment in the transport network, making it the main Achilles heel of the sector today. Throughout 2021, for example, this transport network, whose management has been transferred since 2018 to the state-owned company Sonatrel, collapsed several times, plunging almost the entire country into darkness. Since 2012, investments in the transport segment have been almost stopped. The project to upgrade electricity transmission networks and reforms the sector (2016-2022), which was supposed to make up for this delay, is stalling (around 10% implementation rate at the end of September 2021), despite the availability of financing.
https://www.investiraucameroun.com/energie/3003-17717-electricite-le-belge-patrick-eeckelers-prend-la-tete-d-eneo-dans-un-secteur-sous-haute-tension
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