Visit of Jean-Louis Borloo to Cameroon
During his tour of Africa including Chad, Mali and Ivory Coast, a former French minister, Jean-Louis Borloo, made a stop Wednesday, May 27, 2015 in Yaounde, Cameroon. This displacement in Africa goes with the creation of his new foundation "Energy for Africa".
During his visit to Yaoundé, he met at lunch Mr. Pierre Hele, Minister of the Environment, Nature Conservation and Sustainable Development and the Minister of Water and Energy, Mr. Basile Atangana Kouna. He then met with Cameroonian Head of State, HE Paul Biya during a hearing at the presidential Palace.
The former French Minister, retired from politics, is currently involved in a project of development of the African continent with energy as a focus. The foundation "Energy for Africa", newly created, aims to raise funds to carry out electrification projects on African soil. The objective would be to raise EUR 5 billion of international subsidies over a period of ten years. An electrification agency in Africa should also be created after the summit of the African Union to be held on June 15, 2015. It will fund the various projects from the raised ones.
The vital energy, which is also a prerequisite for other areas such as access to water, education, health or employment reveals the need for the electrification of the continent which must be accessible at affordable prices for local actors. Borloo also emphasizes its commitment to only be the coordinator of this project which will be managed and developed by African actors.
The major energy potential of Cameroon, which is the second hydroelectric potential of the continent and the 20th worldwide, was an issue raised by former French minister. The commitment to a program of support of the massive and fast electrification of Cameroon by the Head of State, His Excellency Paul Biya, and the country’s ability to absorb CO² were also highlighted during the visit.