Cameroon: IFC To Increase Access to Clean Cooking Using LPG

Another €10 million loan is being sourced from a leading development finance institution. BOCOM will use the loan to expand its LPG operations across Cameroon by funding the expansion of its main LPG storage and filling center while building new distribution regional hubs.

BOCOM will also expand its fleet of LPG transportation trucks and is expected to create an additional 160 direct jobs.

“We are proud to partner with BOCOM to foster access to cleaner and safer fuel, while supporting Cameroon’s energy transition. Our partnership will also help promote economic inclusion in regions of the country where private sector investment has been lagging for years, helping create jobs and boost the local economy,” said Sylvain Kakou, IFC Country Manager for Cameroon.

Share This Article

Share on twitter
Share on facebook
Share on linkedin
Share on reddit
Share on whatsapp
Share on email

Other Reads

Onur Yilmaz

Onur Yilmaz

Subscribe below to stay in touch about the latest news and event updates

X
X