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Eneo Cameroon S.A. is Cameroon's primary electricity operator, managing the generation, transmission, and distribution of electrical power. The company oversees the national grid, utilizing its substantial generation capacity to deliver a consistent and reliable energy supply. It underpins national economic growth and fulfills the daily power needs for diverse clientele.
Established in 2014, Eneo Cameroon S.A. succeeded AES-SONEL as the national concessionaire for electricity services. Its formation optimized power management and delivery across the country. This transition represented a strategic national initiative to enhance the efficiency and reach of Cameroon's energy infrastructure, rather than stemming from a singular entrepreneurial inception.
Serving over 900,000 residential, corporate, and industrial clients, Eneo Cameroon S.A. drives national development and improves living standards. Its vision ensures universal access to stable and affordable electricity throughout Cameroon. The company commits to strengthening its network and service quality to meet the nation's escalating energy demands.
ENEO has 1 tracked investment across 1 company. The latest tracked deal is $140.0M Series C in Oxa in January 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 10, 2023 | Oxa | $140.0M Series C | — | Mitsuru Yamaguchi, BGF, Erin Hallock, Halma, Hostplus, Kiko Ventures, Ocado, Tencent Holdings, Venture Science, ZF |