Cameroon: around 1.2 billion USD to modernize Sonara’s infrastructure

To rebuild and modernize the infrastructure of the National Refining Company (Sonara) destroyed by a fire on May 31, 2019, the Cameroonian government has approved a budget estimated at 700 billion CFA francs (around 1.2 billion USD). Initially, only rehabilitation works were estimated at 250 billion CFA francs (around 435 million USD). The announcement was……