Veolia’s Guinea management contract offers new model for utilities


In depth
Issue 304 - 10 Jul 2015 | 10 minute read

A World Bank-backed management services contract awarded to Veolia in Guinea represents a new model for running utilities, the French water and electricity giant’s chairman and chief executive for Africa and the Middle East Patrice Fonlladosa has told African Energy. Under a contract drafted with the International Finance Corporation (IFC), senior Veolia executives will take over national utility Electricité de Guinée (EdG)’s management. Although Veolia intends to work closely with local staff, “ultimate responsibility for decisions at EdG will rest with the nominated manager”, Fonlladosa said on 6 July: “This is quite unique. I have never experienced it in Africa.”

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