India to build Cameroon power units in $250 mln deal

Indian engineering firm Angelique International will build two hydro power plants in Cameroon as part of a 125 billion CFA francs ($251.5 million) aid deal, the central African country said late on Tuesday. State-owned Export-Import Bank of India will loan the money to Cameroon, the second such deal signed between the Gulf of Guinea nation and Angelique in the past two months.