Nachtigal Falls, Cameroon

Africa50-Project Finance

Nachtigal Amont HPP is a 420 MW hydropower plant under construction on the Sanaga River, 65 kilometres from Yaoundé, with a 50-kilometer transmission line to Nyom. It is expected to be completed in about five years at a cost of around €1.2 billion and it will be operated under a 35-year concession.

The project reached financial close in December 2018. The African Development Bank is a lender to the project.

25%

increase in Cameroon’s generation capacity

1m

tons of CO2 emissions expected to be avoided annually

1500

jobs created

Africa50's Role

Africa50 acquired 15% of the equity stake in the Nachtigal Hydro Power Company (NHPC) from the Government of Cameroon.

Partners

Electricité de France (EDF), International Finance Corporation (IFC), STOA Infra&Energy (Fund), Government of Cameroon (GoC)

Development Impact

  • The plant is expected to increase Cameroon’s generation capacity by more than 25%, improving access to electricity for consumers.
  • The lower prices from hydropower are expected to improve the long-term financial sustainability of the sector, making electricity more accessible to the poor, and saving consumers about US$100 million over a seven-year period.

Environment

  • The plant is expected to help raise the share of renewables in Cameroon’s energy mix to 75% by 2022 and avoid the emission of one million tons of CO2 annually/

Employment

  • The project is expected to create up to 1,500 direct jobs during construction (65% locally sourced), and many permanent jobs upon completion

Press Releases

Project Photos

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