Nachtigal Falls, Cameroon

Africa50-Project Finance

The project was developed by Nachtigal Hydro Power Company, whose shareholders are the Republic of Cameroon, Électricité de France, International Finance Corporation, STOA, and Africa50.

Africa50's Role


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

Partners


The shareholding of NHPC is comprised of EDF, IFC, the Republic of Cameroon, Africa50, and STOA.

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 longterm financial sustainability of the sector, making electricity more accessible for the poor, and
    potentially saving consumers about US$100 million over seven years.
  • It is expected to create up to 1,500 direct jobs during construction (55% locally sourced) and many permanent jobs upon completion.

Environment

  • The plant is expected to help raise the share of renewables to 75% by 2022 and avoid one million tons of CO2 per year.

Project Photos

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