Nachtigal Falls, Cameroon

Africa50-Project Finance

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



  • 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.


  • 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/


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


Africa50's Role

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


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