Power Africa has supported the development of 420 megawatts (MW) of electricity generation projects in Cameroon. In addition, various firms have received U.S. Embassy support to move transactions forward. The exhibits below illustrate Power Africa’s financially closed transactions in Cameroon, some of which are already online and generating critical electricity supply for the people of Cameroon.

Power Africa Financially Closed Transaction in Cameroon

Nachtigal (Hydro – 420MW)

Financial Close Date: 12/24/2018
Commercial Operations Date: 2023
Estimated Project Cost: $1.43B
Overview: Nachtigal is a 13.6 meter high and 1,455 meter long dam originally developed by Compagnie Camerounaise d'aluminium, with EDF and World Bank International Finance Corporation (IFC) Infraventures entering with the government in 2014.  It is now owned 40% by EDF, 20% IFC, Government of Cameroon 15%, Africa50 15% and Stoa 10%. Lenders are IFC as the lead arranger with African Development Bank, Proparco, FMO (Dutch Development Bank), The Emerging Africa Infrastructure Fund, Asian Development Bank, Africa Finance Corporation, CDC Group, European Investment Bank, and the Opec Fund for International Development.