Construction of USD1.1 billion hydropower PPP project in Cameroon partially completed
Besix, the project owner for the Nachtigal dam concession, has achieved significant construction progress for the Nachtigal dam structure located on the Sanaga River. Besix is leader of consortium, which is made up of Nouvelles Générations d’Entrepreneurs (NGE Group) and Société Général des Travaux de Maroc (SGTM).
The project involves the construction of a 2 km long and 14-meter high dam with roller-compacted concrete along with a 3 km supply canal and seven 60MW turbines. The dam will have a cumulative capacity to produce 420MW via hydroelectric plant. The project is scheduled to be operational within 57 months.
The estimated investment value for the project is US$1.1 billion, out of which US$300 million were financed by World Bank. The project is being developed by Nachtigal Hydro Power Company, a consortium comprising EDF, State of Cameroon, and the International Finance Corporation.
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May 10, 2021
IFC to advise on USD220 million Bus Rapid Transit PPP project in Cameroon
International Finance Corporation (IFC) will act as transaction advisor for Bus Rapid Transit (BRT) system project in Douala, Cameroon
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July 16, 2019
Letter of intent signed for 1 GW hydropower PPP in Cameroon
The Republic of Cameroon, represented by the Ministry of Water and Energy (MINEE), Hydromine, and Eneo Cameroon (ENEO) has signed a letter of intent for the 1,000 MW Grand Eweng hydropower project in Cameroon.
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March 05, 2014
Cameroon seeks private partners for 14 projects
Emmanuel Nganou Djoumessi, the Cameroonian Minister of Economy, has announced that the government is seeking local and foreign partners for 14 projects majority in the infrastructure and energy sector. Read more -
May 05, 2014
Belgian company prefarail signs cameroon first tramway on bfot
On April 25 2014, the Cameroonian government and Préfarail signed a memorandum of understanding (MOU) for the construction of the first tramway in Cameroon, in the city of Yaoundé. Read more
