Cameroon: WBG approves investment package for Nachtigal
- 27 Jul 2018
Cameroon’s plans to harness the hydropower potential of the Sanaga River took a step forward in mid-July with the approval by the World Bank Group of a $794.5m investment package for the 420MW Nachtigal hydropower project. The run-of-river project, which will cost an estimated $1.3bn, is being developed as a public-private partnership by the government of Cameroon, EDF International and the World Bank’s International Finance Corporation (IFC).
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