In 2018, we provided a €90 million 18-year loan, as part of a €1.26 billion financing programme. Nachtigal is the largest private sector hydro power plant in Africa funded by a project finance structure.
Once commissioned in 2024, Nachtigal will produce over 2,900 GWh a year, adding nearly 30 per cent to the country’s installed capacity.
The construction phase for the project will create more than a thousand jobs during construction, with thousands more expected once Nachtigal is operational in the broader, energy-dependent sectors of the Cameroon economy.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa, Central Africa
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Direct Debt
- Start date
For direct investments, this is the date CDC committed capital to the business or project.
For funds, this is the date that CDC committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- November 2018
For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).
For funds, this is the total amount that CDC has committed to the fund.
This is the investee company’s place of incorporation; or a fund’s jurisdiction.