Nachtigal dam: Over 1,300 employees already active on site

Construction

Nachtigal dam: Over 1,300 employees already active on site

Comments

- Thursday, 28 November 2019 12:02

(Business in Cameroon) - Jean-Bernard Levy, CEO of Électricité de France (EDF), a shareholder in the Nachtigal dam construction project in Central Cameroon, was on the construction site on November 26, 2019.

During this field trip, accompanied by Cameroon's Minister of Water and Energy Gaston Eloundou Essomba, it was revealed that more than 1,300 employees are already working on this project, which was officially launched in February 2019.

These employees, and others to be recruited, are working to deliver, in 2023, a 400 MW dam representing one-third of the country’s current power generation capacity.

BRM

Follow @investcameroun

AfDB reports CFA3tn in financing for Cameroon over 60 years

The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...

Cameroon spends nearly CFA71bn on public debt interest in Q1 2024

In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....

Cameroon's domestic debt rose by CFA169bn in Q1 2024, driven by public securities

Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...

Infrastructure projects receive over 56% of AfDB funding in Cameroon

The African Development Bank (AfDB) reports that 56.5% of its portfolio in Cameroon is dedicated to financing transportation infrastructure. Among the...