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PFI Awards 2018
The Nachtigal hydroelectric dam project in Cameroon received the Global Multilateral Deal of the Year award from Thomson Reuters - Project Finance International (PFI) on February 6. The AFD Group, which granted €150 million to the project, and Proparco in particular, arranger of the debt of European development banks, played a major role in this operation.

When commissioned in 2023, the plant will produce more than 2,900 GWh/year, or nearly 30% of the country's electricity production. It will improve and secure people's access to electricity while contributing to the country's low-carbon transition and lowering the average cost of electricity production in the country.

This is the second consecutive year that a project financed by Proparco receives a PFI award after the one received in 2018 for the renovation and expansion of the Antananarivo and Nosy Be airports in Madagascar (category "Transport - Africa/Middle East").

Thomson Reuters PFI's article on this project and this award is available at the following address: PFI Awards 2018

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