Africa50 Acquires 15% of the Equity in Landmark €1.2 Billion Nachtigal Hydropower Plant in Cameroon
Africa50, the pan-African infrastructure investment platform, has acquired 15% of the equity stake in the Nachtigal Hydro Power Company (NHPC) which runs the Nachtigal hydropower project in Cameroon. Under the terms of the agreement signed today in Yaoundé, Africa 50 purchased its stake from the Government of Cameroon, an Africa50 shareholder, helping free-up public funds…