Cameroon

Chad aims to double its oil production to 250,000 barrels per day by 2030

Faced with declining production, Chad is betting on an ambitious strategy to double its oil output by 2030, relying on public investments in infrastructure and sector governance.

Cameroon seeks up to $177 mn to secure Nachtigal project

Cameroon’s Ministry of Finance is negotiating a bank credit to guarantee payments owed to NHPC, as Éneo’s financial situation jeopardises the Nachtigal hydropower plant.

Cameroon plans ten new 25 MW hydropower plants by 2030

The Cameroonian government plans to build ten low-capacity hydropower plants over the next five years as part of a national programme to strengthen energy infrastructure across the country.
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Cameroon to exempt biofuel equipment from customs duties starting 2026 to boost the sector

Cameroon will adopt a customs exemption on industrial equipment related to biofuels starting in 2026, as part of its new energy strategy aimed at regulating a still underdeveloped sector.

GSU met en service 50 MW solaires avec stockage à N’Djamena

Global South Utilities, filiale de Resources Investment LTD, inaugure à N’Djamena la centrale Noor Chad de 50 MW avec 5 MWh de stockage, dimensionnée pour alimenter des centaines de milliers de foyers et exploitée directement par l’entreprise.

European Union unlocks €545mn to modernise African power grids

Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.
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Release by Scatec expands hybrid solar plants to 64.4 MW in Cameroon

The Norwegian subsidiary has launched the second phase of its projects in Maroua and Guider, bringing total capacity to 64.4 MW of solar and 38.2 MWh of storage with an annual target of 141.5 GWh.

Cameroon boosts solar capacity with additional 28.6 MWp in Maroua and Guider

The Cameroonian government launches the extension of two solar plants in the Far North, increasing their combined capacity to 64.4 MWp, with support from international investors.

Multilateral climate funds redirect energy finance towards emerging markets

Between 2015 and 2024, four multilateral climate funds committed nearly eight bn USD to clean energy, attracting private capital through concessional terms while Africa and Asia absorbed more than half of the volume.
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African Debt: Why Investors Must Anticipate Immediate Climate Impacts

African countries now spend more on debt service than on education and healthcare, limiting essential investments despite significant energy potential. The G20, under pressure, struggles to provide an adequate response to the financial and climate challenges.

Mirova grants $10mn loan to EDF for solar projects in Africa

EDF will strengthen its off-grid platform in Africa with a $10mn loan from Mirova to expand electricity access to 5 million people by 2030.

Savannah Energy increases revenues by 19% and strengthens oil assets

Savannah Energy recorded a 19% rise in revenues in the first quarter of 2025, driven by the integration of a new asset in Nigeria and improved cash flows.
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Qair launches two hybrid solar plants totalling 30 MWp with storage in Chad

French group Qair has begun construction on two hybrid solar plants in N’Djamena totalling 30 MWp with battery storage, under a 20-year BOOT contract with the Chadian government.

Cameroon plans two new gas power plants totaling 500 MW

Cameroon has announced the upcoming construction of two gas-fired power plants totaling 500 MW in Bekoko and Douala under public-private partnerships, contingent upon gas supply assurances from the National Hydrocarbons Corporation.

Tower Resources accelerates drilling of NJOM-3 well in Cameroon

British company Tower Resources is intensifying preparations for drilling the NJOM-3 well on the Thali block, awaiting government approval for a license extension and a farm-out agreement with Prime Global Energies.
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Cameroon: Launch of the Selection for the Kikot Hydroelectric Dam (500 MW)

Cameroon opens the initial selection for companies to participate in the construction of the 500 MW Kikot hydroelectric dam. The financing, estimated at over one billion euros, will involve the World Bank and other partners.

Cameroon finalizes a 15-million-dollar oil agreement with Tower Resources

Cameroon welcomes a new strategic agreement between Tower Resources and Prime Global Energies, mobilizing 15 million dollars to develop the NJOM-3 well, a key offshore oil project planned for 2025.

Cameroon establishes a 94-hectare military camp to secure the Nachtigal dam

A 94-hectare military camp will be set up to enhance the security of the Nachtigal hydropower dam, now in its final construction phase with 98% completion.
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A Funding Provider Proposes Key Financing for the Thali Oil Project in Cameroon

The Thali oil project of Tower Resources in Cameroon receives a major financing offer that could unlock crucial advancements, conditional on obtaining an essential license extension.

Lagdo dam: Risk management between Cameroon and Nigeria

The controlled opening of the Lagdo dam in Cameroon is causing concern in Nigeria, although hydrological authorities in both countries are tempering the risk of major flooding.