Financing a dam in Cameroon
‘The seriousness of the increasing water stress and drought in Africa is a growing concern. Despite this daunting challenge, Morocco is succeeding in tackling it thanks to its new infrastructures and its commitment to the United Nations Sustainable Development Goals. Attijariwafa bank is keen to contribute to this vision, which includes all of African countries, and to extend the Kingdom's support in this regard.
The Group has invested in the construction of the Nachtigal hydroelectric dam, which is a structuring project for the State of Cameroon. It is one of Cameroon's priority projects up to 2035, with the ultimate goal of increasing the country's energy supply and improving the living and working conditions of many families. Attijariwafa bank is the loan agent for the local branchs, the onshore security agent and the account-holding bank.
