Cameroon's Kikot Dam Project Attracts Over 50 Financiers

More than 50 financial institutions have expressed interest in financing Cameroon’s planned 500 MW Kikot-Mbebe hydropower project. The strong initial lender interest comes before firm financing commitments and while the project’s final cost remains unresolved, with current estimates that differ by CFA748 billion. Ahmat Tom, chairman of Kikot-Mbebe Hydro Power Company (KHPC), disclosed the number on September 15, 2026, in Yaoundé during a meeting that presented the project to potential financial partners. The institutions emerged from a market-sounding exercise conducted to gauge potential lenders’ interest and collect initial feedback before the financing structure is finalized. Their expressions of interest do not yet represent firm financing commitments. KHPC has not disclosed the full list. However, information obtained from the company identifies several international development institutions and banks among the potential financiers, including the International Finance Corporation (IFC), Proparco, the African Development Bank (AfDB), the Islamic Development Bank (IsDB), Afreximbank, Germany’s state-owned development bank KfW and BNP Paribas. Several Cameroonian banks have also shown interest. <p class="texte" style="text-align: ...