The International Finance Corporation (IFC) investments in Cameroon are expected to nearly double, rising from 164 billion CFA francs currently to over 300 billion CFA francs in the next three years. According to Charlotte Ndaw Sako, IFC's Regional Director for the Cameroon cluster, "We have very ambitious goals. We hope to finance over $500 million (over 300 billion CFA francs) over the next three years. The International Finance Corporation (IFC) is a global financial institution and a member of the World Bank Group. Its purpose is to promote private sector development in emerging markets. With 184 member countries, the IFC focuses mainly on the following sectors :   infrastructure (energy, transport, telecommunications), financial markets (banking, insurance, microfinance), health and education, agribusiness and manufacturing, as well as climate and sustainable development.However, the IFCs regional representative specifies that these investments will depend on "the financing and investment opportunities available in Cameroon".According to Charlotte Ndaw Sako, in Cameroon, the International Finance Corporation (IFC) has invested in the Nachtigal hydroelectric dam project, with a capacity of 420 MW. This project cost over 720 billion CFA francs. The IFC also plans to invest in the future Kikot dam, which has a projected capacity of 500 MW. "We participated in Nachtigal, and we would very much like to do the same and support the Cameroonian government for Kikot," explained Charlotte Ndaw Sako

Christelle koambi