InfraCo Africa

Private Infrastructure Development Group (PIDG)

About

InfraCo Africa provides early risk capital and equity investments in infrastucture projects to get them to bankability and attract private investment. InfraCo Africa will invest risk capital in the form of a straight shareholder’s agreement or convertible loan agreement to finance project development, including activities such as:

  • Regularly reviewing progress against milestones and budgets, mitigating or resolving potential issues;
  • Completing feasibility studies and the Environmental & Social Impact Assessment, define Environmental & Social Plans;
  • Optimising infrastructure design and apply for key permits, approvals and licenses;
  • Finalising offtake / revenue, fuel supply or other operating agreements;
  • Negotiating construction and operation contracts (EPC);
  • Fine-tuning the financial model, seek and arrange financing, mobilising internal and external expertise as needed to reach financial close; and
  • Managing hand-over to the Asset Management team

Projects owned publicly by cities must be seeking private investment to be eligible.

Assistance Criteria

InfraCo Africa prioritizes projects with a balance between commercial viability and development impact, and where they offer additionallity.

 

Support

USD 1 million – 10 million.

Support Type

  • Grants
  • Equity

Focus

Project Stage

  • Concept/design/scoping
  • Pre-feasibility
  • Feasibility
  • Implementation

Sector

  • Renewable Energy
  • Water, Sanitation, and Waste
  • Transportation/Mobility
Photo Credit: Lize Festers-