InfraCo Africa funds pre-financial close infrastructure development in sub-Saharan Africa.
InfraCo Africa seeks to alleviate poverty by mobilising investment into sub-Saharan infrastructure projects. We do this by funding teams of experienced project developers or by investing directly into projects which need the financial commitment and leverage that InfraCo Africa can bring. Our support reduces the risks and costs associated with early stage project development, ensuring that a project develops from concept to bankable investment opportunity.
InfraCo Africa is part of the Private Infrastructure Development Group (PIDG). Established in 2004, we are managed as a private company although funded by the governments of Austria (ADA), the Netherlands (DGIS), Switzerland (SECO) and the UK (DFID). Our projects have mobilised over US$2 billion of investment and provided new infrastructure for approximately 13 million people, improving living standards and powering economic growth in sub-Saharan Africa.
Having secured a further tranche of funding, we are seeking new projects that fit within our mandate or new developers that we can partner with on a one-off or portfolio basis.
Packaging up power for rural Tanzania
Operational. Redavia Tanzania Asset Ltd is an innovative solar PV rental business that provides containerised off-grid power to businesses and communities in Tanzania. InfraCo Africa is providing the capital and support needed to rapidly scale up this business, with the intention of deploying 30 containers across rural Tanzania.
Tapping the potential of water
Under Active Development: This project will construct a dam and 120MW hydroelectric power plant on the Pungué River in Central Mozambique. Mozambique is vulnerable to climate change, experiencing frequent floods and droughts that coupled with power deficits are constraining its economic development. This project will tap into the country’s significant hydro potential to generate clean power and dampen fluctuations in downstream river flows.
Lighting the way for renewables in Chad
Under Active Development. The Djermaya Solar project will develop 60MW of solar PV in two phases, gradually integrating renewable power into Chad’s national grid. By establishing a cross-sector Task-Force, this project is drawing on both public and private sector expertise to rapidly develop a solution that is bankable and aligned with the Government of Chad’s aspirations.
Green growth powered by the earth's core
Under Active Development. The Corbetti project will initially develop up to 70MW of geothermal power before gradually mobilising a further US$2billion in foreign direct investment to increase installed capacity to 500MW. This pioneering project will be situated on a greenfield site, prove a new geothermal resource and be not only the first geothermal IPP in Ethiopia but also only the second in sub-Saharan Africa.
Harnessing the power of waterfalls
Under Active Development. The Western Power Company will develop a 60MW run-of-river hydropower plant in Zambia’s Western Province: harnessing the untapped potential of the Zambezi River’s waterfalls to deliver clean, sustainable power. The project will not only provide power to the national grid, helping to alleviate economically crippling power deficits, but also directly and positively impact families living in the surrounding area through a pioneering benefit-sharing programme.
InfraCo Africa was established in 2004. Since then, we have successfully exited or developed eight projects through to Financial Close and are currently developing a range of opportunities across sub-Saharan Africa.
We have mobilised US$643 million in committed investment from Development Finance Institutions (DFIs) and US$1.42 billion from the private sector. This investment has provided approximately 13 million people with new or improved access to infrastructure which in turn has improved their living standards and income, thereby powering economic growth.
22nd November 2016
InfraCo Africa provides risk capital and expertise to early-stage infrastructure projects in sub-Saharan Africa. InfraCo Africa does this by investing directly into projects and by funding teams of experienced developers. On…
5th July 2016
Read InfraCo Africa’s development impact results in the Private Infrastructure Development Group’s (PIDG) 2015 Annual Report, published today.
17th February 2016
On the 17th of February InfraCo Africa completed the sale of its remaining stake in Cabeólica (a Cape Verdean, wind Independent Power Producer) to the Africa Finance Corporation (AFC). This…