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 the UK (DFID), the Netherlands (DGIS) and Switzerland (SECO). 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.
Starting the journey to solar power
Under Active Development. One of the first commercial scale solar IPPs in Malawi, increasing installed capacity by up to 60MW and providing much needed renewable power to the national grid.
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.
Scaling up smallholder access to irrigation
Under Construction: The Chiansi project will extend existing bulk water infrastructure, delivering sufficient canal capacity to irrigate up to 3,500ha. The project will also establish a 1,336ha commercial farm and provide irrigated market gardens for up to 960 smallholders.
Unlocking northern Nigeria's solar potential
Under Active Development. The project will construct a 50MWp ground-mounted solar PV facility which will integrate with existing grid infrastructure. Abiba Solar will be the first privately developed renewable power plant in Kaduna State, in northern Nigeria.
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 160MW 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.
Harnessing the power of waterfalls
Under Active Development. The Western Power Company will develop a 180MW 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 developed eleven projects or project phases 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.
27th November 2018
Lilongwe, Malawi: InfraCo Africa, part of the Private Infrastructure Development Group (PIDG), has signed a Shareholders Agreement with its Preferred Developer JCM Power (JCM), committing up to US$2.3m to co-develop…