InfraCo Africa is a donor-funded infrastructure development company. It acts as an ‘honest broker’ seeking to create viable infrastructure investment opportunities that balance the interests of host governments, the national and international private sector and providers of finance.
InfraCo Africa acts as principal, shouldering much of the upfront costs and risks of early stage development, thereby reducing the entry costs of private sector infrastructure developers. InfraCo Africa:
InfraCo Africa operates in low-income developing countries in Africa. It develops a pipeline of operations giving priority to situations where there is strong host country support for its involvement and where it believes conditions exist to allow it to mobilize additional private investment.
InfraCo Africa is managed as a private sector infrastructure development company by eleQtra (InfraCo) Ltd.
InfraCo Africa’s capital is provided by way of share subscription by the PIDG donor group.That group is currently made up of the development agencies of Austria, Ireland, the Netherlands, Sweden, Switzerland, the UK and the World Bank.
InfraCo Africa’s objective is to create the conditions in which providers of finance for infrastructure in developing countries can increase their commitments. To this end, InfraCo liaises continuously with private sector and financial institutions and developmental finance institutions.