We believe that working together, as valued partners, is the best way to develop the infrastructure that sub-Saharan Africa needs.
Apply for funding
InfraCo Africa’s mandate is to mobilise and not displace private sector investment. We will not get involved in a project if it could attract the financing it requires from other private or DFI investors. Instead, we prioritise projects that have the potential to deliver a positive developmental impact and be commercially viable but need our risk capital and expertise to become bankable and attract private sector investment. We can also fund the expansion of innovative infrastructure businesses that need to rapidly scale-up to demonstrate commercial viability.
Whether we are committing early-stage risk capital and expertise at the beginning of a project or equity funding for construction, we will always first obtain approval from our Africa Investment Committee (AIC). Before submitting an investment to the AIC, InfraCo Africa will conduct a thorough due diligence of the project or business and its stakeholders.
A simple three-step process
- Receive a project proposal or identify an opportunity that meets our investment criteria;
- Understand the technology, business model, financing and developmental impact;
- Identify key risks, including health and safety, environmental and social;
- Confirm government and community support, land ownership and project rights; and
- Understand and secure approval to the key commercial terms of our involvement.
Typically takes between 3 to 6 months
- Complete technical, legal, financial, environmental and social due diligence (undertaking studies or site visits as required);
- Get to know the key stakeholders and their aspirations for the project;
- Complete Know Your Customer (KYC) and/or reputation checks for all significant parties;
- Secure host government support and confirm resourcing (as required); and
- Negotiate and secure approval to sign a Joint Development Agreement or equivalent.
Typically takes up to 6 months
- Commit funding to develop the project from our entry point to financial close and in some cases operations;
- Regularly review progress against milestones and budgets, and mitigate or resolve potential issues;
- Monitor environmental, social, health, safety and other good governance practices (including Anti-Bribery and Corruption); and
- Source additional support and funding from across the PIDG, or externally as appropriate.
Variable, for the duration of our investment into a project.
Apply for a job
People are key to our success.
We are expanding our team. We can offer you the opportunity to work in a challenging yet rewarding environment: developing innovative infrastructure projects, in frontier markets, that have a positive impact on people’s lives. Come and work with us.
InfraCo Africa is looking for an Asset Manager to oversee the construction and operation of its project companies.
Applications will remain open until the vacancy is filled.
Head of Business Development
InfraCo Africa is looking for a Head of Business Development to lead its origination and project development activities across sub-Saharan Africa.
If wish to apply for this role please send a covering letter and copy of CV to: email@example.com
Closing date for applications is the 9th of August 2019
Respond to a tender
InfraCo Africa relies on the strong relationships it builds with developers, investors and service providers to deliver pioneering infrastructure that changes lives. Lets work together.
If you would like us to notify you of future procurement activities, please send a short statement outlining your company’s experience and the type of services or products it could provide to firstname.lastname@example.org.
Tender for design and supply of off-grid power assets (Sierra Leone)
The tender is concerned with the design and supply of twenty-one (21) off-grid power assets including a Photovoltaic System and a Battery System. These projects are part of the recent mini-grid tender from the United National Office for Project Services (UNOPS) and will be installed and operated by Off Grid Power SL Ltd in Sierra Leone. For further details please see document below.
Interested parties should contact email@example.com for the relevant application materials.
All submissions should be received by 28th July 2019.
Request For Proposal - Lilondi OE - Tanzania
The proposed construction of a hydro-power project (Lilondi) located on Lingatunda Falls of Lilondi River in Mahanje village, Madaba District, Ruvuma region, Tanzania. The Project is a ~4.5 megawatt run-of-river hydro-power that aims feed electricity to the Tanzania national grid. The project will be constructed under the provisions of the FIDIC conditions of contract for EPC Turnkey Projects Agreement 2nd Edition (2017, Silver Book) or similar. The EPC Contractor will take ultimate responsibility for delivering a fit for purpose project in accordance to the employer’s specifications.
Submission Deadline: 28 August 2019 at 17:00 EAT