Working together
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
Step 1
Engage
- 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
Step 2
Explore
- 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
Step 3
Commit
- 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.
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Asset Manager
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.
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Head of Technical Assistance - PIDG
Reporting to the PIDG Ltd CEO, the Head of Technical Assistance (TA) is responsible for overall leadership and management of the delivery of PIDG’s grant-funded technical assistance and Viability Gap Funding (VGF) throughout PIDG’s operations, and for the supervision of PIDG’s Technical Assistance Facility (TAF). The Head is responsible for overseeing the cost-effective use of technical assistance and VGF subsidies needed to support PIDG projects, and for engaging publicly to advance related topics, such as the role of blended finance in catalysing private investment, which are of strategic interest to PIDG. APPLICANTS MUST HAVE THE RIGHT TO WORK IN THE UK
Please send your CV and a cover letter to Sandy.Rochfort@pidg.org
Closing date: 10th October 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 info@infracoafrica.com.
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Request for Expression of Interest - Liberia Inland Storage & Distribution Facility
The Inland Storage Distribution Facility involves the development of an open‐access, temperature‐controlled storage facility in Liberia, of approximately 4000sqm. It will feature modern commercial warehouses equipped with world‐class inventory management systems, general storage facilities, and multiple temperature‐controlled storage rooms for frozen, perishable, and other temperature‐sensitive goods. The project is procuring a Design and Construct contractor.
Expressions of Interest to be submitted by email to amodi@cpcs.ca, paulo.trindade@smec.com, deon.duplessis@smec.com, sb-SMEC-ZA-liberiaisdf@smec.com.
The closing date for submissions is 4th October 2019.
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