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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Business Development Analyst (Kenya)
InfraCo Africa is looking for a Business Development Analyst to support the origination and development of infrastructure projects from concept through to Financial Close, reporting in to a Senior Business Development Manager (SBDM) and being mentored by a Business Development Manager.
Interested candidates should send their CV and cover letter to jobs@infracoafrica.com
Applications will remain open until the vacancy is filled.
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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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Group Head of Finance (PIDG)
The Private Infrastructure Development Group (PIDG) is a multi-donor organisation, which mobilises private sector investment to assist developing countries in providing infrastructure to enhance their economic growth and combat poverty. This role sits within the Group holding company with responsibility for the day to day running of the holding company and group finance functions.
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Development Impact Manager (PIDG)
The role involves managing evaluation and development impact research and learning work within PIDG. The role includes delivering research to support PIDG strategy and operational performance, provide accountability to shareholders and the public, and contribute towards PIDG’s demonstration and learning effects in the wider market for infrastructure finance. In addition, the role involves communicating to external stakeholders, including the PIDG donors, other DFIs and the wider development community, on PIDG and its impacts.
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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PIDG Ltd Background and Integrity Checks Panel
PIDG Ltd is seeking proposals on behalf of the PIDG Companies in respect of the appointment of a panel of companies to provide background and integrity reports. PIDG Companies commission two types of background and integrity reports:
- as part of its recruitment process, PIDG Companies undertake pre-employment screening on their senior hires; and
- as part of the customer due diligence process on projects.
PIDG is looking to appoint a panel of companies for each area to provide background and integrity reports for a period of 12 months with an option to renew the agreement for 3 extensions for a further 12-month period. This exercise will be divided into the following lots (you are invited to bid for one or more of these lots):
- pre-employment screening Panel;
- the Africa Panel (in respect of projects based in Africa); and
- the Asia/Levant Panel (in respect of projects based in Asia and the Levant).
All questions and ITTs should be sent to Samantha Meen, InfraCo Africa Senior Compliance and Risk Officer (smeen@infracoafrica.com) who is coordinating the process on behalf of PIDG.
Closing date for clarification questions: 12 July 2019
Closing date for ITTs: 31 July 2019
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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 purchasing@powergen-re.com for the relevant application materials.
All submissions should be received by 28th July 2019.