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InfraCo Africa

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About

InfraCo Africa, a company within the Private Infrastructure Development Group (PIDG), focuses on mobilizing private sector investment into infrastructure projects across sub-Saharan Africa. Their investment strategy includes providing equity at the financial close of projects to bridge financing gaps and instill confidence among new funders during the construction phase. This approach ensures that projects are constructed and operated as intended, upholding commitments made to partners, local communities, and stakeholders. In addition to direct project investments, InfraCo Africa supports innovative infrastructure-related businesses that require assistance to scale up, pilot new products, or enter emerging markets. This strategy aims to demonstrate the commercial viability of planned growth, particularly in the context of economic recovery efforts following challenges such as the COVID-19 crisis. InfraCo Africa's investment portfolio spans various sectors, including renewable energy, transportation, and water infrastructure. For instance, they have invested in projects like the Vungu Solar initiative in Zimbabwe, which aims to add 30MW of renewable energy to the national grid, and the Kong Solaire project in Côte d’Ivoire, focusing on developing a 50MWp solar independent power producer (IPP) project.

Eligibility

  • Infrastructure projects

Country

Sub-Saharan Africa

Sector

Renewable EnergyTransportationWater Infrastructure

Stage

Pre-seed

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