Upstream Technical Assistance
PIDG’s reconfigured IFC-PIDG/TA business supports the other PIDG businesses by providing support to project development and enabling transactions, improving the affordability and/or impact of projects through Viability Gap Funding (VGF), transaction advisory services, and piloting new programmatic initiatives.
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Technical Assistance (TA)
TA plays a central role in enabling PIDG to initiate multi-company programmes and centrally-driven initiatives that are not specific to a particular company and that align with PIDG strategic objectives.
At a glance
Established 2004 PIDG members currently funding UK Aid , DGIS, Seco, Sida, World Bank-IFC, DFAT Cumulative PIDG member funding $128.9m Total commitments by TA at 31 December 2020 $44.5m to 233 TA Grants, $5.5m to 6 Capital Grants, $58.3m to 9 VGF Grants, $12m to 2 DevCo Grants 2020 commitments $8.9m for 45 TA Grants, $4.8m for 5 Capital Grants, $17m for 2 VGF Grants, $5.5m to 1 DevCo Grant -
DevCo
DevCo provides advisory services to governments in the poorer (DAC I and II) countries to help them structure transactions that facilitate private sector participation in infrastructure projects.
At a glance
Established 2003 PIDG members currently funding UK Aid , DGIS, Sida, World Bank-IFC; DevCo is funded directly, not through the PIDG Trust Cumulative PIDG member funding $91.1m Managed by IFC, a member of the World Bank Group Total commitments as at 31 Dec 2020 $46.5m to 67 projects/mandates, including 37 that have reached financial close, 15 that have reached commercial close, 10 under active development, and 5 closed after completing Phase I or Post-Transaction work
Expected development impact
In 2019, DevCo committed $3.9m to a number of activities including 3 transaction advisory mandates, and 5 preliminary (phase 0) and post-transaction activities.
The $46.7m cumulative commitment figure does not include commitments to projects that did not result in a closing. In addition PIDG is currently in the process of confirming the status of DevCo’s portfolio and will update these figures once the process is complete.
Related
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Nigeria
InfraCredit
Catalysing investment in local markets. Innovative model can be replicated in additional frontier territories.
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Ghana
Cenpower
Power to the people. Cenpower will add around 12% to Ghana’s installed power generation capacity.
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Philippines
Philippines Rural Electrification
Landmark project delivers affordable power to 160,000 people. DevCo's financial support enabled government to receive critical Public Private Partnership transaction structuring advice.
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Timor-Leste
Tibar Bay Port
Building port capacity in East Timor, this new facility will provide access for more and larger vessels, reducing the costs of imports and exports.