InfraCo Africa
InfraCo Africa provides responsible leadership in bridging the infrastructure gap in sub-Saharan Africa. Through early stage project development capital and expertise, InfraCo Africa is a catalyst for the private sector to invest in sustainable infrastructure projects in Africa’s frontier markets
At a glance
InfraCo Africa Limited (IAfD): 2004
InfraCo Africa Investment Limited (IAfI): 2014
IAfD: UK Aid, DGIS, SECO
IAfI: UK Aid
InfraCo Africa Development: $296.2m
InfraCo Africa Investments: $79.8m
InfraCo Africa
IAfD: $179.1m to develop 30 projects, 20 of which have reached Financial Close IAfI: $38m to develop 3 project, 2 of which have reached Financial Close
IAfD: $9.5m across 3 new projects, all of which reached Financial Close
IAfI: $11m across two new projects, 1 of which reached Financial Close
Projects that reached Financial Close in 2021
- East Africa Marine Transport, Multiple Countries
- Acorn Affordable Student Housing REIT, Kenya – IAfI
- Bonergie Irrigation II, Senegal
- Kudura Power East Africa, Kenya
- Zembo EV, Uganda
Projects that became operational in 2021
- Salima Solar, Malawi
Expected development impact
| 2021 | Cumulative | |
|---|---|---|
| Financially-closed projects | 5 | 22 |
| Total investment commitments (TICs) ($m) | 69.3 | 1,457.4 |
| % of projects in LDC/OLIC | 72.7% | |
| % of projects in FCAS | 51.5% | |
| Access (in millions) | 0.62 | 11.0 |
| Job creation: short-term | 1,843 | 6,008 |
| Job creation: long-term | 739 | 1,700 |
| Fiscal benefits ($m) | 3.6 | 521.0 |