At a glance

Established

InfraCo Africa Limited (IAfD): 2004
InfraCo Africa Investment Limited (IAfI): 2014

PIDG Members who have provided funding

IAfD: UK Aid, DGIS, SECO
IAfI: UK Aid

Cumulative PIDG Member funding

InfraCo Africa Development: $296.2m
InfraCo Africa Investments: $79.8m

Managed by

InfraCo Africa

Total commitments as at 31 Dec 2021

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

2021 commitments

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

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