InfraCo Africa is a sponsor at the fourth annual Africa Investment Exchange: Power and Renewables meeting which will be held in London on 15-16 November.
InfraCo Africa seeks to alleviate poverty by mobilising investment into infrastructure projects in sub-Saharan Africa. It does this by reducing the risks and costs of early-stage project development: funding teams of experienced developers and providing risk capital to those projects which need the financial commitment and leverage that InfraCo Africa can bring. InfraCo Africa’s support enables infrastructure projects to develop from a concept into a viable investment opportunity.
InfraCo Africa is part of the Private Infrastructure Development Group (PIDG). Established in 2004, it is managed as a private company although funded by the governments of Switzerland (SECO), the Netherlands (DGIS) and the UK (DFID).
InfraCo Africa has developed 8 projects through to Financial Close, of which 6 are now operational, mobilising over US$2billion of investment and providing new infrastructure for approximately 13 million people. These projects will improve living standards and power economic growth in sub-Saharan Africa.
Alex Katon, Executive Director, InfraCo Africa will be chairing the ‘Mobilising private sector expertise and finance for early-stage development’ session on Wednesday 15 November from 11h45 to 13h00.
Tim Jackson, Business Development Manager, InfraCo Africa will be a panellist in the ‘Geothermal Development in East Africa’ session on Wednesday 15 November from 10h00 to 11h15.