XM-DAC-47086-TAF
Private Infrastructure Development Group
Technical Assistance Facility
The Technical Assistance Facility (TAF) is a pool of funding within the PIDG Trust to assist PIDG companies to support capacity building and to help scope out potential investment opportunities.
TAF achieves its goals by helping PIDG companies and clients to evaluate, develop and/or implement risk mitigation, financial and regulatory mechanisms, standards, systems and procedures essential to raising funds in the capital markets. This enables developing countries to make a strong and positive contribution to growth and poverty reduction.
Through the issuance of technical assistance grants, and through the provision of advisors, training, secondments and workshops, TAF provides mechanisms for delivering short-term and medium-term projects of technical assistance and capacity building. TAF is also able to provide VGF support, which is designed to make projects that are economically viable over the long term, commercially viable for investors
Equipment and other capital expenditures are not normally eligible for support under TAF. TAF supports activities and interventions mainly in the public sector, but is also able to support private sector activities where inputs relate to achieving TAF objectives;
The key specific objectives of the TAF is to:
a. Build capacity in both the public and private sector in order to facilitate the aims of the PIDG.
b. Facilitate private investment and mobilise additional resources directed towards the implementation of initiatives sponsored by the PIDG Facilities.
c. Promote better co-ordination in the delivery of technical assistance associated with projects sponsored by the PIDG Facilities.
d. Enhance inclusion and other social development opportunities associated with projects supported by the PIDG Facilities.
e. Provide post-transaction support for projects supported by the PIDG Facilities.
f. Strengthen environmental sustainability of PIDG supported projects.
g. Promote development or improvement of capital market systems in selected countries or regions.
h. Facilitate affordability by the poor of infrastructure services provided on a commercially viable basis.
;
Swedish International Development Cooperation Agency (Sida)
UK Department for International Development (DFID)
Swiss State Secretariat for Economic Affairs (SECO)
Netherlands Ministry of Foreign Affairs (DGIS)
Austrian Development Agency (ADA)
International Bank for Reconstruction and Development (World Bank)
Asian Development Bank (AsDB)
Department of Foreign Affairs and Trade of Ireland (Irish Aid)
Private Infrastructure Development Group (PIDG)
Private Infrastructure Development Group (PIDG) through Technical Assistance Facility (TAF)
TAF was established on 22 October 2003 with the execution of a World Bank DGF grant to PIDG
Technical Assistance Facility
James Leigland
TAF Technical Advisor
taf@pidg.org
http://www.pidg.org/what-we-do/companies/taf
PIDG Central Management Office, MDY Legal, Kings Buildings, 16 Smith Square, London SW1P 3HQ, United Kingdom
East Asia and the Pacific in PIDG Regional Breakdown (Percentage = % of PIDG Funding Committed)
Middle East and North Africa in PIDG Regional Breakdown (Percentage = % of PIDG Funding Committed)
South Asia in PIDG Regional Breakdown (Percentage = % of PIDG Funding Committed)
Europe and Central Asia in PIDG Regional Breakdown (Percentage = % of PIDG Funding Committed)
Sub-Saharan Africa in PIDG Regional Breakdown (Percentage = % of PIDG Funding Committed)
Water, Sewerage and Sanitation (Percentage = % of PIDG Funding Committed)
Agri-Infrastructure (Percentage = % of PIDG Funding Committed)
Capital Market Development (Percentage = % of PIDG Funding Committed)
Energy Generation/T&D (Percentage = % of PIDG Funding Committed)
Housing (Percentage = % of PIDG Funding Committed)
Industrial Infrastructure (Percentage = % of PIDG Funding Committed)
MultiSector (Percentage = % of PIDG Funding Committed)
Telecoms (Percentage = % of PIDG Funding Committed)
Transport (Percentage = % of PIDG Funding Committed)
69586982
950000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
400000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
270465
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
155250
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
8641
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
49993
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
73500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
30375
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
73950
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-23160
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
489999
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
395000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
74900
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
74600
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
64000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
65000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
55000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74900
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
35999
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
275000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
395000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
520000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
65000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
74500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
81000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
460000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
22836
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
3700000
US$3.7m disbursed to PIDG for TAF by World Bank
International Bank for Reconstruction and Development (World Bank)
Private Infrastructure Development Group - Technical Assistance Facility
3000000
US$3m disbursed to PIDG for TAF by World Bank
International Bank for Reconstruction and Development (World Bank)
Private Infrastructure Development Group - Technical Assistance Facility
47622
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
101016
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
158984
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-34018
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
400000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
50000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
120000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
18000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
520000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
400000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
5000000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
250000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GPOBA
300000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
100000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
55000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
Post Trans
290000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
Post Trans
430000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
70000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
35999
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
235000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74900
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
489999
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
950000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
500000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74600
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
390000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
300000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
65000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
15000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
250000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
74375
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
73950
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
348010
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
5000000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
681000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
40000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
615000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
25000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
3000000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
117480
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
40000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
50000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
345000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
460000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
1000000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
500000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
390000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
130000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
25000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
70000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
36000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
6000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74900
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
22836
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
1025000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
70000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
450000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
340000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
4100000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
203000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
350000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
300000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
390000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
113000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74900
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
178000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
900000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
48175
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
115000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
186740
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
275000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
70000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
297687
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
125000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
69900
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
420000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
74900
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
Post Trans
275000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
40000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
30000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
73500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
395000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
43671
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
15000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
300000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
1000000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
48175
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
117395
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
345000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
375000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
6000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
466000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
430000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
615000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
348010
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
500000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
315790
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
44000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-231
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-962
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-156965
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-182066
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-5431
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-7175
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-415200
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-38900
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
260000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
130000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
55000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
250000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
41000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
466000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
70000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
65000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
55000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
315790
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
155250
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
25000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
20700
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
75000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
359500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
330000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-20000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-2359
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-285070
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-286205
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-300000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-423645
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-80048
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-267660
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-74500
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-7
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-14888
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-17936
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-250000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GPOBA
-300000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-100000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-1396
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
Post Trans
-16800
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
Post Trans
-110416
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-1602
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-425286
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-601070
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-310000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-300000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-74000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-98151
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-101877
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-3000000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-1517
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-40000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-2378
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-34018
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-888486
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-390000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-23160
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-400
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-962
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-1025000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-356965
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-182066
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-308676
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-7175
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-20360
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-89650
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-125000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-55000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-171
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-415200
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-70000
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-38900
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-239
Unused or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-231
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-285070
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-286205
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
-423645
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-31660
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
-425286
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-500
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-16982
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-13416
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-1602
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-601070
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-101877
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
1740000
US$1.74m disbursed to PIDG for TAF by World Bank
International Bank for Reconstruction and Development (World Bank)
Private Infrastructure Development Group - Technical Assistance Facility
1639400
US$1.64m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
1958200
US$1.96m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
1936500
US$1.94m disbursed to PIDG Trust for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
1000000
US$1.0m disbursed to PIDG Trust for TAF by AsDB
Asian Development Bank (AsDB)
Private Infrastructure Development Group - Technical Assistance Facility
2495650
US$2.5m disbursed to PIDG Trust for TAF by ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
2410500
US$2.41m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
560203
US$0.54m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
578704
US$0.57m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
594860
US$0.59m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
581305
US$0.58m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
255090
US$0.26m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
-721339
US$0.72m returned by PIDG Trust to ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
-74500
US$0.075m returned by PIDG Trust to ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
-716230
US$0.72m returned by PIDG Trust to AsDB
Asian Development Bank (AsDB)
Private Infrastructure Development Group - Technical Assistance Facility
500000
US$0.50m disbursed to PIDG for TAF by Sida
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group - Technical Assistance Facility
500000
US$0.50m disbursed to PIDG for TAF by Sida
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group - Technical Assistance Facility
500000
US$0.50m disbursed to PIDG for TAF by Sida
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group - Technical Assistance Facility
500000
US$0.50m disbursed to PIDG for TAF by Sida
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group - Technical Assistance Facility
-1733274
US$1.73m returned by PIDG for TAF to Sida
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group - Technical Assistance Facility
-110416
US$0.11m returned by PIDG for TAF to Sida
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group - Technical Assistance Facility
1464974
US$1.46m disbursed to PIDG for TAF by Irish Aid
Department of Foreign Affairs and Trade of Ireland (Irish Aid)
Private Infrastructure Development Group - Technical Assistance Facility
2642374
US$2.64m disbursed to PIDG for TAF by Irish Aid
Department of Foreign Affairs and Trade of Ireland (Irish Aid)
Private Infrastructure Development Group - Technical Assistance Facility
1470500
US$1.47m disbursed to PIDG Trust for TAF by ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
769750
US$0.77m disbursed to PIDG Trust for TAF by ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
645500
US$0.65m disbursed to PIDG Trust for TAF by ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
1000000
US$1m disbursed to PIDG Trust for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
1499973
US$1.5m disbursed to PIDG Trust for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
2000000
US$2m disbursed to PIDG Trust for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
1000000
US$1m disbursed to PIDG Trust for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
1000000
US$1m disbursed to PIDG Trust for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
3499970
US$3.5m disbursed to PIDG Trust for TAF by DGIS
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group - Technical Assistance Facility
-1070190
US$1.07m returned by PIDG Trust to ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
-1139095
US$1.14m returned by PIDG Trust to ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
-736428
US$0.74m returned by PIDG Trust to ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
-1247825
US$1.25m returned by PIDG Trust to ADA
Austrian Development Agency (ADA)
Private Infrastructure Development Group - Technical Assistance Facility
3085944
US$3.08m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
13257585
US$13.26m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
-8200000
US$8.2m returned by PIDG for TAF to DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
2500000
US$2.5m disbursed to PIDG for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
-5431
US$0.005m returned by PIDG Trust to AsDB
Asian Development Bank (AsDB)
Private Infrastructure Development Group - Technical Assistance Facility
510000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
165000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
3100
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
20000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
11000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
400000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
300000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
73000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
300000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
117395
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
430000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
150000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
375000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
400000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
34000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
64000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74440
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
400000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
215000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
74000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
395000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74500
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
614000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
1800000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
167500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
84000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
90000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
390000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
34000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
54000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
38859
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
108000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
7090
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
35000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
27000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
124000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
340000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
52974
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
138000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
69900
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
75000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
68988
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
46975
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
69952
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
40000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
25000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
160000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
3100
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
158833
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
25000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
70000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
24761
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
70000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
51755
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
17046
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
20700
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
40829
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
77500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
36000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
101207
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
50642
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
74900
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
74500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
74500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
119000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
1475
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
1725
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
51547
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
2057
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
Post Transaction Support
250000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
6250
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
78000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
160000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
2225806
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
1400000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
700000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
174194
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
75978
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
424022
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
40000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
17140
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
260000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
30000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
359500
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
105112
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
DevCo
2369682
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
50000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
85000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
160000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
70000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
417673
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
480000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-300000
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-85000
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-2560
Unused Gran Funds Returned by TAF Grant Recipient as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
275000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
17481
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
1000000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-82519
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
90000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
6500000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
-10000
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
2000000
US$2m disbursed to PIDG for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
310000
Committed by PIDG to Facility as at Date of Approval of TAF Application
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
69000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
-1185882
US$1.185m returned by PIDG Trust to Irish Aid
Department of Foreign Affairs and Trade of Ireland (Irish Aid)
Private Infrastructure Development Group - Technical Assistance Facility
-33750
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-4100000
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
-73000
Undisbursed or Returned Funds Uncommitted as at Date of TAF Grant Completion
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
3393850
US$3.39m disbursed to PIDG for TAF by DFID
UK - Department for International Development (DFID)
Private Infrastructure Development Group - Technical Assistance Facility
3393850
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
300000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
435000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
196714
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
50000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
140000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
2000000
US$2m disbursed to PIDG Trust for TAF by SECO
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group - Technical Assistance Facility
102070
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
EAIF
110000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Africa
175046
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
InfraCo Asia
50000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
156000
Disbursed by PIDG to Facility
Private Infrastructure Development Group - Technical Assistance Facility
GuarantCo
TAF Statement of Operating Policies and Procedures
PIDG Member Grant Letters of Arrangement to PIDG for TAF
website
[Extract from Annex 1 to TAF SOPP]
PROJECT INVESTMENT CRITERIA
TAF grants are to be made for (i) General Technical Assistance - studies, technical assistance, consultancy services, and training to facilitate in country development and/or implementation of projects to be financed or guaranteed by one or more of the PIDG Investment Vehicles; (ii) Capital Markets Development for GuarantCo; and (iii) Output Based Aid.
Total TAF VGF Funding used to support projects (US$m)
Total TAF VGF Funding used to support projects (US$m)
Total TAF VGF Funding used to support projects (US$m)
Total TAF VGF Funding used to support projects (US$m)
US$17.1m TAF VGF Funding used to support projects as at 31 December 2014
US$20.1m TAF VGF Funding to be used to support projects as at 31 December 2015
US$17.1m TAF VGF Funding used to support projects as at 31 December 2015
TAF VGF Funding used to support projects in 2015 (US$m)
TAF VGF Funding used to support projects in 2015 (US$m)
TAF VGF Funding used to support projects in 2015 (US$m)
TAF VGF Funding used to support projects in 2015 (US$m)
US$0m TAF VGF Funding used to support projects in 2014
US$3m TAF VGF Funding to be used to support projects in 2015
US$0m TAF VGF Funding used to support projects in 2015
General Technical Assistance Support Grants provided to projects in 2015
General Technical Assistance Support Grants provided to projects in 2015
General Technical Assistance Support Grants provided to projects in 2015
General Technical Assistance Support Grants provided to projects in 2015
6 General Technical Assistance Support Grants provided to projects in 2014
6 General Technical Assistance Support Grants to be provided to projects in 2015
2 General Technical Assistance Support Grants to be provided to projects in 2015
Total General Technical Assistance Support Grants to provided to TAF Supported Projects
Total General Technical Assistance Support Grants to provided to TAF Supported Projects
Total General Technical Assistance Support Grants to provided to TAF Supported Projects
Total General Technical Assistance Support Grants to provided to TAF Supported Projects
47 General Technical Assistance Support Grants to provided to TAF Supported Projects as at 31 December 2014
53 General Technical Assistance Support Grants to be provided to TAF Supported Projects as at 31 December 2015
49 General Technical Assistance Support Grants to be provided to TAF Supported Projects as at 31 December 2015
TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2015
TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2015
TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2015
TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2015
2 TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2014
To be 2 TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2015
2 TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity in 2015
Total TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity
Total TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity
Total TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity
Total TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity
9 TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity as at 31 December 2014
To be 11 TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity as at 31 December 2015
11 TAF Post Transaction Support Grants to enhance Regulatory and Managerial Capacity as at 31 December 2015
TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2015
TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2015
TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2015
TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2015
6 TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2014
To be 6 TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2015
4 TAF Pre-Feasibility Support Grants in difficult countries / sectors in 2015
Total TAF Pre-Feasibility Support Grants in difficult countries / sectors
Total TAF Pre-Feasibility Support Grants in difficult countries / sectors
Total TAF Pre-Feasibility Support Grants in difficult countries / sectors
Total TAF Pre-Feasibility Support Grants in difficult countries / sectors
51 TAF Pre-Feasibility Support Grants in difficult countries / sectors as at 31 December 2014
To be 57 TAF Pre-Feasibility Support Grants in difficult countries / sectors as at 31 December 2015
55 TAF Pre-Feasibility Support Grants in difficult countries / sectors as at 31 December 2015
TAF Supported Poverty Focused Interventions in 2015
TAF Supported Poverty Focused Interventions in 2015
TAF Supported Poverty Focused Interventions in 2015
TAF Supported Poverty Focused Interventions in 2015
2 TAF Supported Poverty Focused Interventions in 2014
To be 2 TAF Supported Poverty Focused Interventions in 2015
1 TAF Supported Poverty Focused Interventions in 2015
Total TAF Supported Poverty Focused Interventions
Total TAF Supported Poverty Focused Interventions
Total TAF Supported Poverty Focused Interventions
Total TAF Supported Poverty Focused Interventions
8 TAF Supported Poverty Focused Interventions as at 31 December 2014
To be 10 TAF Supported Poverty Focused Interventions as at 31 December 2015
9 TAF Supported Poverty Focused Interventions as at 31 December 2015
XM-DAC-47086-EAIF
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
The Emerging Africa Infrastructure Fund Ltd. (EAIF) is a Public Private Partnership able to provide long-term debt or mezzanine finance on commercial terms to finance the construction and development of private sector infrastructure projects.
EAIF was set up in 2001 as the first multi-donor PIDG Facility, and was the first dedicated debt fund able to operate across sub-Saharan Africa (except Mauritius). EAIF aims to address the market gap created by the high-interest short-term loans provided by commercial banks in the region, which are typically inappropriate for infrastructure financing.
While EAIF lends on commercial terms, it aims to support projects that promote economic growth and reduce poverty, benefit broad population groups, address issues of equity and participation, and promote social and cultural rights.;
The objective of EAIF is to increase the volume of private sector flows to infrastructure projects with private sector participation in Sub-Saharan Africa.;
UK Department for International Development (DFID)
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group (PIDG)
The Emerging Africa Infrastructure Fund Ltd (EAIF)
Swiss State Secretariat for Economic Affairs (SECO)
Netherlands Ministry of Foreign Affairs (DGIS)
Incorporated in Mauritius on 18 December 2001
EAIF
Emilio Cattaneo
Executive Director of EAIF
emilio.cattaneo@eaif.com
http://www.eaif.com/
Kings Buildings
16 Smith Square
London
SW1P 3HQ
Highest Supra-national region in which the Facility Funders Agreement and/or Investment Policies (or equivalent) require each PIDG Facility to operate.
The PIDG Trust does not require that disbursed or committed funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
35000000
21000000
30000000
9000000
5000000
33482100
5070500
13880000
52032200
152808000
30600000
1800000
2000000
18595500
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
16121000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
7649500
Committed by PIDG to EAIF from DGISGrant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4044000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
1800000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
3222200
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4044000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
3222200
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2400000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
67900800
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
14108400
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1800000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
14425000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
17500000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
1307772.56
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
17500000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
21722710
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
8685000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
5000000
Disbursed to PIDG by DGIS for use by EAIF
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
5000000
Disbursed to PIDG by SIDA for use by EAIF
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group
4000000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
5000000
Disbursed to PIDG by DGIS for use by EAIF
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
5000000
Disbursed to PIDG by SIDA for use by EAIF
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group
5000000
Disbursed to PIDG by SECOfor use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
10000000
Disbursed to PIDG by SIDA for use by EAIF
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group
5000000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
17500000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
17500000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
21000000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2000000
Committed by PIDG to EAIF from SECO Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 05 August 2014
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
15000000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
7649473
Disbursed to PIDG by DGIS for use by EAIF
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
16121000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
18595500
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
9600000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2400000
Committed by PIDG to EAIF from SECO Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
10000000
Committed by PIDG to EAIF from Sida Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
21000000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
17500000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
17500000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Committed by PIDG to EAIF from SECO Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
10000000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4000000
Committed by PIDG to EAIF from SECO Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
67900800
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
80880000
Committed by PIDG to EAIF from DFID Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
28800000
Committed by PIDG to EAIF from DFID Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 05 August 2014
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
1800000
Committed by PIDG to EAIF from SECO Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 05 August 2014
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
1800000
Committed by PIDG to EAIF from SECO Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 05 August 2014
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4279970
Disbursed to PIDG by DGIS for use by EAIF
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
5070470
Disbursed to PIDG by DGIS for use by EAIF
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
3074400
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
80880000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
14915700
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
1800000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
14108400
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
1800000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5070500
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4280000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
9600000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
18595500
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
16121000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
7649500
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
7265678
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4000000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
74301322
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
33482100
Disbursed to EAIF in return for shares issued
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Committed by PIDG to EAIF from SECO Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Committed by PIDG to EAIF from Sida Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4000000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Committed by PIDG to EAIF from DGIS Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5000000
Committed by PIDG to EAIF from Sida Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4000000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
5000000
Committed by PIDG to EAIF from DGIS Loan to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
80880000
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
8685000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
21722710
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
3074400
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
5070500
Committed by PIDG to EAIF from DGIS Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
4280000
Committed by PIDG to EAIF from DGIS Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
14915700
Disbursed to PIDG by DFID for use by EAIF
UK - Department for International Development (DFID)
Private Infrastructure Development Group
9600000
Committed by PIDG to EAIF from DFID Grant to PIDG for Disbursement to EAIF under EAIF Funders Agreement 14 March 2003
Private Infrastructure Development Group
The Emerging Africa Infrastructure Fund Ltd
2000000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Emerging Africa Infrastructure Fund
2000000
Disbursed to PIDG by SECO for use by EAIF
Swiss State Secretariat for Economic Affairs (SECO)
Emerging Africa Infrastructure Fund
EAIF Audited Financial Statements
EAIF Investment Policy
EAIF Constitution
Amended and Restated EAIF Funders Agreement
website
[Extract from Section 3 of the Amended and Restated EAIF Funders Agreement]
EAIF undertakes to each of the EAIF Donors and the PIDG Trust that it shall:
conduct its business with reasonable skill and care and in accordance with internationally recognised financial and business practices;
carry on its business in accordance with the EAIF Constitution, the PIDG Code of Conduct, the Investment Policy and the PIDG Operating Policies and Procedures;
maintain at all times a firm of independent accountants acceptable to the EAIF Donors as auditors of EAIF;
provide the EAIF Donors and the PIDG Trust (via the PMU) with a copy of the Fund Management Agreement (subject to the EAIF Donors keeping the Fund Management Agreement confidential in accordance with Clause 8.3) and comply with the terms of the Fund Management Agreement and procure that the Fund Manager shall comply with its and EAIF™s reporting obligations to the EAIF Donors;
obtain and maintain all insurances as shall be usual for a business undertaking the activities undertaken by EAIF and such additional insurances as the EAIF Donors shall from time to time reasonably require (having regard to levels of cover and premium rates at the time);
conduct its business in compliance with OECD Principles of Corporate Governance issued from time to time to the extent applicable to EAIF or as otherwise required by the EAIF Donors;
procure that the audited financial statements it produces in respect of each Financial Year are prepared in accordance with IFRS;
not enter into any transaction with any person other than in the ordinary course of its business on the basis of arm’s length arrangements;
institute internal procedures and controls for the purpose of preventing the Fund Manager and EAIF from becoming an instrument for money laundering, the financing of terrorist activities, fraud or other corrupt or illegal purposes or practices; and
adopt and maintain at all times a treasury policy prepared in accordance with the “Guidance on Preparing PIDG Company Treasury Policies
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
75.6 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2014
9.6 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
2.21 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
10 Facility Projects reached Financial Close in 2014
7 Facility Projects to reach Financial Close in 2015
9 Facility Projects to reach Financial Close in 2015
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
48 Facility Projects reached Financial Close as at 31 December 2014
55 Facility Projects to reach Financial Close as at 31 December 2015
57 Facility Projects had reached Financial Close as at 31 December 2015
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2015
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2015
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2015
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2015
US$2112m Investment Committments to Facility Projects reaching Financial Close in 2015
To be US$836.6m Investment Committments to Facility Projects reaching Financial Close in 2015
US$494.6m Investment Committments to Facility Projects reaching Financial Close in 2015
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
66% of total investment raised by Facility financially closed projects in post-conflict and fragile states as at 31 December 2014
50% of total investment raised by Facility financially closed projects to be in post-conflict and fragile states as at 31 December 2015
64% of total investment raised by Facility financially closed projects was in post-conflict and fragile states as at 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
73% of total investment raised by Facility closed projects was in DAC Least Developed Countries and Other Low Income Countries as at 31 December 2014
65% of total investment raised by Facility closed projects to be in DAC Least Developed Countries and Other Low Income Countries as at 31 December 2015
73% of total investment raised by Facility closed projects was in DAC Least Developed Countries and Other Low Income Countries as at 31 December 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
179.7 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects at 31 December 2014
189.4 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
182 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
US$13762.4m of Investment Commitments in Facility Projects as at 31 December 2014
To be US$14257m of Investment Commitments in Facility Projects at 31 December 2015
There were US$14626m of Investment Commitments in Facility Projects at 31 December 2015
Increase in Private Sector Investment Commitments in 2015 (US$m)
Increase in Private Sector Investment Commitments in 2015 (US$m)
Increase in Private Sector Investment Commitments in 2015 (US$m)
Increase in Private Sector Investment Commitments in 2015 (US$m)
US$1161m increase in Private Sector Investment Commitments in 2015
To be US$305m increase in Private Sector Investment Commitments in 2015
There was a US$632.2m increase in Private Sector Investment Commitments in 2015
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
2.21 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
4.6 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016
5.7 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
182 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects at 31 December 2015
122.62 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
123.72 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
57 Facility Projects reached Financial Close as at 31 December 2015
64 Facility Projects to reach Financial Close as at 31 December 2016
64 Facility Projects to reach Financial Close as at 31 December 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
9 Facility Projects reached Financial Close in 2015
7 Facility Projects to reach Financial Close in 2016
7 Facility Projects to reach Financial Close in 2016
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2016
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2016
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2016
Total Investment Commitments (US$m) to Facility Projects reaching Financial Close in 2016
US$494.6m Investment Committments to Facility Projects reaching Financial Close in 2015
To be US$132.4m Investment Committments to Facility Projects reaching Financial Close in 2016
US$134.28m Investment Committments to Facility Projects reaching Financial Close in 2016
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
64% of total investment raised by Facility financially closed projects in post-conflict and fragile states as at 31 December 2015
50% of total investment raised by Facility financially closed projects to be in post-conflict and fragile states as at 31 December 2016
69.3% of total investment raised by Facility financially closed projects was in post-conflict and fragile states as at 31 December 2016
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
73% of total investment raised by Facility closed projects was in DAC Least Developed Countries and Other Low Income Countries as at 31 December 2015
65% of total investment raised by Facility closed projects to be in DAC Least Developed Countries and Other Low Income Countries as at 31 December 2016
70% of total investment raised by Facility closed projects was in DAC Least Developed Countries and Other Low Income Countries as at 31 December 2016
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
US$14626m of Investment Commitments in Facility Projects as at 31 December 2015
To be US$15645.79m of Investment Commitments in Facility Projects at 31 December 2016
There were US$15934.34m of Investment Commitments in Facility Projects at 31 December 2016
Increase in Private Sector Investment Commitments in 2016 (US$m)
Increase in Private Sector Investment Commitments in 2016 (US$m)
Increase in Private Sector Investment Commitments in 2016 (US$m)
Increase in Private Sector Investment Commitments in 2016 (US$m)
US$632.2m increase in Private Sector Investment Commitments in 2015
To be US$390m increase in Private Sector Investment Commitments in 2016
There was a US$975.79m increase in Private Sector Investment Commitments in 2016
XM-DAC-47086-InfraCo Asia Development
Private Infrastructure Development Group
InfraCo Asia Development Pte. Ltd
InfraCo Asia is a project development facility which aims to stimulate greater private investment in Asian infrastructure development by acting as a principal project developer, focusing on lower income countries.
InfraCo Asia funds early stage, high risk costs by taking an equity stake in the project and making decisions that will lead to a socially responsible and successful construction and operation.InfraCo Asia acts as principal, shouldering the risks of early stage development costs, and brings world class development expertise through its team of highly experienced and qualified developers, with the aim of reducing the entry costs of private sector infrastructure developers. The company directly contributes development capital and arranges project debt and equity capital from third parties, as well as other InfraCo affiliate programmes.
InfraCo Asia operates in low-income developing countries of South and Southeast Asia. As it develops its operations, it will be giving priority to situations where there is strong host country support for its involvement and where it believes conditions exist to allow it to mobilize additional private investment. To this end, InfraCo Asia liaises continuously with governments, private sector, financial institutions and developmental finance institutions.;
InfraCo Asia’s objective is to stimulate greater private sector involvement in the development of infrastructure and related projects by reducing the costs and risks of project development; and
InfraCo Asia's mission is to identify, create and structure financeable private sector and public private partnership investment opportunities and offer them, at or prior to financial close, to the private sector for implementation.;
Private Infrastructure Development Group (PIDG)
UK Department for International Development (DFID)
Swiss State Secretariat for Economic Affairs (SECO)
Australian Government Department of Foreign Affairs and Trade (formerly through AusAid) (DFAT)
InfraCo Asia Development Pte. Ltd
Incorporated in Singapore on 03 March 2009
InfraCo Asia Internal Management Team
Claudine Lim
Corporate Development Manager
Claudine.lim@infracoasia.com
http://www.infracoasia.com
Level 17 Republic Plaza II
9 Raffles Place Singapore 048619
Highest Supra-national region in which the Facility Funders Agreement and/or Investment Policies (or equivalent) requires the PIDG Facility to operate.
The PIDG Trust does not require that disbursed or committed funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
3603448
9250000
2900000
9037931
16169370
16248000
37044828
21458807
37044928
5755859
1000000
1768965
4000000
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
4000000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3300000
Disbursed to PIDG by DFAT for use by InfraCo Asia Development
Australian Government Department of Foreign Affairs and Trade (formerly through AusAid) (DFAT)
Private Infrastructure Development Group
1100000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1461020
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2542980
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3000000
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
2018851
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2018851
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1000000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3708625
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3708625
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
3287460
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
936680
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
926086
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
643832.09
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
1000000
Disbursed to PIDG by SECO for use by InfraCo Asia Development
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
6055610
Disbursed to PIDG by DFAT for use by InfraCo Asia Development
Australian Government Department of Foreign Affairs and Trade (formerly through AusAid) (DFAT)
Private Infrastructure Development Group
2961030
Disbursed to PIDG by DFAT for use by InfraCo Asia Development
Australian Government Department of Foreign Affairs and Trade (formerly through AusAid) (DFAT)
Private Infrastructure Development Group
956855
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
5673691
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2937226
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
932865
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1650000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1000000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
250000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2100000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
400000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2250000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2200000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3644122
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
6569951
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3029380
Disbursed to PIDG by DFAT for use by InfraCo Asia Development
Australian Government Department of Foreign Affairs and Trade (formerly through AusAid) (DFAT)
Private Infrastructure Development Group
1482181
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3277184
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
917375
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2300000
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1261405
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2238595
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
8770970
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1192400
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
643832.09
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
5291746
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
4500000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2250000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
400000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2100000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1000000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
250000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1650000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
-4017819
Returned to DFID by PIDG obo InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
3000000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2500000
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1768965
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development Myanmar under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3603448
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development Myanmar under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
5044828
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development Myanmar under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
5044828
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development Myanmar under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3537931
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development Myanmar under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
32000000
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
32000000
Committed by PIDG to InfraCo Asia Development from DFID Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
5500000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3630000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
400000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2250000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
4500000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1934490
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3559366
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
10675514
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
7205100
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1873156
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
5000000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1500000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1500000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1000000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1000000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
9500000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
5380628
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
6500000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 22/07/2015
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1650000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
1000000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
250000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
2100000
Committed by PIDG to InfraCo Asia Development from SECO Grant to PIDG for InfraCo Asia Development under IAD Funders Agreement 16/03/2010
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3644122.71
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
4707830
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1125910
Disbursed to PIDG by DFID for use by InfraCo Asia Development
UK - Department for International Development (DFID)
Private Infrastructure Development Group
962548
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
3021703
Disbursed to InfraCo Asia Development in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Development Pte Ltd
InfraCo Asia Development Operating Policies and Procedures
InfraCo Asia Development Amended and Restated Funders Agreement
InfraCo Asia Development Audited Financial Statements
website
[Extract from Schedule 3 of the 22 July 2015 InfraCo Asia Development Funders Agreement]
The InfraCo Asia Donors, the PIDG Trust and InfraCo Asia hereby undertake to each other that they shall procure that InfraCo Asia shall not (and that the subsidiaries of InfraCo Asia shall not), without the prior written consent of each of the InfraCo Asia Donors:
1. enter into any transaction with any person other than in the ordinary course of InfraCo Asia’s business, on ordinary commercial terms and on the basis of arm's-length arrangements;
2. change the InfraCo Asia Constitution or Approved Operating Policies and Procedures, unless required by law, in any manner which would be inconsistent with the provisions of this Agreement;
3. grant, make or permit to exist guarantees, indemnities, loans or advances to, or deposits with other persons or investments in any person or enterprise, other than in accordance with the Approved Operating Policies and Procedures or in the ordinary course of business of InfraCo Asia;
4. make any material alteration (including cessation) to the general nature of its business beyond that set out in Clause 2 to this Agreement;
5. undertake or permit any merger, consolidation or reorganisation of InfraCo Asia including any Restructuring as defined in Clause 9.3 subject also to the provisions of Clause 9.4
6. enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby InfraCo Asia's income or profits are, or might be, shared with any other person (including, for the avoidance of doubt, the Management Agreement) outside the ordinary course of business;
7. terminate, amend or grant any waiver in respect of any provision of the Management Agreement when the same is executed and becomes unconditional (other than any extension of the Management Agreement for a period of 12 months in accordance with the provisions of Clause 3.2 of the Management Agreement);
8. save as contemplated by this Agreement, make any variation (including, without limitation, any allotment, conversion, consolidation, subdivision, redemption or reorganisation) in the share capital of InfraCo Asia, or create any options or other rights to subscribe for, or to convert into, InfraCo Asia Shares or for the purchase or redemption of InfraCo Asia Shares;
9. declare or distribute any Proceeds save as recommended by the InfraCo Asia Donors or otherwise as set out in this Agreement;
10. other than in the ordinary course of business, sell, transfer, lease, license or in any other way dispose of all or a substantial part of its business, undertaking or assets whether by a single transaction or series of transactions;
11. commence any action to wind up or dissolve itself voluntarily;
12. alter its accounting reference date or (except insofar as is necessary to comply with International Accounting Standards) material accounting policies and practices or change its auditors;
13. appoint or remove any person as a director of InfraCo Asia (including a managing director);
14. enter into or terminate any service agreement with a director or managing director of InfraCo Asia;
15. save to the extent approved as part of the Annual Operating Plan and Budget, incur any material expenditure or liability of a capital nature in each case in excess of US$1,000,000 or the equivalent thereof (including, for this purpose but without limitation, the acquisition of any asset under lease or hire purchase);
16. borrow any money or obtain any advance or credit in any form other than normal trade credit or other than on normal banking terms for unsecured overdraft facilities or vary the terms and conditions of any borrowings or bank mandates, in each such case where the sum of money involved is in excess of [US$1,000,000] or the equivalent thereof;
17. pay any remuneration or expenses to any person other than as proper remuneration for work done or services provided or as proper reimbursement for expenses incurred in connection with its business;
18. make any gift or political or charitable donation;
19. commence or settle any legal or arbitration proceedings otherwise than in the ordinary course of its business;
20. create or allow to subsist any encumbrance over any of its assets otherwise than in the ordinary course of business;
21. implement any other matter which, according to the Law of Singapore, is required to be decided upon by the shareholders of InfraCo Asia;
22. establish any subsidiary (other than any subsidiary to be established solely for the purposes of developing any Project or for the purposes of establishing a physical office presence in accordance with the provisions of the Business Plan (as such term is defined in the Management Agreement) approved by the Board); or
23. agree (conditionally or otherwise) to do any of the matters or things set out in this Schedule 3.
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
3 Financially Closed Facility Project as at 31 December 2014
To be 7 Financially Closed Facility Project as at 31 December 2015
4 Financially Closed Facility Project as at 31 December 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
2 Facility Projects reached Financial Close in 2014
To be 4 Facility Projects reaching Financial Close in 2015
1 Facility Projects reached Financial Close in 2015
Total Number of Facility Projects in Active Development
Total Number of Facility Projects in Active Development
Total Number of Facility Projects in Active Development
Total Number of Facility Projects in Active Development
10 Facility Projects in Active Development as at 31 December 20134
To be 4 Facility Projects in Active Development as at 31 December 2015
0 Facility Projects in Active Development as at 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
73% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2014
To be 50% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2014
87% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
75% of Total Investment raised by Facility Financially Closed projects in designated priority countries as at 31 December 2014
To be 67% of Total Investment raised by Facility Financially Closed projects in designated priority countries as at 31 December 2015
87% of Total Investment raised by Facility Financially Closed projects in designated priority countries as at 31 December 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
0.48 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
To be 1.5 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
0.83 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
0.48 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2014
To be 1 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
0.35 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
US$153.4m of Investment Commitments in Facility Projects as at 31 December 2014
To be US$379.3m of Investment Commitments in Facility Projects as at 31 December 2015
US$272.8m of Investment Commitments in Facility Projects as at 31 December 2015
Value of Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
US$150.5m of Investment Commitments in Facility Projects that reached Financial Close in 2014
To be US$225.9m of Investment Commitments in Facility Projects that reached Financial Close in 2015
US$119.4m of Investment Commitments in Facility Projects that reached Financial Close in 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
0.83 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
To be 1.63 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
0.83 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
0.35 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
To be 0.8 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016
0 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
4 Financially Closed Facility Project as at 31 December 2015
To be 7 Financially Closed Facility Project as at 31 December 2016
4 Financially Closed Facility Project as at 31 December 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
1 Facility Project reached Financial Close in 2015
To be 3 Facility Projects reaching Financial Close in 2016
0 Facility Project reached Financial Close in 2016
Total Number of Facility Projects in Active Development
Total Number of Facility Projects in Active Development
Total Number of Facility Projects in Active Development
Total Number of Facility Projects in Active Development
0 Facility Project in Active Development as at 31 December 2015
To be 2 Facility Projects in Active Development as at 31 December 2016
0 Facility Project in Active Development as at 31 December 2016
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
87% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
To be 50% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
83.3% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
Percentage of Total Investment raised by Facility Financially Closed projects in designated priority countries
87% of Total Investment raised by Facility Financially Closed projects in designated priority countries as at 31 December 2015
To be 67% of Total Investment raised by Facility Financially Closed projects in designated priority countries as at 31 December 2016
84.2% of Total Investment raised by Facility Financially Closed projects in designated priority countries as at 31 December 2016
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
US$272.8m of Investment Commitments in Facility Projects as at 31 December 2015
To be US$449.3m of Investment Commitments in Facility Projects as at 31 December 2016
US$316.3m of Investment Commitments in Facility Projects as at 31 December 2016
Value of Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
US$119.4m of Investment Commitments in Facility Projects that reached Financial Close in 2015
To be US$133m of Investment Commitments in Facility Projects that reached Financial Close in 2016
US$0m of Investment Commitments in Facility Projects that reached Financial Close in 2016
XM-DAC-47086-GAP
Private Infrastructure Development Group
Green Africa Power LLP
Green Africa Power (GAP) has been set up to stimulate private investment in renewable energy in Africa by acting as a long term source of financing and policy support to projects.
GAP is a multi-donor Facility formed after a scoping exercise funded by the UK Department for International Development (DFID) and the Norwegian Agency for Development Cooperation (Norad) concluded that there was definite potential for a fund to address key market failures and stimulate private sector investment in renewable energy in Africa.
Africa is the world’s most power-starved region, with more than 700 million people lacking access to electricity. There is a shortage of all types of power generation projects in Africa, but particularly renewable power projects. GAP has been designed to counter the pronounced market failures inhibiting the growth of renewables in the region by reducing the upfront cost of capital while maintaining overall commercial returns, providing cover for specific construction phase risks, and facilitating policy dialogue to move towards cost reflective tariffs.;
GAP has the ambitious target to finance approximately 270MW of new renewable energy generation capacity in four years, saving 3.9m tonnes of carbon emissions and improving the supply of clean energy to millions of people in Africa.;
Norwegian Ministry of Foreign Affairs (MFA)
Green Africa Power LLP (GAP)
Private Infrastructure Development Group (PIDG)
UK Department of Energy & Climate Change (DECC) (through DFID)
UK Department for International Development (DFID)
Incorporated in UK on 4 April 2013
Green Africa Power LLP
Peter Hutchinson
Executive Director
peter.hutchinson@greenafricapower.com
http://www.greenafricapower.com/
Green Africa Power LLP
9th Floor
64 Victoria St
London SW1E 6QP
Highest Supra-national region in which the Facility Funders Agreement and/or Investment Policies (or equivalent) require each PIDG Facility to operate.
The PIDG Trust does not require that disbursed or committed funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
500000
16200000
120000000
44618000
180000000
33682000
64000000
Disbursement by PIDG to Green Africa Power LLP on behalf of DFID
UK Department for International Development (DFID)
64000000
DFID incoming funds to Green Africa Power LLP
UK Department for International Development (DFID)
Green Africa Power LLP
64000000
PIDG disbursement to Green Africa Power LLP on behalf of the UK Department for Business, Energy, and Industrial Strategy
UK Department for Business, Energy, and Industrial Strategy
Green Africa Power LLP
64000000
PIDG delivering to Green Africa Power LLP on behalf of UK Department for Business, Energy, and Industrial Strategy
UK Department for Business, Energy, and Industrial Strategy
Green Africa Power LLP
27000
Disbursed to GAP by PIDG
Private Infrastructure Development Group
Green Africa Power LLP
335898
Disbursed to PIDG by DFID for use by GAP
UK Department of International Development (DFID)
Private Infrastructure Development Group
10372547
Disbursed to PIDG by MFA for use by GAP
Norwegian Ministry of Foreign Affairs (MFA)
Private Infrastructure Development Group
500000
Disbursed to GAP by PIDG
Private Infrastructure Development Group
Green Africa Power LLP
164102
Disbursed to GAP by PIDG
Private Infrastructure Development Group
Green Africa Power LLP
1673000
Disbursed to GAP by PIDG
Private Infrastructure Development Group
Green Africa Power LLP
335898
Disbursed to GAP by PIDG
Private Infrastructure Development Group
Green Africa Power LLP
10372547
Disbursed to GAP by PIDG
Private Infrastructure Development Group
Green Africa Power LLP
33682000
Committed by PIDG to GAP from DFID Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
1700000
Committed by PIDG to GAP from DFID Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
7000000
Committed by PIDG to GAP from DECC Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
7000000
Committed by PIDG to GAP from DFID Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
120000000
Committed by PIDG to GAP from MFA Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
27618000
Committed by PIDG to GAP from DFID Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
17500000
Committed by PIDG to GAP from DECC Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
500000
Committed by PIDG to GAP from DECC Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
180000000
Committed by PIDG to GAP from MFA Grant under GAP Funders Agreement 16/10/2014
Private Infrastructure Development Group
Green Africa Power LLP
1673000
Disbursed to PIDG by DFID for use by GAP
UK Department of International Development (DFID)
Private Infrastructure Development Group
27000
Disbursed to PIDG by DFID for use by GAP
UK Department of International Development (DFID)
Private Infrastructure Development Group
164102
Disbursed to PIDG by DFID for use by GAP
UK Department of International Development (DFID)
Private Infrastructure Development Group
500000
Disbursed to PIDG by DECC for use by GAP
UK Department of Energy and Climate Change (DECC)
Private Infrastructure Development Group
Green Africa Power Investment Policy
Green Africa Power Funding Instruments
Green Africa Power Audited Financial Statements
website
[Extract from Section 3 of the GAP Funders Agreement]
GAP LLP undertakes to each of the GAP Donors and the PIDG Trust that it shall:
conduct its business with reasonable skill and care and in accordance with internationally recognised financial and business practices;
carry on its business in accordance with the Amended and Restated GAP LLP Agreement, the PIDG Code of Conduct, the GAP Investment Policy and the PIDG Operating Policies and Procedures;
maintain at all times a firm of independent accountants acceptable to the GAP Donors as auditors of GAP LLP, the GAP Donors’ acceptance not to be unreasonably withheld;
provide the GAP Donors and the PIDG Trust (via the PIDG PMU) with a copy of the Management Services Agreement(s) (subject to the GAP Donors keeping the Management Services Agreement(s) confidential in accordance with Clause 8.3) and comply with the terms of any Management Services Agreement and procure that each Management Services Provider shall comply with its and GAP LLPs reporting obligations to the GAP Donors;
obtain and maintain all insurances as shall be usual for a business undertaking the activities undertaken by GAP LLP (having regard to levels of cover and premium rates at the time);
conduct its business in compliance with OECD Principles of Corporate Governance issued from time to time to the extent applicable for GAP LLP or as otherwise required by the GAP Donors;
ensure that the audited financial statements it produces in respect of each Financial Year are prepared in accordance with IFRS;
not enter into any transaction with any person other than in the ordinary course of its business on the basis of arm’s length arrangements;
institute internal procedures and controls for the purpose of preventing GAP LLP and/or any Management Services Provider from becoming an instrument for money laundering, the financing of terrorist activities, fraud or other corrupt or illegal purposes or practices; and
adopt and maintain at all times a treasury policy prepared in accordance with the ‘Guidance on Preparing PIDG Company Treasury Policies’ set out in Annexure 2.
[Extract from Part 2 of Schedule 3 of the GAP Funders Agreement]
GAP LLP undertakes that it shall not (and that the subsidiaries of GAP LLP shall not) without the prior written consent of the GAP Donors [(or in the case of item 6 the “Non-Objection” (as defined below) of the GAP Donors)]:
nter into any transaction with any Person other than in the ordinary course of GAP LLP’s business, on the basis of arm's-length arrangements and in accordance with the GAP Investment Policy, the PIDG Code of Conduct and the PIDG Operating Policies and Procedures;
change the GAP Investment Policy, unless required by law, in any manner which would be inconsistent with the provisions of this Agreement;
grant, make or permit to exist guarantees, indemnities, loans or advances to, or deposits with other persons or investments in any person or enterprise, other than in accordance with the GAP Investment Policy, the PIDG Code of Conduct and the PIDG Operating Policies and Procedures or in the ordinary course of business of GAP LLP;
make any material alteration (including cessation) to the general nature of its business beyond that set out in Clause 2.1 to this Agreement;
enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby GAP LLP’s income or profits are, or might be, shared with any other person outside the ordinary course of business;
enter into, terminate, amend or grant any waiver in respect of any provision of, a Management Services Agreement except in accordance with the terms thereof;
enter into, terminate, amend or grant any waiver in respect of any provision of, the Operator Services Agreement except in accordance with the terms thereof;
declare or distribute any Proceeds arising in any way from GAP LLP save as set out in this Agreement;
other than in the ordinary course of business, sell, transfer, lease, license or in any other way dispose of all or a substantial part of its business, undertaking or assets whether by a single transaction or series of transactions;
enter into or terminate any Board Member Service Contract with a Board Member of GAP LLP (including the Chairperson);
save to the extent approved as part of GAP LLP’s Business Plan and Budget, incur any material expenditure or liability of a capital nature in each case in excess of GBP£1,000,000 or the equivalent thereof (including, for this purpose but without limitation, the acquisition of any asset under lease or hire purchase but excluding, for the avoidance of doubt, any Project related instrument entered into by GAP LLP in accordance with the Business Plan and Budget);
borrow any money or obtain any advance or credit in any form other than normal trade credit or other than on normal banking terms for unsecured overdraft facilities or vary the terms and conditions of any borrowings or bank mandates, in each such case where the sum of money involved is in excess of GBP£1,000,000 or the equivalent thereof;
pay any remuneration or expenses to any person other than as proper remuneration for work done or services provided or as proper reimbursement for expenses incurred in connection with its business;
make any gift or political or charitable donation;
commence or settle any legal or arbitration proceedings otherwise than in the ordinary course of its business;
create or allow to subsist any encumbrance over any of its assets otherwise than in the ordinary course of business;
form any subsidiary company, limited liability partnership or any other Entity; or
agree (conditionally or otherwise) to do any of the matters or things set out in this Part 2 of Schedule 3.
Total Net tonnes of CO2 expected to be saved per annum
Total Net tonnes of CO2 expected to be saved per annum
Total Net tonnes of CO2 expected to be saved per annum
Total Net tonnes of CO2 expected to be saved per annum
Total Net tonnes of CO2 expected to be saved per annum as at 31 December 2014
To be 148,603 Net tonnes of CO2 expected to be saved per annum as at 31 December 2015
0 Net tonnes of CO2 expected to be saved per annum as at 31 December 2015
Total GWh of energy expected to be generated per annum
Total GWh of energy expected to be generated per annum
Total GWh of energy expected to be generated per annum
Total GWh of energy expected to be generated per annum
Total GWh of energy expected to be generated per annum as at 31 December 2014
To be 199 GWh of energy expected to be generated per annum as at 31 December 2015
0 GWh of energy expected to be generated per annum as at 31 December 2015
Total No. of people with access to new or improved infrastructure (million)
Total No. of people with access to new or improved infrastructure (million)
Total No. of people with access to new or improved infrastructure (million)
Total No. of people with access to new or improved infrastructure (million)
Total No. of people with access to new or improved infrastructure (million) as at 31 December 2014
To be 0.9 million people with access to new or improved infrastructure as at 31 December 2015
0 million people with access to new or improved infrastructure as at 31 December 2015
Total No of projects reaching financial close
Total No of projects reaching financial close
Total No of projects reaching financial close
Total No of projects reaching financial close
Total No of projects reaching financial close as at 31 December 2014
To be 3 projects reaching financial close as at 31 December 2015
0 projects reached financial close as at 31 December 2015
Percentage of total investment commitments in DAC I/II
Percentage of total investment commitments in DAC I/II
Percentage of total investment commitments in DAC I/II
Percentage of total investment commitments in DAC I/II
Percentage of total investment commitments in DAC I/II
To be 75% of total investment commitments in DAC I/II as at 31 December 2015
0% of total investment commitments in DAC I/II as at 31 December 2015
Total Investment Commitments (US$m)
Total Investment Commitments (US$m)
Total Investment Commitments (US$m)
Total Investment Commitments (US$m)
Total Investment Commitments (US$m)
To be US$262m Total Investment Commitments (US$m) as at 31 December 2015
US$0m Total Investment Commitments (US$m) as at 31 December 2015
XM-DAC-47086-GuarantCo
Private Infrastructure Development Group
GuarantCo Ltd
GuarantCo provides guarantees to lenders to support local currency finance for infrastructure projects in low-income countries, promoting domestic infrastructure financing and capital market development.
GuarantCo offers partial guarantees which serve as credit enhancements to facilitate local debt instruments.
Well functioning capital markets are vital to facilitate private sector investment, and to deliver necessary infrastructure projects that improve service coverage and quality. Capacity building in local markets will enable projects to eventually be refinanced with reduced support from GuarantCo.;
GuarantCo's two key objectives are to encourage domestic financing of infrastructure services and to promote local capital market development.;
UK Department for International Development (DFID)
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group (PIDG)
Swiss State Secretariat for Economic Affairs (SECO)
Netherlands Ministry of Foreign Affairs (DGIS) through Netherlands Investment Bank for Developing Countries (FMO)
GuarantCo Ltd
Incorporated in Mauritius on 25 August 2005
GuarantCo Management Company
Chris Vermont
Chief Executive Officer
chris.vermont@guarantco.com
http://www.guarantco.com/
6 Bevis Marks London EC3A 7BA
Highest Supra-national region in which the Facility Funders Agreement and/or Investment Policies (or equivalent) requires the PIDG Facility to operate.
The PIDG Trust does not require that disbursed or committed funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
9000000
16000000
5000000
4800000
10200000
8000000
18030000
9600000
56939600
38580000
87098100
5000000
3024000
DFAT
GuarantCo Ltd
4750000
Disbursed to PIDG by SECO for use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
4750000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
18073900
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
18073900
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
4800000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
7000000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
47337000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
850000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
3200000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
15331100
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
8000000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
13637360
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
4000000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
383015
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
9600000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
18595500
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
17733100
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
59191000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
9500000
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
3200000
Disbursed to PIDG by SECO for use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
8000000
Disbursed to PIDG by Sida for use by GuarantCo
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group
4500000
Committed by PIDG to GuarantCo from SECO Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
9030000
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
9000000
Committed by PIDG to GuarantCo from SECO Grantto PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
9600000
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
52439600
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
9000000
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
4800000
Disbursed to PIDG by SECOfor use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
16000000
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
15000000
Committed by PIDG to GuarantCo from FMO/GuarantCo Subscription Agreement Grant to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
9500000
Disbursed to PIDG by SECO for use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
4800000
Committed by PIDG to GuarantCo from SECO Loan to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
7000000
Committed by PIDG to GuarantCo from Sida Loan to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
8000000
Committed by PIDG to GuarantCo from FMO/GuarantCo Subscription Agreement Grant to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
3200000
Committed by PIDG to GuarantCo from SECO Loan to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
8000000
Committed by PIDG to GuarantCo from Sida Loan to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
38580000
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2000000
Committed by PIDG to GuarantCo from FMO/GuarantCo Subscription Agreement Grant to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
8999975
Disbursed to PIDG by SECO for use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
7000000
Disbursed to PIDG by Sida for use by GuarantCo
Swedish International Development Cooperation Agency (Sida)
Private Infrastructure Development Group
15693158
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
38580000
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
83598100
Committed by PIDG to GuarantCo from DFID Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 10/10/2014
Private Infrastructure Development Group
GuarantCo Ltd
8860980
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
850000
Disbursed to PIDG by SECO for use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
47337000
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
15331100
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
9000000
Committed by PIDG to GuarantCo from FMO/GuarantCo Subscription Agreement Grant to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
8637360
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
8860980
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
5000000
Committed by PIDG to GuarantCo from SECO Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
5000000
Committed by PIDG to GuarantCo from SECO Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
3500000
Committed by PIDG to GuarantCo from SECO Grant to PIDG for Disbursement to GuarantCo under GuarantCo Funders Agreement 23 November 2006
Private Infrastructure Development Group
GuarantCo Ltd
383024
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
9600000
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
18595500
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
17733100
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
16111000
Disbursed to PIDG by DFID for use by GuarantCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
4500000
Disbursed to PIDG by SECO for use by GuarantCo
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
15693159
Disbursed to GuarantCo in return for shares issued
Private Infrastructure Development Group
GuarantCo Ltd
2917200
DFAT
GuarantCo Ltd
2917200
DFAT
GuarantCo Ltd
GuarantCo Constitution
GuarantCo Guarantee Policy and Operational Guidelines
Amended and Restated GuarantCo Funders Agreement
GuarantCo Audited Financial Statements
website
[Extract from Section 3 of Amended and Restated Guarantco Funders Agreement]
GuarantCo undertakes to each of the GuarantCo Donors and the PIDG Trust that it shall:
conduct its business with reasonable skill and care and in accordance with internationally recognised financial and business practices;
carry on its business in accordance with the GuarantCo Constitution, the PIDG Code of Conduct, the Guarantee Policy and the PIDG Operating Policies and Procedures;
maintain at all times a firm of independent accountants acceptable to the GuarantCo Donors as auditors of GuarantCo;
provide the GuarantCo Donors and the PIDG Trust (via the PMU) with a copy of the Management Agreement (subject to the GuarantCo Donors keeping the Management Agreement confidential in accordance with Clause 9.3) and comply with the terms of the Management Agreement and procure that the Manager shall comply with its and GuarantCo’s reporting obligations to the GuarantCo Donors;
obtain and maintain, all insurances as shall be usual for a business undertaking the activities undertaken by GuarantCo and such additional insurances as the GuarantCo Donors shall from time to time reasonably require (having regard to levels of cover and premium rates at the time);
conduct its business in compliance with OECD Principles of Corporate Governance issued from time to time to the extent applicable to GuarantCo or as otherwise required by the GuarantCo Donors;
procure that the audited financial statements it produces in respect of each Financial Year are prepared in accordance with IFRS;
not enter into any transaction with any person other than in the ordinary course of its business on the basis of arm’s length arrangements;
institute internal procedures and controls for the purpose of preventing the Manager and GuarantCo from becoming an instrument for money laundering, the financing of terrorist activities, fraud or other corrupt or illegal purposes or practices; and
within six months of the date of this Agreement, adopt and maintain at all times a treasury policy prepared in accordance with the “Guidance on Preparing PIDG Company Treasury Policies” set out in Annexure 2.
[Extracted from Part 2 of Schedule 3 of the Amended and Restated Guarantco Funders Agreement]
GuarantCo undertakes that it shall not without the prior written consent of the GuarantCo Donors:
enter into any transaction with any person other than in the ordinary course of GuarantCo’s business, on ordinary commercial terms and on the basis of arm's-length arrangements and in accordance with the Guarantee Policy, the PIDG Code of Conduct and the PIDG Operating Policies and Procedures;
change the Guarantee Policy, unless required by law, in any manner which would be inconsistent with the provisions of this Agreement;
grant, make or permit to exist guarantees, indemnities, loans or advances to, or deposits with other persons or investments in any person or enterprise, other than in accordance with GuarantCo’s finance documents, the Guarantee Policy, the PIDG Code of Conduct and the PIDG Operating Policies and Procedures or in the ordinary course of business of GuarantCo;
make any material alteration (including cessation) to the general nature of its business beyond that set out in Clause 2 to this Agreement;
enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby GuarantCo's income or profits are, or might be, shared with any other person outside the ordinary course of business;
terminate, amend or grant any waiver in respect of any provision of the Management Agreement except in accordance with the terms thereof;
declare or distribute any Proceeds save as recommended by the GuarantCo Donors or otherwise as set out in this Agreement;
other than in the ordinary course of business, sell, transfer, lease, license or in any other way dispose of all or a substantial part of its business, undertaking or assets whether by a single transaction or series of transactions;
enter into or terminate any service agreement with a director or managing director of GuarantCo;
save to the extent approved as part of the Annual Business Plan and Budget, incur any material expenditure or liability of a capital nature in each case in excess of US$1,000,000 or the equivalent thereof (including, for this purpose but without limitation, the acquisition of any asset under lease or hire purchase);
borrow any money or obtain any advance or credit in any form other than under GuarantCo’s current financing facilities or normal trade credit or other than on normal banking terms for unsecured overdraft facilities or vary the terms and conditions of any such borrowings or bank mandates, in each such case where the sum of money involved is in excess of US$1,000,000 or the equivalent thereof;
pay any remuneration or expenses to any person other than as proper remuneration for work done or services provided or as proper reimbursement for expenses incurred in connection with its business;
make any gift or political or charitable donation;
commence or settle any legal or arbitration proceedings otherwise than in the ordinary course of its business;
create or allow to subsist any encumbrance over any of its assets otherwise than in the ordinary course of business;
establish any subsidiary (other than any subsidiary to be established solely in connection with any Project); or
agree (conditionally or otherwise) to do any of the matters or things set out in this Part 2 of Schedule 3.
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
7 Facility Projects reached Financial Close in 2014
7 Facility Projects to reach Financial Close in 2015
6 Facility Projects reached Financial Close in 2015
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
30 Facility Projects reached Financial Close as at 31 December 2014
37 Facility Projects to reach Financial Close by 31 December 2015
36 Facility Projects reached Financial Close by 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
44% of total investment raised by Facility financially closed projects in post-conflict and fragile states as at 31 December 2014
30% of total investment raised by Facility financially closed projects to be in post-conflict and fragile states at 31 December 2015
46% of total investment raised by Facility financially closed projects was in post-conflict and fragile states at 31 December 2015
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
100% of total investment raised by Facility closed projects was in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries as at 31 December 2014
100% of total investment raised by Facility closed projects to be in DAC Least Developed Countries, Other Low Income Countries, and Lower Middle Income Countries at 31 December 2015
100% of total investment raised by Facility closed projects was in DAC Least Developed Countries, Other Low Income Countries, and Lower Middle Income Countries at 31 December 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
32.2 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2014
35.5 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects at 31 December 2015
34.3 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects at 31 December 2015
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015 (million)
9.39 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2014
3.2 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
2 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
US$3441m of Private Sector Investment Commitments in Facility Projects as at 31 December 2014
To be US$3750m of Private Sector Investment Commitments in Facility Projects at 31 December 2015
US$3748m of Private Sector Investment Commitments in Facility Projects at 31 December 2015
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
US$309.9m of Investment Commitments in Facility Projects that reached Financial Close in 2014
To be US$309m of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2015
US$307m of Investment Commitments in Facility Projects that reached Financial Close in 2015
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
Percentage of Total Investment raised by Facility closed projects in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries
100% of total investment raised by Facility closed projects was in DAC Least Developed Countries, Other Low Income Countries and Lower Middle Income Countries as at 31 December 2015
100% of total investment raised by Facility closed projects to be in DAC Least Developed Countries, Other Low Income Countries, and Lower Middle Income Countries at 31 December 2016
100% of total investment raised by Facility closed projects to be in DAC Least Developed Countries, Other Low Income Countries, and Lower Middle Income Countries at 31 December 2016
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
34.3 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
26.58 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects at 31 December 2016
37.95 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects at 31 December 2016
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016 (million)
2 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2015
3.68 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016
15.05 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects that reached financial close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
6 Facility Projects reached Financial Close in 2015
8 Facility Projects to reach Financial Close in 2016
6 Facility Projects reached Financial Close in 2016
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
36 Facility Projects reached Financial Close as at 31 December 2015
43 Facility Projects to reach Financial Close by 31 December 2016
41 Facility Projects reached Financial Close by 31 December 2016
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
46% of total investment raised by Facility financially closed projects in post-conflict and fragile states as at 31 December 2015
30% of total investment raised by Facility financially closed projects to be in post-conflict and fragile states at 31 December 2016
44.1% of total investment raised by Facility financially closed projects was in post-conflict and fragile states at 31 December 2016
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
Total Value of Private Sector Investment Commitments in Facility Projects (US$m)
US$3748m of Private Sector Investment Commitments in Facility Projects as at 31 December 2015
To be US$3628.66m of Private Sector Investment Commitments in Facility Projects at 31 December 2016
US$3816.5m of Private Sector Investment Commitments in Facility Projects at 31 December 2016
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
To be US$353m of Private Sector Investment Commitments in Facility Projects that reached Financial Close in 2016
US$540.84m of Investment Commitments in Facility Projects that reached Financial Close in 2016
XM-DAC-47086-ICF Debt Pool
Private Infrastructure Development Group
Infrastructure Crisis Facility – Debt Pool
The ICF-DP provides direct financing to qualified infrastructure projects originated by International Financial Institutions in emerging economies that cannot obtain commercial financing or re-financing existing loans as a consequence of the global financial crisis and the tightening of commercial bank lending and acts as a catalyst for significant co-financing opportunities.;
Kreditanstalt für Wiederaufbau (KfW)
Private Infrastructure Development Group (PIDG)
Infrastructure Crisis Facility – Debt Pool
Incorporated in UK on 10 September 2009
Cordiant Capital Inc
Bertrand Millot
ICF-DP Fund Manager
ddave@cordiantcap.com
http://cordiantcap.com/investment-program/icf-debt-pool/
Suite 2400
1010 Sherbrooke St. W
Montreal, QC
H3A 2R7, Canada
tel: 514-286-1142
Supra-national region in which the Facility Funders Agreement and/or Investment/Operating Policies require each PIDG Facility to operate
Energy Generation/T&D = The generation, supply, transmission and/or distribution of electricity, including rural electrification and all forms of renewable energy supplies. (Percentage = % of PIDG Funding Committed)
10000000
10000000
Disbursed to ICF-DP
Private Infrastructure Development Group
Infrastructure Crisis Facility
10000000
Committed by PIDG Trust to ICFDP from KFW Loan to PIDG for Disbursement to ICDP under ICFDP Facility Agreement
Private Infrastructure Development Group
Infrastructure Crisis Facility
10000000
Disbursed to PIDG Trust by KFW for use by ICF-DP
Kreditanstalt f
Private Infrastructure Development Group
Infrastructure Crisis Facility Debt Pool - Investment Policies and Operating Procedures
Infrastructure Crisis Facility Debt Pool Funding Instruments
ICF Debt Pool Audited Financial Statements
website
[Extract from Section 11 of Facility Agreement between ICF-DP and the PIDG Trust]
11.1 The Borrower undertakes:
(a) to comply at all times with the Operational Policies and Procedures and the Partnership Agreement, to ensure that the Operational Policies and Procedures and the Partnership Agreement are not amended without the prior consent of the Lender and to promptly inform the Lender of any and all modifications of its statutes and by-laws, and of other regulations applicable to the Borrower, of any and all changes in the composition of its Board or the debt pool manager, and of any and all circumstances that preclude or seriously jeopardise the accomplishment of the purpose of this Agreement;
(b) to contractually procure that the persons with whom it deals and contracts do not demand, accept, make, grant, promise or accept the promise of unlawful payments or other advantages in connection with such dealing;
(c) to fully comply with anti-money laundering and terrorism financing standards in accordance with the current OECD Financial Action Task Force (FATF) 40 recommendations for financial institutions, and implement, maintain and, if necessary, improve its internal standards and guidelines to avoid being abused as a vehicle for money-laundering and/or drug trafficking and to freeze financial assets of individuals and groups (including entities to which it has extended loans) if those assets show any indication of money laundering;
(d) as long as there are outstanding obligations hereunder or under other loan agreements with the Lender, to ensure that the Lender has the right to appoint two Board members of the Borrower unless such right of the Lender is already given as a member of the Borrower;
(e) not to enter into any agreement or arrangement with any lender, bank or other institution for the purpose of being granted funds, loans or any other form of indebtedness without the prior written consent of the Lender;
(f) not to pledge, mortgage, alienate or grant any security interest over any of its assets or conclude any other agreement or arrangement the effect of which is the creation of security or any right conferring a priority of payment in respect of any obligation of any person without:
(i) the prior written consent of the Lender; and
(ii) at the Lender’s request the provision of additional pari passu security interests to secure the Lender's claims against the Borrower under this Agreement;
(g) to the extent permitted by law, to use its best efforts to ensure that its obligations under this Agreement will at all times rank at least pari passu with all its other existing or future unsecured and not subordinated payment obligations and, accordingly, to perform the obligations under this Agreement pari passu; and
(h) not to make any payments, either directly or indirectly, to its members or trusts represented by its members without the prior consent of the Lender. Payments to members also include payments to other entities or trusts, which are affiliates or trusts of such members.
11.2 The Borrower undertakes to provide the following documents and information to the Lender:
(a) as soon as possible and in any case within ten (10) Business Days of the end of each financial year, its unaudited financial statements;
(b) within 120 days of the end of each financial year, its audited financial statements including its balance sheet and profit and loss accounts and relevant notes;
(c) as soon as possible and in any case within ten (10) Business Days of the end of each quarter, its quarterly reports; and
(d) promptly on request, any documents, information or reports requested by the Lender to enable the Lender to appraise the Borrower’s projects and their implementation, the utilisation of the Loan or the financial condition of the Borrower.
11.3 The Borrower undertakes to enable the Lender or its agent at any time during normal business hours to inspect any and all documents referred to at Clause 11.2(d) above as well as all auditors’ and accountants’ reports prepared on the Loan by the Borrower's own departments and external auditors and to enable the Lender or its agent, together with representatives of the Borrower, at any time to verify the proper use of the Loan amounts by visiting the sites of the Borrower’s projects and to look into the financial situation and statements of earnings of entities to which the Borrower has extended loans.
Total Funding Committed by Facility to all Financially Closed Projects (€m)
Total Funding Committed by Facility to all Financially Closed Projects (€m)
Total Funding Committed by Facility to all Financially Closed Projects (€m)
Total Funding Committed by Facility to all Financially Closed Projects (€m)
€355m to be committed by Facility to all Financially Closed Projects as of 31 December 2013
€430m to be committed by Facility to all Financially Closed Projects as of 31 December 2014
€430m committed by Facility to all Financially Closed Projects as of 31 December 2014
Number of Facility Projects reaching Financial Close in 2014
Number of Facility Projects reaching Financial Close in 2014
Number of Facility Projects reaching Financial Close in 2014
Number of Facility Projects reaching Financial Close in 2014
0 Facility Projects reached Financial Close in 2013
3 Facility Projects to reach Financial Close in 2014
3 Facility Projects reached Financial Close in 2014
Percentage of Total Investment raised by Facility closed projects in DAC Countries
Percentage of Total Investment raised by Facility closed projects in DAC Countries
Percentage of Total Investment raised by Facility closed projects in DAC Countries
Percentage of Total Investment raised by Facility closed projects in DAC Countries
100% of Total Investment raised by Facility closed projects in DAC Countries in 2013
100% of Total Investment to be raised by Facility closed projects in DAC Countries in 2014
100% of Total Investment to be raised by Facility closed projects in DAC Countries in 2014
Percentage of Total Number of Facility Projects in IDA Countries
Percentage of Total Number of Facility Projects in IDA Countries
Percentage of Total Number of Facility Projects in IDA Countries
Percentage of Total Number of Facility Projects in IDA Countries
80% of Facility Projects in IDA Countries as at 31 December 2013
50% of Facility Projects to be in IDA Countries as at 31 December 2014
50% of Facility Projects in IDA Countries as at 31 December 2014
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
10 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2014
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
10m of Investment Commitments in Facility Projects as at 31 December 2014
XM-DAC-47086-DevCo
Private Infrastructure Development Group
Infrastructure Development Collaboration Partnership Fund (DevCo)
DevCo is a multi-donor PIDG Facility established by the International Finance Corporation (IFC) and the UK's Department for International Development (DFID), and supported by other PIDG members. DevCo supports infrastructure transactions in the poorest countries by providing funding for expert consultants to prepare projects for private investment.
DevCo funds, which are all supplied by PIDG donors, can also be used to support the marketing, planning and development of transactions as well as implementation support. DevCo can also provide partial underwriting of IFC risks associated with advisory mandates.;
The Infrastructure Development Collaboration Partnership Fund (DevCo) (the “Partnership”) aims to support the development and implementation of transactions which bring the private sector into the provision of infrastructure services by funding:
• Technical assistance from specialized consultants to perform due diligence, provide inputs to the development of strategic options and policy choices regarding the structuring of transactions for client governments, and assist in the implementation of transactions. This support will be available for the full range of PPP models and in particular will prioritize working with Small Scale Infrastructure Providers (SSIPs).
• Technical assistance for capacity building of SSIPs and relevant government agencies and the development of financial products to support the growth of SSIPs.
• On a selective basis, technical assistance to support governments in the restructuring of projects following the completion of an original transaction.
• IFC costs associated with the development and implementation of transactions supported by DevCo.
• Monitoring and evaluation, knowledge, communications and other activities that improve the outreach and effectiveness of DevCo activities.;
UK Department for International Development (DFID)
Swedish International Development Cooperation Agency (Sida)
Netherlands Ministry of Foreign Affairs (DGIS)
Austrian Federal Ministry of Finance (BMF)
International Bank for Reconstruction and Development (World Bank)
International Finance Corporation (IFC) as Infrastructure Development Collaboration Partnership Fund (DevCo)
Date of DevCo Advisory MoU between DFID and IFC
International Finance Corporation
Emmanuel Nyirinkindi
IFC Manager for DevCo
ENyirinkindi@ifc.org
http://www.ifc.org/wps/wcm/connect/AS_EXT_Content/What+We+Do/IFC+and+PPPs/Partners/DevCo/
14 Fricker Road, Illovo, 2196
Sandton
South Africa
Supra-national region in which the Facility Funders Agreement and/or Investment/Operating Policies require each PIDG Facility to operate
The Facility Funders Agreement and/or Investment/Operating Policies do not require at the point of commitment or disbursement by the PIDG Trust that funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
DevCo Funding Instruments
DevCo Operating Principles
website
[Extract from DevCo Operating Principles]
Partnership Scope
Definition of eligible countries and sectors are outlined below. Business targets and focus will be agreed with PIDG donors through a three year business plan.
Eligible Sectors
DevCo resources may be applied only to Private Sector Participation (PSP) transactions within “Eligible Sectors.” Eligible sectors are defined as water, electricity, sanitation, and transport at both, the municipal or national level in developing countries. Housing, solid waste handling, and other physical infrastructure services are also eligible for DevCo funding.
Eligible Countries
DevCo resources may be applied to activities undertaken in “Eligible Countries.” Eligible countries are categorized as1) Least Developed Countries, 2) Other Low Income Countries and 3) Lower Middle Income Countries and Territories as defined by the current DAC List of ODA recipients.
To continue to provide adequate support for targeted interventions in Lower Middle Income Countries, the following countries or regions are eligible for inclusion within any Low Income Country resources allocation:
? Low income or lagging states of India, as defined by the Government of India
? Countries in ‘fragile situations’ as defined by the World Bank Groups 'Harmonized List of Fragile Situations'.
Eligible Expenses
The bulk of DevCo resources will be used to fund the costs of specialized consultants associated with the development, design and implementation of private sector infrastructure transactions. These consultants may include legal, technical, environmental, social, auditing, financial or any other specialized consultant. Up to 30% of DevCo resources may be used to cover the costs of IFC and on occasions World Bank staff involved in identifying, supervising and delivering the required assistance and fulfillment of DevCo objectives. In addition, costs associated with administering the DevCo will also be considered eligible.
Number of new Mandates signed in 2015
Number of new Mandates signed in 2015
Number of new Mandates signed in 2015
Number of new Mandates signed in 2015
6 new Mandates signed in 2014
8 new Mandates to be signed in 2015
8 new Mandates signed in 2015
Total Number of Mandates signed
Total Number of Mandates signed
Total Number of Mandates signed
Total Number of Mandates signed
90 Mandates signed as at 31 December 2014
To be 98 Mandates signed as at 31 December 2015
98 Mandates signed as at 31 December 2015
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
100% of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2014
85% of new mandates signed to be in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
71.4% of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
Percentage of new Mandates signed in post-conflict and fragile states in 2015
Percentage of new Mandates signed in post-conflict and fragile states in 2015
Percentage of new Mandates signed in post-conflict and fragile states in 2015
Percentage of new Mandates signed in post-conflict and fragile states in 2015
33% of new Mandates signed in post-conflict and fragile states in 2014
35% of new Mandates signed to be in post-conflict and fragile states in 2015
42.8% of new Mandates signed in post-conflict and fragile states in 2015
Total Value of Private Investment Commitments in Facility Projects (US$m)
Total Value of Private Investment Commitments in Facility Projects (US$m)
Total Value of Private Investment Commitments in Facility Projects (US$m)
Total Value of Private Investment Commitments in Facility Projects (US$m)
US$2152m of Investment Commitments in Facility Projects as at 31 December 2015
To be US$2252.5m of Investment Commitments in Facility Projects as at 31 December 2015
US$2355.14m of Investment Commitments in Facility Projects as at 31 December 2015
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
US$4.8m of Private Investment Commitments in Facility Projects that reached Financial Close in 2014 (US$m)
To be US$100m of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
US$4.8m of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
48% of Total Investment raised by Facility Financially Closed projects were in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states, as at 31 December 2014
To be 48% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states, as at 31 December 2015
48% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states, as at 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
42% of Total Investment raised by Facility Financially Closed projects were in post-conflict and fragile states as at 31 December 2014
To be 35% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
42% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
26.4 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2014
27.4million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
26.44 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states
48% of Total Investment raised by Facility Financially Closed projects were in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states, as at 31 December 2015
To be 50% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states, as at 31 December 2016
47.4% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries, including 8 poor Indian states, as at 31 December 2016
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
24.4 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
27.81million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
26.31 million people had increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
Total Number of Mandates signed
Total Number of Mandates signed
Total Number of Mandates signed
Total Number of Mandates signed
98 Mandates signed as at 31 December 2015
To be 108 Mandates signed as at 31 December 2016
105 Mandates signed as at 31 December 2016
Number of new Mandates signed in 2016
Number of new Mandates signed in 2016
Number of new Mandates signed in 2016
Number of new Mandates signed in 2016
8 new Mandates signed in 2015
10 new Mandates to be signed in 2016
7 new Mandates signed in 2016
Percentage of new Mandates signed in post-conflict and fragile states in 2016
Percentage of new Mandates signed in post-conflict and fragile states in 2016
Percentage of new Mandates signed in post-conflict and fragile states in 2016
Percentage of new Mandates signed in post-conflict and fragile states in 2016
42.8% of new Mandates signed in post-conflict and fragile states in 2015
45% of new Mandates signed to be in post-conflict and fragile states in 2016
80.0% of new Mandates signed in post-conflict and fragile states in 2016
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2016
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2016
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2016
Percentage of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2016
71.4% of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2015
85% of new mandates signed to be in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2016
80.0% of new mandates signed in DAC Least Developed Countries and Other Low Income Countries including 8 poor Indian states in 2016
Total Value of Private Investment Commitments in Facility Projects (US$m)
Total Value of Private Investment Commitments in Facility Projects (US$m)
Total Value of Private Investment Commitments in Facility Projects (US$m)
Total Value of Private Investment Commitments in Facility Projects (US$m)
US$2355.14m of Investment Commitments in Facility Projects as at 31 December 2015
To be US$2395.14m of Investment Commitments in Facility Projects as at 31 December 2016
US$2345.14m of Investment Commitments in Facility Projects as at 31 December 2016
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Value of Private Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
US$201.94m of Private Investment Commitments in Facility Projects that reached Financial Close in 2015 (US$m)
To be US$100m of Private Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
US$4300m of Private Investment Commitments in Facility Projects that reached Financial Close in 2016 (US$m)
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
42% of Total Investment raised by Facility Financially Closed projects were in post-conflict and fragile states as at 31 December 2015
To be 35% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
44% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
XM-DAC-47086-EU-AITF
Private Infrastructure Development Group
European Union - Africa Infrastructure Trust Fund (EU-AITF) funded PIDG Projects
The European Union - Africa Infrastructure Trust Fund (EU-AITF) is a facility of the European Commission, managed under contract by the European Investment Bank, which provides grant funding to support infrastructure projects in the energy, transport, water and ICT sectors in Africa. The Netherlands Ministry of Foreign Affairs (DGIS) nominated the PIDG as their Project Financier and the PIDG is accordingly eligible for drawing on funding support from EU-AITF.
The PIDG Facilities working in Africa are eligible to prepare applications for support. Once approved, EU-AITF funding is managed at the PIDG Trust level by the PIDG PMU.;
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group (PIDG)
Private Infrastructure Development Group (PIDG)
Date DGIS identified PIDG as being eligible to act as an EU-AITF Project Financier
PIDG Central Management Office
Diane Harris
CMO Head of Operations
info@pidg.org
http://www.pidg.org/
MDY Legal, Kings Buildings, 16 Smith Square, London SW1P 3HQ, United Kingdom
% of Funding Committed to Bumbuna Hydropower Grant
% of Funding Committed to Lake Victoria Marine Transport Grant
3100000
122756
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
122756
Private Infrastructure Development Group
Techsult - Worley Parsons
79000
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
79000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith
192369.37
Date funds disbursed by PIDG
Private Infrastructure Development Group
InfraCo Africa
46625.59
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
98589.66
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
21997.74
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
46625.59
Date funds disbursed by PIDG
Private Infrastructure Development Group
120587.40
Date funds disbursed by PIDG
Private Infrastructure Development Group
22500
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith
1094
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber and Co
6402.35
Date funds disbursed by PIDG
Private Infrastructure Development Group
Pricewaterhouse
77500
Date funds disbursed by PIDG
Private Infrastructure Development Group
HFV
899.30
Date funds disbursed by PIDG
Private Infrastructure Development Group
InfraCo Africa
107496.35
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
899.30
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
53200
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult - Worley Parsons
44046
Date funds disbursed by PIDG
Private Infrastructure Development Group
HaskoningDHV Nederland B.V
44046
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
53200
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
2652
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
128800
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
2452
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
2452
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
20287
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
2452
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
26600
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult-Worley Parsons
12060
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
15000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
57000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult-Worley Parsons
34890
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
7357
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
70000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith Freehills
20000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber & Co
22071
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
30000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith Freehills
38640
Date funds disbursed by PIDG
Private Infrastructure Development Group
PWC
32000
Date funds disbursed by PIDG
Private Infrastructure Development Group
PWC
22071
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
7528
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
43297
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
7528
Date funds disbursed by PIDG
Private Infrastructure Development Group
ERM
43297
Date funds disbursed by PIDG
Private Infrastructure Development Group
HaskoningDHV Nederland B.V
60945.5
Date funds disbursed by PIDG
Private Infrastructure Development Group
HaskoningDHV Nederland B.V
2500000
Committed by PIDG to PIDG Facility Project
Private Infrastructure Development Group
Emerging Africa Infrastructure Fund Ltd and Government of Sierre Leone
30000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
34890
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
7357
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
70000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
20000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
2652
Date funds disbursed by PIDG
Private Infrastructure Development Group
Cyril Grant
10000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber & Co
600000
Committed by PIDG to PIDG Facility Project
Private Infrastructure Development Group
InfraCo Africa Development Ltd
2686
Date funds disbursed by PIDG
Private Infrastructure Development Group
Emerging Africa Infrastructure Fund Ltd
24523
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
128800
Date funds disbursed by PIDG
Private Infrastructure Development Group
PWC
15000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber & Co
2452
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
2452
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
20287
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
2452
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
12060
Date funds disbursed by PIDG
Private Infrastructure Development Group
BCA WR
15000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber & Co
8808.19
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult - Worley Parsons
20000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber & Co
10000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
57000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
24523
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
105814
Date funds disbursed by PIDG
Private Infrastructure Development Group
HaskoningDHV Nederland B.V
105814
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
140000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith Freehills
53200
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult - Worley Parsons
53200
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult - Worley Parsons
35000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith Freehills
53200
Date funds disbursed by PIDG
Private Infrastructure Development Group
Techsult - Worley Parsons
35000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith Freehills
20000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Garber & Co
70000
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith Freehills
26600
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
60945.5
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
2686
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
38640
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
32000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
35000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
20000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
70000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
53200
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
35000
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
53200
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
28808.19
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
208200
Date funds received by PIDG
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
Private Infrastructure Development Group
5128
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
96765
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
16091
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
70471
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
18787
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
34758
European Union - Africa Infrastructure Trust Fund (EU-AITF) managed by the European Investment Bank (EIB)
5128
Date funds disbursed by PIDG
Private Infrastructure Development Group
HFC
96765
Date funds disbursed by PIDG
Private Infrastructure Development Group
Bowman
70471
Date funds disbursed by PIDG
Private Infrastructure Development Group
Herbert Smith
16091
Date funds disbursed by PIDG
Private Infrastructure Development Group
Shonubi Musoke
96600
Date funds disbursed by PIDG
Private Infrastructure Development Group
Pricewaterhouse
PIDG EU-AITF Funding Instruments
Website
[Extract from http://www.eu-africa-infrastructure-tf.net/about/FAQ/index.htm]
In which countries is the EU-AITF active?
List of eligible African countries:
• Angola
• Benin
• Botswana
• Burkina Faso
• Burundi
• Cameroon
• Central African Republic
• Chad
• Congo Brazzaville
• Côte d’Ivoire
• Democratic Republic of Congo
• Eritrea
• Ethiopia
• Djibouti
• Gabon
• Equatorial Guinea
• São Tomé and Principe
• Ghana
• Togo
• Guinea-Bissau
• Guinea Republic
• Liberia
• Kenya
• Somalia
• Lesotho
• Swaziland
• Madagascar
• Malawi
• Mali
• Mauritania
• Mauritius
• Comores
• Seychelles
• Mozambique
• Namibia
• Niger
• Nigeria
• Rwanda
• Senegal
• Cape Verde
• Gambia
• Sierra Leone
• Sudan
• Tanzania
• Uganda
• Zambia
• Zimbabwe
Which sectors are eligible for EU-AITF financing?
Energy: geothermal, hydropower, biomass, solar and wind power plants, transmission lines, sustainable cooking fuels, etc.
Transport: road and railway networks, ports, maritime and river routes, air transport, etc.
Water: water supply, treatment and sanitation plants, etc.
Information and communication technologies (ICT): submarine internet cables, satellite-based infrastructure, etc.
Which kind of projects can benefit from an EU-AITF grant?
The EU-AITF is an instrument for supporting infrastructure projects.
The EU-AITF eligibility criteria include:
Project contribution to poverty reduction;
Project contribution to economic development and trade;
Economic viability of the project;
Environmental viability of the project and mitigation of potential impacts;
Provisions for the project / infrastructure's sustainable operation and maintenance;
Projects may be implemented by public or private entities or entities with mixed public-private capital
For operations in the context of the “Sustainable Energy for All-Initiative” priority will be given to projects providing increased access to modern, affordable and sustainable energy services.
Projects must be trans-border infrastructure projects or national projects with a demonstrable regional impact on two or more countries or national projects in the context of the "Sustainable Energy for All" initiative, aligned to the partners' national policies, and, where applicable, to regional policies and/or plans.
What kind of grant support can the EU-AITF provide?
The EU-AITF can provide four types of grant support:
Technical assistance for preparatory work like feasibility studies, Environmental and Social Impact Assessments, Resettlement Action Plans, etc., for project supervision, and also for targeted capacity building such as reinforcing the technical and administrative capacity of local staff in Africa.
Interest rate subsidies to enable EU-AITF Financiers to make long-term loan finance available in flexible ways in order to reduce the total amount of debt service. Such subsidies allow the final financing package to achieve the level of concessionality required by debt sustainability programmes of e.g. the World Bank or the IMF.
Investment Grants are non-reimbursable contributions to finance tangible or intangible project components with the aim to decrease the total investment costs or to increase the concessionality level of the financing package of a project. Investment grants can also target the financing of specific project components which have substantial demonstrable social or environmental benefits or which can mitigate negative environmental or social impacts.
Financial Instruments comprise, but are not limited to, guarantees, loan guarantee cost financing, insurance premia, equity or quasi-equity investments or participations and risk-sharing instruments.
XM-DAC-47086-InfraCo Africa
Private Infrastructure Development Group
InfraCo Africa Ltd
InfraCo Africa is an infrastructure development facility, which has been designed to assume the risks and costs of early-stage project development in the lower income countries in Africa.
InfraCo Africa identifies investment opportunities and develops them to the stage where they can attract domestic and international finance (known as 'financial close'). Where appropriate, targeted subsidies are included in the design of projects where there are affordability concerns for the poor.
By taking on the high costs and risks of early stage project development, InfraCo Africa makes infrastructure projects happen in situations where the private sector would not otherwise be willing or able to invest. It also helps overcome the need for the transfer of early-stage developments back to governments due to a lack of identified investors - something which has often happened in the past.
InfraCo Africa aims to recover its development costs, with profit where conditions allow, through the sale of its project ownership rights to incoming private investors. 100% of InfraCo's Africa's profits are recycled into new project development, which ensures a high developmental return on its capital.;
The objective of the InfraCo Africa activities is to contribute to the aims of the PIDG and to stimulate greater private sector involvement in the development of infrastructure and related projects by reducing the costs and risks of project development at the pre-financial close stage. The Company’s mission is to identify, create and structure financeable private sector and PPP investment opportunities and offer them, at or prior to financial close, to the private sector for implementation.;
Private Infrastructure Development Group (PIDG)
UK Department for International Development (DFID)
Swiss State Secretariat for Economic Affairs (SECO)
Netherlands Ministry of Foreign Affairs (DGIS)
Austrian Development Agency (ADA)
InfraCo Africa Limited (InfraCo Africa)
Incorporated in the UK on 04 August 2004
InfraCo Africa Internal Management Team
Peter Hutchinson
Executive Director
phutchinson@infracoafrica.com
http://www.infracoafrica.com/
6 Bevis Marks EC3A 7BA
Supra-national region in which the Facility Funders Agreement and/or Investment/Operating Policies require each PIDG Facility to operate
The Facility Funders Agreement and/or Investment/Operating Policies do not require at the point of commitment or disbursement by the PIDG Trust that funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
51880000
11000000
5000000
5000000
12450000
9050000
11000000
21750000
1500000
1500000
36210000
25494000
430200
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2439000
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
357919
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
194800
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
367500
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2709146
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
2014469.25
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
646264
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
753536
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
185566
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1626150
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1500000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
1500000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
1000000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
1000000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
2550000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
5000000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
1000000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
41880000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
8359600
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
35210000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
2494000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
167000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2000000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1200000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1900000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
5161363
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1487992
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
493634
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
11000000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
9755964
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
851625
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
625000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
492710
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
5755756
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
3000000
Disbursed to PIDG by ADA for use by InfraCo Africa
Austrian Development Agency (ADA)
Private Infrastructure Development Group
2011507
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1500000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1000000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
625000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
430200
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
194800
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
367500
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1001150
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
625000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1001150
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
625000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
527206
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
139994
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
11000000
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
4968320
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
9964620
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
2831257.08
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2439000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2687845
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
625755
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
651890
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1292528
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
655488
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
1289140
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
424483
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
167000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2000000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1200000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2524635
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1900000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1461060
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
2831257.08
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
1500000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1510642
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1000000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1699500
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
750573.79
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
181518
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
6591350
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
929207
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
924254
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
658457.8916
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
139994
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
527206
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
653423.94
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
625434
Disbursed to PIDG by DGIS for use by InfraCo Africa
Netherlands Ministry of Foreign Affairs (DGIS)
Private Infrastructure Development Group
1626150
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1461060
Disbursed to PIDG by ADA for use by InfraCo Africa
Austrian Development Agency (ADA)
Private Infrastructure Development Group
1502730
Disbursed to PIDG by ADA for use by InfraCo Africa
Austrian Development Agency (ADA)
Private Infrastructure Development Group
1699500
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
850311
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
405841
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
358218
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
625434
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
643298
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
11000000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
5000000
Committed by PIDG to InfraCo Africa from DGIS Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
5000000
Committed by PIDG to InfraCo Africa from DGIS Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
658457.8916
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
500000
Committed by PIDG to InfraCo Africa from DGIS Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
4500000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
2500000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
4950000
Committed by PIDG to InfraCo Africa from ADA Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
4000000
Committed by PIDG to InfraCo Africa from DGIS Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
12872715
Disbursed to PIDG by DFID for use by InfraCo Africa
UK - Department for International Development (DFID)
Private Infrastructure Development Group
4000000
Committed by PIDG to InfraCo Africa from DGIS Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
16920000
Committed by PIDG to InfraCo Africa from DGIS Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
2330000
Committed by PIDG to InfraCo Africa from ADA Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
2500000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
2000000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
12872715
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1500000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
10000000
Committed by PIDG to InfraCo Africa from SECO Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
Private Infrastructure Development Group
InfraCo Africa Ltd
7693673
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1000000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
1000000
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
7855000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for nfraCo Africa under InfraCo Africa Agreement 28 July 2009
InfraCo Africa Ltd
13000000
Committed by PIDG to InfraCo Africa from DFID Grant to PIDG for InfraCo Africa under InfraCo Africa Agreement 28 July 2009
InfraCo Africa Ltd
4000000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
4000000
Disbursed to PIDG by SECO for use by InfraCo Africa
Swiss State Secretariat for Economic Affairs (SECO)
Private Infrastructure Development Group
715000
UK - Department for International Development (DFID)
Private Infrastructure Development Group
6788000
UK - Department for International Development (DFID)
Private Infrastructure Development Group
7503000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
11061000
UK - Department for International Development (DFID)
Private Infrastructure Development Group
11061000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
8145000
UK - Department for International Development (DFID)
Private Infrastructure Development Group
8145000
Disbursed to InfraCo Africa in return for shares issued
Private Infrastructure Development Group
InfraCo Africa Ltd
InfraCo Africa Operating Policies and Procedures
InfraCo Africa Funders Agreement
InfraCo Africa Audited Financial Statements
Website
[Extract from 04 August 2015 InfraCo Africa Funders Agreement]
3.1 InfraCo hereby undertakes to each of the InfraCo Donors that it shall, and each of the InfraCo Donors hereby undertakes to each of the other InfraCo Donors to use its reasonable endeavours to procure that InfraCo shall:
3.1.1 conduct its business with reasonable skill and care and in accordance with internationally recognised financial and business practices;
3.1.2 carry on its business in accordance with the InfraCo Constitution and the Operating Policies and Procedures;
3.1.3 maintain at all times a firm of independent accountants acceptable to the InfraCo Donors as auditors of InfraCo;
3.1.4 comply with the terms of the Management Agreement (including, for the avoidance of doubt, the Amended and Restated Management Services Agreement) and procure that the Manager shall comply with its and InfraCo\\\'s reporting obligations to the InfraCo Donors;
3.1.5 obtain and maintain, or procure that the Manager obtains and maintains, all insurances required by English law and such other insurances as the InfraCo Donors shall from time to time reasonably require (having regard to levels of cover and premium rates at the time), including but not limited to (i) fire (or all risks) on assets, as applicable, and (ii) directors’ and officers’ liability;
3.1.6 conduct its business in compliance with OECD Principles of Corporate Governance issued from time to time to the extent applicable for InfraCo or as otherwise required by the InfraCo Donors;
3.1.7 procure that the audited financial statements it produces in respect of each Accounting Period (as defined in Clause 9.1(i)) are prepared in accordance with IFRS;
3.1.8 not enter into any transaction with any person other than in the ordinary course of its business on the basis of arm’s length arrangements; and
3.1.9 institute internal procedures and controls for the purpose of preventing the Manager and the Company from becoming an instrument for money laundering, the financing of terrorist activities, fraud or other corrupt or illegal purposes or practices.
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
8 Financially Closed Facility Projects as at 31 December 2014
To be 9 Financially Closed Facility Projects as at 31 December 2015
9 Financially Closed Facility Projects as at 31 December 2015
Number of Facility signed JDAs for Projects in 2015
Number of Facility signed JDAs for Projects in 2015
Number of Facility signed JDAs for Projects in 2015
Number of Facility signed JDAs for Projects in 2015
1 Facility signed JDAs for Projects in 2014
To be 4 Facility signed JDAs for Projects in 2015
5 Facility signed JDAs for Projects in 2015
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
US$2075.6m of Investment Commitments in Facility Projects as at 31 December 2014
To be US$2090m of Investment Commitments in Facility Projects as at 31 December 2015
US$2078m of Investment Commitments in Facility Projects as at 31 December 2015
Value of Investment Commitments in Facility Projects in 2015 (US$m)
Value of Investment Commitments in Facility Projects in 2015 (US$m)
Value of Investment Commitments in Facility Projects in 2015 (US$m)
Value of Investment Commitments in Facility Projects in 2015 (US$m)
US$0m of Investment Commitments in Facility Projects in 2014
To be US$14.78m of Investment Commitments in Facility Projects in 2015
US$2.4m of Investment Commitments in Facility Projects in 2015
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
96% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries as of 31 December 2014
To be more than 75% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries as of 31 December 2015
96% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries as of 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
22% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2014
To be more than 20% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
22% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
13.03 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2014
13.04 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
13.03 million people have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015 (million)
0 people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2014
0.01 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015
0.01 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2015
0 Facility Projects reaching Financial Close in 2014
1 Facility Projects to reach Financial Close in 2015
1 Facility Projects reached Financial Close in 2015
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
Total No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects (million)
13.04 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2015
15.2 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
13 million people have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects as at 31 December 2016
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
Total Number of Financially Closed Facility Projects
9 Financially Closed Facility Projects as at 31 December 2015
To be 10 Financially Closed Facility Projects as at 31 December 2016
10 Financially Closed Facility Projects as at 31 December 2016
Number of Facility signed JDAs for Projects in 2016
Number of Facility signed JDAs for Projects in 2016
Number of Facility signed JDAs for Projects in 2016
Number of Facility signed JDAs for Projects in 2016
5 Facility signed JDAs for Projects in 2015
To be 3 Facility signed JDAs for Projects in 2016
3 Facility signed JDAs for Projects in 2016
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
Total Value of Investment Commitments in Facility Projects (US$m)
US$2078m of Investment Commitments in Facility Projects as at 31 December 2015
To be US$2159m of Investment Commitments in Facility Projects as at 31 December 2016
US$2068m of Investment Commitments in Facility Projects as at 31 December 2016
Value of Investment Commitments in Facility Projects in 2016 (US$m)
Value of Investment Commitments in Facility Projects in 2016 (US$m)
Value of Investment Commitments in Facility Projects in 2016 (US$m)
Value of Investment Commitments in Facility Projects in 2016 (US$m)
US$2.4m of Investment Commitments in Facility Projects in 2014
To be US$96m of Investment Commitments in Facility Projects in 2016
US$5m of Investment Commitments in Facility Projects in 2016
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
Percentage of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries
96% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries as of 31 December 2015
To be more than 75% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries as of 31 December 2016
96% of Total Investment raised by Facility Financially Closed projects in DAC Least Developed Countries and Other Low Income Countries as of 31 December 2016
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
22% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
To be more than 20% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
22% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2016 (million)
No. of people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2016 (million)
0.01 people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2015
2.17 million people to have increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2016
0 million people with increased access to new / improved infrastructure services in poorer developing countries as a result of Facility projects in 2016
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2015
Number of Facility Projects reaching Financial Close in 2016
Number of Facility Projects reaching Financial Close in 2016
1 Facility Project reaching Financial Close in 2015
2 Facility Projects to reach Financial Close in 2016
1 Facility Project reached Financial Close in 2016
XM-DAC-47086-InfraCo Asia Investment
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
InfraCo Asia Investment's objectives are to:
(i) address market failures in the supply of capital to early stage infrastructure projects in Eligible Countries which can delay and sometimes prevent financial close of viable infrastructure projects; and to
(ii) facilitate the accelerated construction and completion of infrastructure projects that satisfy the criteria as set out in the IAsI Investment Policy and Procedures, by making investments in Projects that provide benefits to the poor, including girls and women, principally at first financial close all in accordance with the provisions of the IAsI Investment Policy and Procedures.
Private Infrastructure Development Group
UK Department for International Development (DFID)
InfraCo Asia Investment Pte. Ltd (IAI)
Incorporated in Singapore on 8 December 2011
InfraCo Asia Internal Management Team
Claudine Lim
Corporate Development Manager
Claudine.lim@infracoasia.com
http://www.infracoasia.com
Level 17 Republic Plaza II
9 Raffles Place Singapore 048619
Highest Supra-national region in which the Facility Funders Agreement and/or Investment Policies (or equivalent) requires the PIDG Facility to operate.
The PIDG Trust does not require that disbursed or committed funds are used in a specific sector by the recipient PIDG Facility. As such, all funds are reported as DAC Code 51010 - Unearmarked contribution…general programme assistance (when not allocable by sector)
35000000
6500000
7000000
11184700
Disbursed to InfraCo Asia Investment in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
10895950
Disbursed to InfraCo Asia Investment in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
48889.8
Disbursed to PIDG by DFID for use by InfraCo Asia Investment
UK - Department for International Development (DFID)
Private Infrastructure Development Group
6500000
Committed by PIDG to InfraCo Asia Investment from DFID Grant to PIDG for InfraCo Asia Investment under the IAI Funders Agreement 16/12/2014
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
35000000
Committed by PIDG to InfraCo Asia Investment from DFID Grant to PIDG for InfraCo Asia Investment under the IAI Funders Agreement 16/12/2014
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
100000
Disbursed to InfraCo Asia Investment in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
5138775
Disbursed to PIDG by DFID for use by InfraCo Asia Investment
UK - Department for International Development (DFID)
Private Infrastructure Development Group
7000000
Disbursed to PIDG by DFID for use by InfraCo Asia Investment
UK - Department for International Development (DFID)
Private Infrastructure Development Group
10100834.6
Disbursed to PIDG by DFID for use by InfraCo Asia Investment
UK - Department for International Development (DFID)
Private Infrastructure Development Group
7000000
Committed by PIDG to InfraCo Asia Investment from DFID Grant to PIDG for InfraCo Asia Investment under the IAI Funders Agreement 16/12/2014
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
5138775
Disbursed to InfraCo Asia Investment in return for shares issued
Private Infrastructure Development Group
InfraCo Asia Investment Pte Ltd
InfraCo Asia Investment Investment Policy
InfraCo Asia Investment Funders Agreement
InfraCo Asia Investment Audited Financial Statements
Website
[Extract from Section 3 of 16 December 2014 InfraCo Asia Investment Funders Agreement]
3.1 IAsI hereby undertakes to each of the IAsI Donors and to the PIDG Trust that it shall:
3.1.1 conduct its business with reasonable skill and care and in accordance with internationally recognised financial and business practices;
3.1.2 carry on its business in accordance with the IAsI Constitution, the PIDG Code of Conduct, the IAsI Investment Policy and Procedures and the PIDG Operating Policies and Procedures;
3.1.3 maintain at all times a firm of independent accountants acceptable to the IAsI Donors as auditors of IAsI;
3.1.4 comply with its reporting obligations to the IAsI Donors as set out in this Agreement;
3.1.5 provide the IAsI Donors and the PIDG Trust (via the PIDG PMU) with a copy of such Management Services Agreement(s) (if any) as may be entered into by IAsI from time to time (subject to the IAsI Donors keeping the Management Services Agreement(s) confidential in accordance with the provisions of Clause 8.3) and comply with the terms of any Management Services Agreement(s) and procure that each Management Services Provider shall comply with its and IAsI’s reporting obligations to the IAsI Donors as set out in this Agreement;
3.1.6 obtain and maintain all insurances as shall be usual for a business undertaking the activities undertaken by IAsI and such additional insurances as the IAsI Donors shall from time to time reasonably require (having regard to the levels of cover and the premium rates at the time);
3.1.7 conduct its business in compliance with OECD Principles of Corporate Governance to the extent applicable to IAsI or as otherwise reasonably required by the IAsI Donors;
3.1.8 ensure that the audited financial statements it produces in respect of each Financial Year are prepared in accordance with SFRS;
3.1.9 not enter into any transaction with any person other than in the ordinary course of its business on the basis of arm’s length arrangements;
3.1.10 institute internal procedures and controls for the purpose of preventing IAsI, any Project Client and any Management Services Provider from becoming an instrument for money laundering, the financing of terrorist activities, fraud or other corrupt or illegal purposes or practices; and
3.1.11 adopt and maintain at all times a treasury policy prepared in accordance with the “Guidance on Preparing PIDG Company Treasury Policies” set out in Annexure 2.
3.2 IAsI agrees that it shall not, and the IAsI Donors and the Trustees agree that they shall exercise all rights available to them to procure that IAsI shall not, undertake any of the items set out in Part 1 of Schedule 3 without the unanimous consent of the IAsI Donors.
3.3 IAsI agrees that it shall not, and the IAsI Donors and the Trustees agree that they shall exercise all rights available to them to procure that IAsI shall not, undertake any of the items set out in Part 2 of Schedule 3 without the unanimous consent of the IAsI Donors.
3.4 Without prejudice to the provisions of Clause 3.2 and Clause 3.3, the PIDG Trust undertakes to the IAsI Donors that to the extent that any rights in respect of any of the items set out in Schedule 3 are reserved to the Trustees in their capacity as a shareholder of IAsI whether in the articles of association of IAsI or otherwise, then the Trustees will only exercise any such rights in accordance with the unanimous instruction of all of the IAsI Donors.
3.5 DFID may convert its funding under any of the DFID Grant Arrangements (in whole or in part) into a Loan or other returnable instrument upon terms and conditions to be agreed by the PIDG Trust and DFID subject to the prior written approval of the PIDG Donors whereupon a consequential amendment to Schedule 4 (Funding Instruments) shall be agreed upon in writing by the IAsI Donors, and Schedule 4 of this Agreement shall be deemed to have been amended accordingly.
3.6 The Trustees undertake:
3.6.1 to comply with the PIDG Code of Conduct and PIDG Operating Policies and Procedures;
3.6.2 not to change the accounting policy of the PIDG Trust without the consent of the PIDG Donors;
3.6.3 to retain or cause to be retained until at least 12 years after the IAsI Donors have received the audit report for the Financial Year in which the last Contribution was made, all records (contracts, orders, invoices, bills, receipts and other documents) evidencing the expenditures and ensure that such records and accounts are included in the annual audit of the PIDG Trust and to enable any IAsI Donor’s representatives to examine such records and accounts of the PIDG Trust;
3.6.4 without limitation to Clause 3.6.3 above, to furnish or cause to be furnished to the IAsI Donors any information reasonably requested by the IAsI Donors and allow representatives of the IAsI Donors the right to audit the books and records of the PIDG Trust provided that the PIDG Trust shall not be obliged to disclose any information which is subject to confidentiality or non-disclosure undertakings in favour of a third party.
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
0% return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity) as at 31 December 2014
To be greater than 10% return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity) as at 31 December 2015
0% return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity) as at 31 December 2015
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
75% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2014
To be at least 50% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
87% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2015
Number of Facility Projects Signed in 2015
Number of Facility Projects Signed in 2015
Number of Facility Projects Signed in 2015
Number of Facility Projects Signed in 2015
2 Facility Projects Signed in 2014
To be 4 Facility Projects Signed in 2015
1 Facility Projects Signed in 2015
% of portfolio of signed investment commitments in target countries
% of portfolio of signed investment commitments in target countries
% of portfolio of signed investment commitments in target countries
% of portfolio of signed investment commitments in target countries
87% of portfolio of signed investment commitments in target countries as at 31 December 2014
To be at least 50% of portfolio of signed investment commitments in target countries as at 31 December 2015
87% of portfolio of signed investment commitments in target countries as at 31 December 2015
Total Number of Facility Projects Signed
Total Number of Facility Projects Signed
Total Number of Facility Projects Signed
Total Number of Facility Projects Signed
2 Facility Projects Signed as at 31 December 2014
To be 6 Facility Projects Signed as at 31 December 2015
3 Facility Projects Signed as at 31 December 2015
Number of Facility Projects Signed in 2016
Number of Facility Projects Signed in 2016
Number of Facility Projects Signed in 2016
Number of Facility Projects Signed in 2016
1 Facility Project Signed in 2015
To be 2 Facility Projects Signed in 2016
0 Facility Project Signed in 2016
Total Number of Facility Projects Signed
Total Number of Facility Projects Signed
Total Number of Facility Projects Signed
Total Number of Facility Projects Signed
3 Facility Projects Signed as at 31 December 2015
To be 5 Facility Projects Signed as at 31 December 2016
3 Facility Projects Signed as at 31 December 2016
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
Percentage of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states
To be at least 50% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
84% of Total Investment raised by Facility Financially Closed projects in post-conflict and fragile states as at 31 December 2016
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
Return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity)
0% return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity) as at 31 December 2015
To be greater than 10% return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity) as at 31 December 2016
10.3% return on Investment for InfraCo Asia Investment Ltd in infrastructure projects (debt or equity) as at 31 December 2016
% of portfolio of signed investment commitments in target countries
% of portfolio of signed investment commitments in target countries
% of portfolio of signed investment commitments in target countries
% of portfolio of signed investment commitments in target countries
87% of portfolio of signed investment commitments in target countries as at 31 December 2015
To be at least 50% of portfolio of signed investment commitments in target countries as at 31 December 2016
84% of portfolio of signed investment commitments in target countries as at 31 December 2016
XM-DAC-47086-AgDevCoFunding
Private Infrastructure Development Group
Funding committed through the PIDG Trust for AgDevCo
AgDevCo currently operates as an Affiliated Facility of PIDG, with DFID funding committed to AgDevCo through the PIDG Trust to enable AgDevCo to continue developing agricultural infrastructure and related agricultural investment opportunities in sub-Saharan Africa.
Private Infrastructure Development Group (PIDG)
UK Department for International Development (DFID)
Letter of Arrangement between AgDevCo and PIDG Trust executed on 25 July 2013
PIDG Programme Management Unit
Diane Harris
Head of Operations
+44 (0)20 8643 9794
info@pidg.org
http://www.pidg.org/
MDY Legal, St. Nicholas House, St. Nicholas Rd, Sutton, Surrey, SM1 1EL. United Kingdom
Sub-Saharan Africa in PIDG Regional Breakdown (Percentage = % of PIDG Funding Committed)
The Letter of Arrangement between the PIDG Trust and AgDevCo requires that funds be used to invest in agriculture related infrastructure opportunities
47018576
16938900
Disbursed to PIDG by DFID for use by AgDevCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
4809300
Disbursed to PIDG by DFID for use by AgDevCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
5009955.43
Disbursed to PIDG by DFID for use by AgDevCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
24955208.17
Disbursed to PIDG by DFID for use by AgDevCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
1024505.55
Disbursed to PIDG by DFID for use by AgDevCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
14280084.09
Disbursed to PIDG by DFID for use by AgDevCo
UK - Department for International Development (DFID)
Private Infrastructure Development Group
16938900
Disbursed to AgDevCo by PIDG
Private Infrastructure Development Group
AgDevCo
4809300
Disbursed to AgDevCo by PIDG
Private Infrastructure Development Group
AgDevCo
5009955.43
Disbursed to AgDevCo by PIDG
Private Infrastructure Development Group
AgDevCo
24955208.17
Disbursed to AgDevCo by PIDG
Private Infrastructure Development Group
AgDevCo
1024505.55
Disbursed to AgDevCo by PIDG
Private Infrastructure Development Group
AgDevCo
14280084.09
Disbursed to AgDevCo by PIDG
Private Infrastructure Development Group
AgDevCo
14000000
Committed to AgDevCo by the PIDG with funds made available by DFID in the Letter of Arrangement between the PIDG and AgDevCo dated 25 July 2013
Private Infrastructure Development Group
AgDevCo
4323176
Committed to AgDevCo by the PIDG with funds made available by DFID in the Letter of Arrangement between the PIDG and AgDevCo dated 25 July 2013
Private Infrastructure Development Group
AgDevCo
28695400
Committed to AgDevCo by the PIDG with funds made available by DFID in the Letter of Arrangement between the PIDG and AgDevCo dated 25 July 2013
Private Infrastructure Development Group
AgDevCo
Letter of Arrangement between AgDevCo and PIDG dated 25 July 2013
Website
[Extract from Section 5 of the Letter of Arrangement between AgDevCo and the PIDG Trust dated 25 July 2013]
The Recipient confirms that it will:
(a) procure that the Project will be carried out in countries and territories eligible to receive official development assistance as set out in the OECD’s DAC List of ODA Recipients as amended from time to time;
(c) conduct its business with reasonable skill and care and in accordance with internationally recognised financial and business practices;
(d) maintain at all times a firm of independent accountants acceptable to the PIDG Trust as auditors;
(e) comply with its reporting obligations to the PIDG Trust set out herein;
(f) obtain and maintain all insurances as shall be usual for a business undertaking the activities undertaken by the Recipient (including as to levels of cover), including but not limited to: (i) fire (or all risks) on assets, as applicable; and (ii) directors’ and officers’ liability;
(g) conduct its business in compliance with OECD Principles of Corporate Governance issued from time to time to the extent applicable for the Recipient;
(h) procure that the audited financial statements it produces in respect of each accounting period are prepared in accordance with approved accounting principles; and
(j) in accordance with the code of conduct and operating policies and procedures of the PIDG, institute internal procedures and controls for the purpose of preventing the Recipient from becoming an instrument for money laundering, the financing of terrorist activities, fraud or other corrupt or illegal purposes or practices.
5.2 The Recipient undertakes to supply all assistance to the PMU and the PIDG Trust, either as specified in this Letter of Arrangement and the Proposal or as reasonably requested, and shall co-operate with the PMU and the PIDG Trust in monitoring and evaluating the Project, including ensuring access to the Project sites as required by the PMU and the PIDG Trust.
5.3 The Recipient will prepare and submit to the PMU on behalf of the PIDG Trust the following documents:
(b) at least 20 days before the start of the Recipient’s accounting period, a copy of the Recipient’s business or annual operating plan and budget for such accounting period;
(c) within 30 days of the end of each quarter (31 March, 30 June, 30 September, 31 December), unaudited financial statements for the Recipient or any other form of financial statement satisfactory to the Recipient’s PIDG Donors and the PMU (the PMU being responsible for seeking Recipient’s PIDG Donors’ approval).including the following information:
• a forecast cash flow, which will include the following information
- any projects/investments in the Recipient’s project pipeline (including a table with breakdown of costs per project and supporting narrative on each investment/project);
- the Recipient’s operating costs, including funding required for any due diligence requirements;
- any pre-project pipeline amount requested;
- funding expected from any other source and how this will be used to support the Recipient’s operations;
• the Recipient’s balance sheet and profit and loss (analysed by month / quarter); and
• the assumptions and risks behind the information provided.
• a statement confirming whether/when the next disbursement from the Grant is expected to be required with some narrative to justify the timing and amount requested;
(d) within 30 days of the end of each quarter progress reports on the status of the activities of the Recipient including any special reports relating to the Project in such form and detail as any member of the PIDG may require;
(e) a material risk report for the Recipient;
(f) within one hundred and fifty (150) days after the end of the first accounting period of the Recipient, and within one hundred and twenty (120) days thereafter, a copy of the Recipient’s audited financial statements for such accounting period prepared in accordance with International Financial Reporting Standards (www.ifrs.com) together with an audit report thereon signed by the Recipient’s auditors, which shall include an annual management assertion of the satisfactory financial procedures and controls used by the Recipient;
(g) logframes and reports on the development impact of the Project in accordance with the methodology and format agreed by the members of the PIDG and set out in the “PIDG Results Monitoring Handbook” as may be amended from time to time;
(h) case studies relating to the Project in such form and substance as the PIDG Trust may reasonably require from time to time;
(i) prompt notice of any proposed change in the purpose, nature or scope of the business or operations of the Recipient;
(j) at least fourteen (14) days' notice of the calling of any meeting of the Recipient’s shareholders indicating the agenda thereof, and as soon as available thereafter the minutes of such meeting;
(k) prompt notice of any litigation which is reasonably likely to affect, materially and adversely, the Recipient or the members of the PIDG;
(l) without limitation to the above, any information reasonably requested by the PIDG Trust (and it will and allow representatives of the PIDG Trust and the members of the PIDG the right to review the progress of any investment by the Recipient and allow the representatives of the PIDG Trust and the Recipient the right to audit the books and records of the Recipient provided that the Recipient shall not be obliged to disclose any information which is subject to confidentiality or non-disclosure undertakings in favour of a third party);
(m) such reasonable support and assistance as the Recipient may require when undertaking any mid-term or progress review of the Recipient; and
(n) a final report and consolidated financial statement on termination of this Letter of Arrangement in a form to be agreed with the PMU.
5.4 The Recipient agrees (i) to retain or cause to be retained for at least seven (7) years, all records (contracts, orders, invoices, bills, receipts and other documents) evidencing the Recipient’s expenditure and ensure that such records and accounts are included in the annual audit of the Recipient and enable the members of the PIDG’s representatives to examine such records and accounts of the Recipient; and (ii) without limitation to the above, to furnish or cause to be furnished to the members of the PIDG any information reasonably requested by a member of the PIDG and to allow representatives of the members of the PIDG on reasonable notice the right to review the progress of the Project.
5.5 If at any stage the Recipient should become aware of, or suspect, any misappropriation or diversion of funds or possible fraud or corruption relating to the Project, the Recipient must report the matter immediately in accordance with the PIDG’s anticorruption and integrity policy and procedures as may be amended from time to time.
5.6 The Recipient agrees that until the Grant has been fully spent it will not, without the prior consent of the PMU on behalf of the PIDG Trust, pay or transfer any of its income, directly or indirectly by way of dividend or bonus or otherwise by way of profit to any shareholder of the Recipient, and on its dissolution the shareholders of the Recipient will, following consultation in good faith with the PMU, transfer or apply the assets of the Recipient solely to another not for profit organisation with similar purposes, and that has the capacity to comply with the requirements set out in this Letter of Arrangement.
5.7 The PIDG Trust agrees that the Recipient may remunerate its staff as it considers reasonable and appropriate, unless and until it becomes a PIDG facility. This may include an incentive-based arrangement that rewards staff for delivery of certain objectives.
5.8 Even though the Recipient is not a PIDG facility, the Recipient and the PIDG Trust agree to disclose such information relating to the Grant as is required to meet the requirements of the PIDG’s disclosure policy and procedures as may be amended from to time.