InfraCo Africa

We are delighted to welcome Youness OUADDI to The Private Infrastructure Development Group. Youness joins InfraCo's Business Development team and will bring his expertise to the role of Business Development Manager. Youness will based in our #Casablanca office. #letsworktogether

Integrated Resource Plan – Renewable Energy in Zambia's Future In November 2023, Zambia’s Cabinet approved the country’s comprehensive Integrated Resource Plan (IRP), which was officially launched in February 2024. This ambitious plan aims to achieve national energy sufficiency and surplus through a diversified energy mix and sustainable development. The IRP emphasizes enhanced energy security, sustainable development, and universal electricity access. This comprehensive 30-year IRP roadmap is designed to meet the growing power demands of Zambia's residential, industrial and mining sectors. The publication of the IRP marks a pivotal step towards a sustainable and diversified power future for Zambia. Significant investments in transmission infrastructure and a focus on variable renewable energy sources (VRES) are central to ensuring a resilient and climate-friendly power sector. VRES plays a crucial role in the IRP, with plans to significantly increase the amount of grid size renewable energy generation. While the current VRES contribution to Zambia’s installed generation capacity is minimal, it is expected to rise substantially by 2030 and even more by 2050. This shift towards renewable energy underscores Zambia's commitment to climate-resilient solutions and reducing greenhouse gas emissions. #RenewableEnergy #Zambia #Sustainability #EnergySecurity #ClimateChange #InfrastructureDevelopment #WPC InfraCo Africa

Renewable energy is reshaping community experience in Akpoku Village, Rivers State. Through the Climate Finance Blending Facility that catalyzed private investment to support Darway Coast’s mini grids , this once underserved community now enjoys access to more reliable solar electricity. For a small business owner, the impact is profound—lower costs, smoother operations, and more time for her business and family, as she can now refrigerates her perishable items and even cooks more efficiently. This is the potential of sustainable energy: reducing burdens, unlocking opportunities, and powering progress, one community at a time.

The World Economic Forum considers access to meaningful broadband internet as being the next developmental step for the African continent after access to energy. We are proud to be supporting Mawingu to build on its success in #Kenya by expanding its offering into #Tanzania through the acquisition of Habari. The Private Infrastructure Development Group, FMO - Dutch entrepreneurial development bank, AfricaGoGreen Fund

Internet Service Provider, Mawingu, has today announced the acquisition of Habari, an Arusha-based ISP with operations across 7 regions in Tanzania. Habari has more than 25 years of experience delivering Internet and ICT solutions to rural households and businesses across #Tanzania. This acquisition will rapidly accelerate Mawingu’s vision of opening opportunities through enhanced digital connectivity across East Africa in areas that have traditionally not been given priority due to the high capital cost and logistical complexities involved in ensuring a stable, reliable, and affordable service. Mawingu has raised USD15 million of debt and equity financing to enable this expansion into East Africa. Existing investors, InfraCo Africa, part of the The Private Infrastructure Development Group, and FMO - Dutch entrepreneurial development bank, have invested an additional USD4m, enabling Mawingu to secure USD11 million of long-term senior debt from the AfricaGoGreen Fund, managed by Cygnum Capital. Read more here: https://lnkd.in/eTvFMAHk

At Dhamana, supporting industry capacity-building initiatives central to our mission. Last week, our CEO, Christopher Olobo, joined a distinguished panel alongside Dr. Eng. John Mativo MBS [MD & CEO, KETRACO], Mphokolo Makara [Executive Head Energy & Infrastructure, Standard Bank Group], Julia Ondeyo [Deputy Director, KeNHA] at the BCDIP Public Private Partnerships [PPPs] Half Day Workshop: Upskilling industry professionals to accelerate infrastructure development During the event, Kenya Electricity Transmission Company Limited (KETRACO) and Kenya National Highways Authority [KeNHA] showcased projects requiring significant private sector investment, with financing needs exceeding $5 Billion in the total requirement. Notably, pension funds in Kenya hold assets valued at about $20 Billion, making them ideal for funding long-term projects like Transmission Lines PPPs and Expressway PPPs. Our tailored public infrastructure finance solutions at Dhamana are designed to credit enhance public sector issuers like KETRACO and KeNHA, enabling them to tap into Kenya's deep domestic liquidity market. This approach mobilizes resources from institutional investors, including Pension Funds, Insurance Companies, and Money Managers, to transform public infrastructure financing. #InfrastructureFinance #PPPDevelopment #PensionFunds #EastAfricaGrowth

Every 10 minutes, a woman loses her life to violence. A chilling statistic from UN Women (2023) that underscores the urgent need for change. Today, we celebrate the resilience of women like Tshiyiwe Shibhula, a GBV survivor who's turning tragedy into triumph. Based in Chipinge, Zimbabwe, Tshiyiwe uses the Hamba to provide a lifeline to women affected by gender-based violence. She transports survivors to safety, medical care, and support services. “Without these Hambas, some of us would be dead, honestly. I might say this as if I am joking but I know that deep in my heart the Hamba brought light to us,” Tshiyiwe shares. Her impact extends beyond transportation. She's formed a collective, 'United Hands,' where women use the Hamba to generate income and support each other. From funding school fees for survivors' children to investing in community projects, their collective power is undeniable. Tshiyiwe's story is a testament to the transformative power of the Hamba. But more are needed to reach women in crisis. Please reach out if you are keen to support our initiatives and ensure that every woman has the opportunity to heal, thrive, and live a life free from violence. #EndGBV #WomenEmpowerment #Hamba #drivingdevelopment

Today is International Day for the Elimination of Violence against Women. In recognition of this important campaign, we want to illustrate how an impact assessment of a project’s alignment with the United Nations’ Sustainable Development Goals - including gender equality - is integral to GuarantCo’s investment decisions. For example, Guarantco has partnered with Acorn Holdings Limited for the past five years to realise its vision for green, safe and affordable student accommodation in Nairobi through the provision of bond guarantees. Our Impact team worked closely with Acorn to ensure gender considerations were factored into the project, with over 60% of the student residents expected to be women. This included separate floors for women, female security staff, good lighting in and around the buildings, CCTV and biometric access. Acorn hired a Gender and Safeguarding Officer to oversee these initiatives and deliver training. In October 2019, GuarantCo provided a guarantee backed loan for K-Electric to support its energy infrastructure safety programmes in Karachi. This partnership has included a technical assistance grant to support the company’s award-winning Roshni Baji safety awareness programme that empowers women to step into paid roles in the community and trained the first female electricians in Pakistan. A recent impact study highlighted how the programme helped reduce the Roshni Baji’s reliance on male relatives or partners by providing them with a salary, martial arts and motorcycle training, the skills to read their electricity meters and bills and electrical safety awareness. https://lnkd.in/eufBu-nW There is no excuse for gender-based violence. Yet violence against women and girls remains one of the most prevalent and pervasive human rights violations in the world. Gender empowerment cannot be achieved without first safeguarding women. We fully support UN Women in working to break the silence, support victims and promote lasting change through legal reforms, education, and advocacy. The Private Infrastructure Development Group #GlobalGoals #Genderequality #Impactinvestment

InfraCredit is looking to hire a Clean Energy Technical Analyst, to join the team in Lagos, Nigeria. Passionate about sustainability and making an impact? We would like to hear from you. http://bit.ly/4fzpE95 #ImpactInvesting #InfraCredit

As #COP29 comes to an end, we reflect on what PIDG has accomplished #SinceCOP28. Galvanised by our past successes delivering sustainable infrastructure solutions across Africa, south and southeast Asia, we are committed to scaling our impact. Let’s work together to drive urgent action on climate and nature, whilst accelerating progress towards achieving the UN SDGs.