InfraCo Africa is an impact investment company which catalyzes private investment in infrastructure in sub-Saharan Africa in order to increase service provision for the poor, boost economic growth and alleviate poverty.
A donor-funded, private sector-managed company for developing pro-poor infrastructure projects in sub-Saharan Africa, InfraCo is financed by members of the Private Infrastructure Development Group (PIDG). PIDG is an organisation of donor countries and organisations that collectively support infrastructure development in the world's poorer countries through a variety of PIDG facilities (www.pidg.org). InfraCo is one such facility that seeks to fund and develop projects in sectors or geographies where the private sector would not otherwise work at such an early stage, seeking to exit its projects to private sector developers/financiers once project viability has been demonstrated, normally at or shortly before financial close. InfraCo will not compete directly with the private sector but seeks to mobilise private sector involvement by bearing the time and cost risk of front end project development, in order to mobilise private sector investment.