eleQtra is the principal developer of InfraCo Africa.
Through eleQtra’s management and now as its Principal Developer, InfraCo Africa acts as an ‘honest broker’ seeking to create viable infrastructure investment opportunities.
Private Infrastructure Development Group (PIDG)
InfraCo Africa is owned by the Private Infrastructure Development Group (PIDG). PIDG is a multi-donor member-managed organisation set up in 2002 to encourage private infrastructure investment in developing countries.
Current members include: the UK Department for International Development (DFID), the Swiss State Secretariat for Foreign Affairs (SECO), the Netherlands Ministry of Foreign Affairs (DGIS), the Swedish International Development Cooperation Agency (SIDA), IrishAid, and the World Bank.
Below are listed some of the other facilities within the PIDG Group.
Emerging Africa Infrastructure Fund (EAIF)
Is a $365 million debt fund. It makes long-term loans to private sector infrastructure developments in Sub-Saharan Africa. It is able to lend to greenfield ventures, privatised infrastructure companies, and for refurbishment/upgrades/expansion of capacity.
Many infrastructure projects, particularly at the municipal level, derive most of their revenues in local currency, making hard debt funding inappropriate. The PIDG established GuarantCo to mitigiate risks for local currency financing of infrastructure.
Technical Assistance Fund (TAF)
Provides funding to assist the EAIF, GuarantCo and InfraCo infrastructure investment opportunities in low income developing countries.
Global Partnership for Output Based Aid (GPOBA)
Aims to provide increased access to reliable basic services for the poor in developing countries. It will demonstrate and document Output-Based Aid (OBA) methods of supporting the sustainable delivery of basic services to those least able to afford them and to those currently without access.