AFRICA INFRASTRUCTURE DEVELOPMENT ASSOCIATION
Status: Completed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
The Africa Infrastructure Development Association (AFIDA) will be launched November 21st 2016. AFIDA will aim to be the voice of the private sector project developer community, complemented by financiers’ views, advance the interests of the industry and promote the overall effectiveness of the infrastructure sectors in Africa.
What is our funding objective?
One of the most significant bottlenecks in unlocking Africa’s infrastructure is the development of viable, bankable projects that meet the financiers’ bankability test. The aim of AFIDA is to strengthen the sector and ultimately increase the delivery of economically as well as social and environmentally sustainable projects in Africa.
Why do we fund this investment?
Setting up AFIDA will strengthen the infrastructure (including the energy sector) sector in Africa, which will contribute to positive sustainable economic development. It will also strengthen FMO’s relationship with AFC and other parties active in the infrastructure sector.
More investments
| Date | Total FMO financing |
|---|---|
| 12/18/2023 | EUR 0.04 MLN |
- Website customer/investment
- http://www.afida-africa.org
- Region
- Africa
- Country
- Africa
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 11/6/2017
- End date
- 1/30/2019
- Total FMO financing
- EUR 0.09 MLN
- Funding
- FMO NV