Infrastructure Development Collaboration Partnership Fund

Title Infrastructure Development Collaboration Partnership Fund
Funding Bracket Minimum and a maximum US$ 1,000,000
Facility Objectives

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.

Key activities
  • Funding of early stage opportunity analysis and project development.
  • Funding for specialized consultants to support IFC Advisory Services.
  • Partial underwriting of IFC risks associated with advisory mandates.

More information

Institution Details

Title Infrastructure Development Collaboration Partnership Fund
Person responsible Laurence Carter
E-mail, phone number and mailing address

IFC Advisory Services

Headquarters
2121 Pennsylvania Avenue
Washington, D.C. 20433
USA

Facility Objectives

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.

Facility URL www.pidg.org/what-we-do/companies/devco
Key activities
  • Funding of early stage opportunity analysis and project development.
  • Funding for specialized consultants to support IFC Advisory Services.
  • Partial underwriting of IFC risks associated with advisory mandates.
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Key data and facts

Hosted by IFC’s Public Private Partnerships Transactions Advisory Services Department
Contributors
  • IFC
  • DFID
  • Dutch Ministry for Foreign Affairs (DGIS)
  • Swedish International Agency for Cooperation and Development (Sida)
  • Austrian Development Agency (ADA)
Year established 2004
Total Capital US$ 74,450,000
Amount committed since established US$ 41,450,000
Amount disbursed since established US$ 40,200,000
Type of finance provided
  • Grant
Capacity for new commitments US$ 24,000,000
Funding Bracket Minimum and a maximum US$ 1,000,000
Funding bracket - Current Average Grant size US$ 690,000

Eligibility criteria and exclusions

Beneficiaries
  • Public
Project types
  • Cross-border
  • National
Regional Economic Communities (RECs)
  • CEN-SAD
  • COMESA
  • EAC
  • ECCAS
  • ECOWAS
  • IGAD
  • SADC
  • UMA
Countries
  • Algeria
  • Angola
  • Benin
  • Botswana
  • Burkina Faso
  • Burundi
  • Cameroon
  • Cape Verde
  • Central African Republic
  • Chad
  • Comoros
  • Congo-Brazzaville
  • Côte d'Ivoire
  • Democratic Republic of Congo
  • Djibouti
  • Egypt
  • Equatorial Guinea
  • Eritrea
  • Ethiopia
  • Gabon
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Kenya
  • Lesotho
  • Liberia
  • Libya
  • Madagascar
  • Malawi
  • Mali
  • Mauritania
  • Mauritius
  • Morocco
  • Mozambique
  • Namibia
  • Niger
  • Nigeria
  • Rwanda
  • Senegal
  • Seychelles
  • Sierra Leone
  • Somalia
  • South Africa
  • Sudan
  • Swaziland
  • São Tomé & Príncipe
  • Tanzania
  • Togo
  • Tunisia
  • Uganda
  • Zambia
  • Zimbabwe
Energy
  • Biomass
  • Electrical transmission/distribution
  • Gas distribution
  • Gas-fired power plants
  • Geothermal energy
  • Hydro-electric power plants
  • Ocean power
  • Oil-fired power plants
  • Power generation/non-renewable sources
  • Power generation/renewable sources
  • Solar energy
  • Wind power
Transport
  • Air transport
  • Rail transport
  • Road transport
  • Storage
  • Water transport
Water & Sanitation
  • Basic drinking water supply and basic sanitation
  • River development
  • Waste management/disposal
  • Water supply and sanitation - large systems
Eligibility exclusions

• DevCo funds are only available to support projects where IFC Advisory Services is the lead financial advisor. Provision of grant is therefore linked to this route.
• DevCo has a global focus but only supports countries from the first three columns of Part1 of the DAC list of aid recipients.

Supported project phases

Project definition
  • Action planning (TORs, etc.)
  • Identification of desired outputs
  • Identification of project champions
  • Pre-feasibility studies
  • Prioritization vs. other projects
Project feasibility
  • Economic
  • Environmental studies
  • Financial/financial modelling
  • Organizational/administrative
  • Social
  • Technical/engineering
Project structuring
  • Legal structuring
  • Project finance
  • Public/private options assessment
  • Technical/engineering
Transaction support
  • Legal structuring
  • Negotiation
  • Post-signing financial agreements
  • Procurement
  • Project finance
  • Technical/engineering

List of Projects

Project name:
Total project cost
Region/country
Private-sector participation in the power sector
US$ 1,260,000
Liberia
Project name:
Total project cost
Region/country
Small towns water programme
US$ 1,310,000
Uganda
Project name:
Total project cost
Region/country
Cotonou Port concession
US$ 1,200,000
Benin
Project name:
Total project cost
Region/country
Concession of the New Cairo wastewater project
US$ 1,000,000
Egypt
Project name:
Total project cost
Region/country
Privatisation of Telkom Kenya Ltd
US$ 1,000,000
Kenya
Project name:
Total project cost
Region/country
Divestment of Kenyan Government’s share of SafariCom
US$ 250,000
Kenya
Project name:
Total project cost
Region/country
Development of the Moatize Coal Mine
US$ 320,000
Mozambique
Project name:
Total project cost
Region/country
PPP for the Port of Tamatave
US$ 800,000
Madagascar
Projects supported since Facility established (Total number) 62
Projects supported reaching financial close since Facility established (Total number) 20

Application process

Application process

The process begins with the government office which is seeking support through contacting IFC Advisory Services. IFC Advisory Services will then, if deem-ed appropriate, complete and submit the required application form to DevCo. Once the application for DevCo funding has been submitted by IFC Advisory Services to the relevant donors for review, they have ten days to review it. If no objection is received, the application for funding is approved. Applications are accepted all year round.

Application Documents

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