Ensure security of asset and remunerative projects
Monopolistic/high barriers to entry
- Committed end-user (e.g. state utility in case of a IPP)
- Significant demand/supply gap (e.g. a road upgrade project between 2 high density cities)
- First mover advantage leading to high entry cost (e.g. if local sponsor has access to critical resource like land and permissions on which a project is developed)
Stable & secure opportunity
- Strong policy / government support
- Clear legal documentation
- Credit enhancement as required (e.g. ISPOs etc)
Value generation through life-cycle of investment
- Holistic value addition across project development (as applicable), project construction and project operation
- Value creation from Day-One (e.g. urban infrastructure)
- Addresses ability to develop, construct and operate on the ground in similar markets
Clear and quantifiable execution visibility
- “Realistic” resources evaluation (e.g. labour and equipment availability)
- Assessment of achievable efficiency in African context (e.g. dry/wet season evaluation, skills evaluation)
- Identified risks associated with project interfaces (e.g. sub-contractor performance, logistical dependencies such as access to port)