Project Financial Support
Africary identifies the most opportune projects and then prepare a business case and a financial model. Once a project exceeds our internal hurdle rate on returns, Africary will self-fund the project up to Bankable Feasibility Level using World Bank Standards and recognized industry leading service providers. After verification by an international independent auditors firm, Africary will select the investment partners and negotiate the equity and debt financing structures for each project. Africary has amassed a wealth of experience in procuring the resource, land and technology, water use rights, grid connection access; as well as all the permits, licenses and approvals required as a pre-requisite to achieving Financial Close, draw down of funds under the credit facility agreement, and commencement of construction.