Our business

One group, multiple solutions.

We offer a range of solutions that span the infrastructure project lifecycle, from early-stage incubation and development, to credit solutions that bridge gaps in local capital markets.

Working throughout the project lifecycle, we de-risk projects, transform markets and build local capacity, creating a deep and lasting impact.

Since our founding in 2002, we have deployed $1.9 billion in official development assistance, which has been deployed and recycled into $5.2 billion in investment commitments. These have led to $40 billion in investment in PIDG projects, with almost half of that amount coming from the private sector. 211 of our projects have reached financial close. In total, approximately 223 million people in 40 countries have or are expected to gain access to new or improved infrastructure as a result of our work.

Safety for all involved in our work, gender equality and climate considerations are at the very core of what we do.

PIDG in numbers between 2002 and 2022:

211

delivered accessible, reliable and sustainable infrastructure across 211 projects

247,000

long-term jobs created

222m

people will have access to new or improved infrastructure

How we operate

PIDG operates along the project life cycle and across the capital structure, to help projects overcome financial, technical or environmental challenges, creating investment-ready, bankable infrastructure opportunities.

Learn more about our companies

PIDG Technical Assistance:

We deploy technical assistance for upstream and early stage activities, feasibility and project incubation.
We are evolving our concessional capital offer to include concessional equity, building on our established viability gap funding – to plug gaps between commercial viability and affordability of infrastructure.
We continue to use concessional capital to enhance the impact of infrastructure, using (returnable) grants to prove the viability of innovations that promote positive gender, inclusion, climate and nature outcomes and to build markets with targeted capacity building through PIDG Institute, our infrastructure learning initiative.

PIDG Development Arm:

We provide catalytic leadership capital to share the risks of early-stage project development with competent sponsors.
We invest equity in projects and companies at early and later stages.
We have in-house asset management capability to ensure projects move smoothly through construction into operation.
We have a high ambition to scale up this work building on the track record of our InfraCos.

PIDG Credit Solutions:

PIDG long-term debt fund Emerging Africa Infrastructure Fund (EAIF) is one of the first and most successful blended finance funds globally. For over 20 years, it has attracted and deployed commercial and development finance capital in highly developmental infrastructure in Africa, predominantly in Least Developed Countries. The fund is expanding to Asia to complete PIDG’s offer in both regions.
PIDG guarantee arm GuarantCo provides credit enhancement and local currency solutions to unlock international and domestic institutional investors in infrastructure and develop local capital markets. Through its products, GuarantCo de-risks projects to make them bankable, extends tenors to meet the real infrastructure financing need and enables landmark green bonds.
PIDG Credit Enhancement Facilities. We set up local guarantee facilities in partnership with local stakeholders and investors to unlock domestic capital for infrastructure financing. Building on the experience of InfraCredit Nigeria, InfraZamin Pakistan and the East Africa Credit Enhancement Facility, we aim to set up 10 facilities in the next 10 years. We coordinate feasibility assessment, incubation, set up and management support for the new facilities and we co-invest through our range of solutions.

Where we operate

We operate at the frontier where other organisations cannot or will not yet go. We focus on frontier markets, with our focus on sub-Saharan Africa and south and south east Asia.

We work to overcome the multiple challenges and market failures that prevent the deployment of infrastructure services in Sub-Saharan Africa and South-East Asia.

We have always worked in spaces that receive little or no attention – a large proportion of our activities take place beyond the comfort zone of most infrastructure investors. Out of the more than 200 projects that have reached financial close, more than 50% are in Fragile or Conflict-Affected States, and more than 50% are in the poorest Least Developed Countries.