Hygrid Africa leverages experience, resources and expertise to unlock capital for projects among others, on the following major sectors:

  • Renewable Energy
  • Infrastructure;
  • Manufacturing;
  • Agribusiness;
  • Financial Inclusion
  • Housing
  • ICT Industry
  • Hospitality/Tourism
  • Trade Finance

Our responsibility:

Our responsibility in the capacity of corporate finance is facilitating the sourcing of funds for the promoters. We will provide financial advice in accordance with International Business and Corporate Ethics. If the promoter requires us to perform any additional services, we would discuss this with the them and write to the promoters separately to agree on terms and conditions.

Promoters responsibilities:

The promoters are responsible for the provision of necessary documentations, coordination and management towards sourcing of funds; they will be involved in every step of the way and have full knowledge on all the stage of the deal. They will be expected to provide us with the following after signing of NDA:

  • Articles of Association
  • Certificate of Incorporation
  • Certificate of Share Capital
  • Board resolutions to borrow
  • 3 years financial statements
  • Latest Management Accounts
  • Company profile
  • Certificate of Registration
  • Tax Clearance Certificate
  • Directors statement of assets & liabilities
  • Cash flow statements
  • Security for the facility and any other documents that may be required

Fees

Our fee differs for each transaction and will depend on the complexity and expected work required on each transaction. We charge a Commitment Fee and Success Fee on each transaction that we decide to take on.

MANDATES FROM PROMOTERS



Sector Geographical scope Funding Requests
Mixed use Real estate Kenya Total amount US$20 million.
Real Estate Ghana Total amount US$40 million.
Manufacturing Tanzania Total amount US$5 million.
Hydro Project Kenya Total amount US$25 million.
Malawi Hybrid(Solar & hydro) project Malawi Total amount US$300 million.
Solar Project Kenya Total amount US$17 million.
FINTECH Zambia Total amount US$6 million.
Telecom and Data Zambia Total amount US$5 million.
Real Estate Ivory Coast Total amount US$57 million.
Waste Management Zambia Total amount US$5 million.
Trade Finance Ghana Total amount USD 20Million.

MANDATES FROM INVESTORS

We have mandates from an investor looking to provide financing to profitable Companies in Africa;
Please Contact us if you have deals that meet the requirements outlined below: 
  • Ticket Size: $2.mm to $50mm
  • Funding Offered:     Equity/Debt
  • Sector Focus: All sectors except mining, ammunition and gambling
  • Geographical Focus: Kenya, Uganda, Tanzania, Malawi, Ethiopia, Ghana, Zambia, Malawi, Mozambique, Madagascar and Mauritius
  • Transaction Requirements: Revenues > US$ 500K or positive EBITDA
  • Other Relevant Information: Not keen on start-ups companies, focus on operational SMEs. No greenfield projects. 

Our Energy investor is looking for projects with the following key data: 

  • PV project, 5 MW and larger. Sweet spot 10 MW to 50 MW, no rooftop or small scale.
  • Compelling business case, PPA term sheet or PPA in view.
  • Bankable offtaker for the power, can be utility, on grid or off-grid, commercial and industrial.
  • Usually not built yet, unless the project has issues which we could help fixing.
  • Project in development before EPC selection and construction, can be earlier also (we could step in early stage). 
  • Reliable, serious local partners, which do actively contribute and add real value. 
  • Countries of priority for us: Sub saharan countries, however open to others. 

For more information, please contact: kennedy@hygridafrica.com