devinitorg/iati-policy-markers huggingface dataset:
Helios Towers Africa Ltd The project entails an additional IFCs equity investment of up to US$35 million in Helios Towers Africa Limited (HTA or the Company) that acquires, builds and operates telecommunications towers and leases space on such towers to mobile operators in Sub-Saharan Africa (excluding Nigeria). The company is looking to finance its further expansion in existing and new markets in the region.  HTA was established in 2009 to provide GSM and fixed wireless operators in Africa with an economically viable and environmentally friendly alternative to in-house construction, maintenance and ownership of telecommunications towers. In June 2010, IFC made a US$25 million equity investment in the company. HTA currently operates in three countries  in Ghana, Tanzania and DRC. - Further Development of Telecommunications Industry: By expanding the coverage of tower networks, the Company will facilitate further increase in mobile penetration and industry competition which will lead to declined tariffs, improved quality of service and product innovations  - Expanded Access in Underserved and Rural Areas: One of the key elements of tower sharing model is the development of low-cost structures that accelerate the extension of telecommunications networks into rural and low income urban areas; the continuous success of Helios Towers Africa will have a demonstration effect to telecom operators in Africa and other developing countries  - Increase competition: The presence of Helios Towers Africa will allow smaller and newer wireless operators to benefit from reduced barriers to entry as they will have access to leased tower facilities rather than having to build their own. - Contributing to mitigating environmental impact and climate change: The underlying projects developed by the company will provide a cost effective opportunity to telecommunication operators, to reduce their carbon emission footprint by sharing infrastructure. A significant benefit of sharing tower infrastructure arises from the material, energy and emission savings that ensue from building only one tower instead of multiple towers.
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         The proposed project entails the provision of a 5-year Risk Sharing Facility (RSF or the Facility) in the amount of US$60 million to cover ten Bank of Africa (BOA) subsidiaries in IDA and FCS countries  namely Bank of Africa Burkina Faso, Bank of Africa Cote dIvoire, Bank of Africa RDC, Bank of Africa Ghana, Bank of Africa Madagascar, Bank of Africa Mali, Bank of Africa Niger, Bank of Africa Senegal, Bank of Africa Tanzania, and Bank of Africa Togo, together the Participating Affiliates (PAs) for a target portfolio of SME loans in the amount of up to US$120 million equivalent. 
          Under this project, IFC will be supporting the expansion of this regional banking groups SME lending across sub-Saharan Africa. The most significant expected project-level impact is derived from the expansion of access to finance for SMEs, including women owned SMEs and SMEs making climate related investments in 10 IDA and/or FCS countries. Increased access to finance for these underserved segments is expected to have positive economic and job creation impacts. Beyond the project, the main source of expected market impact is derived from the promotion of inclusiveness via the demonstration and capacity building channels.
Ciel Healthcare Ciel Healthcare Limited (CHL) will acquire and manage healthcare entities across Sub Saharan Africa (SSA) in association with Fortis Healthcare Limited (Fortis). CHL and Fortis have experience in directly and indirectly owning and managing two healthcare entities in SSA. CHL will acquire the entities and post-investment, the entities will be managed by CHLs wholly owned subsidiary Ciel East Africa Healthcare Limited (operating under the name Ciel Healthcare Africa (CHA)) which has a management support agreement with Fortis. Under the management contract, each healthcare entity will receive management level staffing support, operational support for processes and protocols, medical and paramedical staff and ongoing training of staff.  The purpose of the Project is to increase access to quality healthcare in SSA by helping to scale small healthcare entities that provide a majority of healthcare services in SSA. i)	Quality of healthcare: CHL will improve the quality of service provision, professionalise management and affect quality control systems in the SMEs it plans to acquire. ii)	Access to healthcare: CHL will increase access to secondary and tertiary healthcare in SSA by helping the managed entities to scale up capacity. Both geographic breadth and service provision of those entities are expected to significantly increase as a result.  iii) Affordability: As CHL consolidates SMEs, there a potential for economies of scale to be acheived. This could result in lower costs of operations, which is expected to translate into lower cost of healthcare for customers.  iii)	Demonstration effect: CHL will demonstrate the commercial viability of investing in and managing healthcare service providers which is expected to attract further capital to the sector.
TerraPay Project The proposed project is an investment of up to US$8.1 million in equity into TerraPay, an Africa focused B2B remittance processing hub for pre-funded small value (US$150) international money transfers. TerraPays focus is on delivering remittances to African mobile money operators and banks accounts. IFC investment will be part of a transaction by an investment consortium to acquire the company and fund its expansion. Project outcome: stakeholders:  IFC's investment will allow TerraPay to execute on its strategy to scale operations as a hub enabling interoperable, real-time, cross-border transactions between MTOs and mobile money operators. By providing pre-funding of mobile transfers as well as faster and cheaper clearing and settlement of international payments, TerraPay will remove a significant barrier for transfers to mobile money accounts, enabling instant payments across interoperable networks of operators.  By enabling the electronic low-cost transfer of funds, the Project will encourage a greater share of formal remittance payments and strengthen the link to financial inclusion by enabling recipients to access a wide range of financial and non-financial services through their mobile wallets.

Contribution to market creation: competitiveness: IFC anticipates that the Project will contribute to promoting systemic changes in the international remittances market in Sub-Saharan Africa, by lowering barriers to entrants for new MTOs, promoting price reduction through competition and by enabling a lower-cost model for remittance transfers directly into mobile money and bank accounts. The Project is aligned with World Bank engagements with regulators at the country and regional levels seeking to promote competition and modernize payment infrastructure to reduce frictions in international and regional remittance flows, and ultimately improve affordability of remittances. 

Contribution to market creation: integration: IFC anticipates that the Project will contribute to fostering the integration of service providers across international remittances channels, by enabling interoperability through the integration of data and financial flows facilitated by the platform.
Delonex Energy For the past decade, Sub Sahara Africa has been the focus of global exploration activity as it offers huge yet-to-be-found resources and it is believed some of the most prospective frontier basins in the world are in this continent, as exemplified by the recent large discoveries in Mozambique, Uganda and Tanzania.   Delonex Energy Limited (Delonex or the Company) seeks to build a portfolio of East and Central African assets with proven, undeveloped reserves and contingent and prospective resources which it will bring to the development stage.  The Company will target exploration-led opportunities in known petroleum systems, focusing mainly on two to three onshore/shallow water basins with common attributes and scalable to a material size.  The portfolio will be built up through acquisitions, farm-ins and direct awards from host governments.  The management team of Delonex is well advanced into pre-screening their first investments.  Material equity stakes and operatorship will be targeted and partnerships will be built to access markets and mitigate risks. The Project will also seek to set a team on the ground, based in Kenya, in order to establish local presence, identify contractors, local content partners and create relationships with all stakeholders. Compared to the West and North Africa regions, the East and Central Africa region remains underexplored for hydrocarbons and, despite recent major discoveries in Mozambique and Uganda, the region''s hydrocarbon potential remains largely untapped.  The work and success of Delonex will help further promote the development of the hydrocarbon sector and encourage further investments in the region.  Smaller companies, such as Delonex, tend to outperform the major oil companies on exploration success and new value creation.  It is expected that independents will continue to lead the way in opening new basins, as governments open up more acreage onshore.  Analysis shows that it is the companies that  are well capitalized, with the right management team, and the correct understanding of the political and social landscape that are best placed to make transformational discoveries.  By opening up new hydrocarbon discoveries in the region, Delonex will pave the way for the entry and broad participation of the large oil companies that bring with them the expertise and resources necessary to develop such new plays, thereby triggering economic activity for the region.  This will eventually bring about substantial revenues to host governments through royalties and profit taxes generated from oil production, direct and indirect local employment and skills development in the host economy.
Helios Investors IV, L.P. The proposed project consists of an equity investment of US$50 million in Helios Investors IV, L.P. (Helios IV or the Fund), a Cayman Islands exempted limited partnership targeting US$1.25 billion in third-party commitments. The Funds investment strategy is to make mid-to-large cap growth equity investments for significant minority and control positions in market-leading, diversified platform companies in Africa. Project Outcomes:
- Stakeholders - Access to growth capital for Fund investees: The Fund will provide access to growth capital by investing between US$30-200 million in at least five companies across Africa.
- Stakeholders - Increased investee growth: The Fund is expected to add value to its investee companies through a focus on operational value-add in four main areas: (a) leadership and organization; (b) strategy and execution; (c) operational excellence; and (d) governance.

Contribution to Market Creation:
- Competitiveness: The Project is expected to increase competitive pressures within the African PE market by demonstrating the viability of PE investments in a region which is suffering from a lack of investor confidence.
Regional MSME Investment Fund for Sub-Saharan Africa The Regional MSME Investment Fund for Sub-Saharan Africa (REGMIFA or the fund) is a proposed collective debt investment vehicle to support micro and small businesses in Sub-Saharan Africa. The objectives of REGMIFA are (i) to offer and encourage additional but market-based financing  with an emphasis on local currency  to financial entities serving micro and small businesses (microfinance institutions or MFIs; (ii) to help establish microfinance as an asset class with mainstream investors and leverage donor funds with private capital; and (iii) to support medium-term capacity building among financial entities serving micro and small businesses. REGMIFA will provide local currency debt financing to smaller banks, non-bank institutions and commercially oriented NGOs that serve small and micro businesses. A parallel TA facility will provide capacity building support to investees. The project is expected to contribute to employment creation and poverty reduction in Sub-Saharan Africa. Specifically, it will contribute to the development and growth of the microfinance sector in the region and enable better access to finance for an estimated 100,000 micro and small businesses over the next five years. The project will also contribute to the establishment of microfinance as an asset class, which will encourage further private sector financing being provided to the sector.
Veolia AMI Project Veolia AMI is a French holding company with water, wastewater and electricity operations exclusively in Africa, the Middle East and India (AMI). The largest operations are in Gabon and Morocco although Veolia AMI also has operations in other countries. Veolia AMI aims to broaden its portfolio of operations, and provide a range of services in the water sector to the Africa and Middle East regions and India, dealing with either the entire water system of a country or parts of it, including distribution services (either at the municipal or at the national level), operation and maintenance of water treatment plants (including desalination plants) and water reuse plants; and industrial outsourcing. When appropriate, Veolia AMI may also provide electricity services in conjunction with water services.   To further expand its portfolio of investments in the target regions, Veolia AMI will significantly increase its capital. Its parent company, Compagnie Generale des Eaux (CGE) is planning to inject a significant amount of equity in Veolia AMI, which will allow further expanding its portfolio of investments in the target regions. Veolia AMI has invited both IFC and another international financial institution (IFI) to provide equity, by capital increase. IFCs investment would be 25 million.  In addition to equity, Veolia AMI has asked IFC to assist one of its subsidiaries to raise debt financing and obtain credit enhancement with suppliers. In June 1997, Veolia AMI was awarded the concession for the production, transmission and distribution of electricity and water services in Gabon for a twenty year period, through a competitive tender. The concessionaire, SEEG (Société dEau et dElectricité du Gabon) is 51% owned and controlled by Veolia AMI. From the time of its privatization until present SEEG financed all of its investments with equity and cash flow from operations only. It is now negotiating a debt package with local banks. It hopes to secure the debt on a non-recourse basis but would need guarantees to extend the maturity from seven to ten years. It is therefore considering obtaining from IFC a partial credit guarantee to increase the tenor or the debt from seven years to ten years.
Osprey Project Osprey Oil & Gas Limited (Osprey) is a newly established Exploration and Production (E&P) company with a focus on oil and gas prospects in Africa. IFC will provide "seed" capital to cover the establishment and operational costs for one year. Osprey is willing to work with local partners thereby enabling local companies to benefit from the liberalization of the oil and gas sector. IFC''s early participation will also (i) assist the company in mobilizing much needed expansion capital, (ii) enhance the credibility of Osprey by helping it attract investors with high integrity, and (iii) add value in terms of best practices in the areas of environmental and social policy and corporate governance. The proposed IFC financing secures the right to 13.3% of the company''s equity with the option to participate in future transactions. The next stage of financing, in which IFC may or may not be involved, will include the acquisition and development of oil and gas assets.
GTLP Standard Bank of South Africa Limited The project is for IFC and funding partners (development finance institutions and international financial institutions) to provide trade financing of up to US$200 million to Standard Bank of South Africa Limited (SBSA) headquartered in South Africa, as part of IFCs Global Trade Liquidity Program (GTLP).  GTLP is part of IFCs multi-faceted global financial crisis response. It is a funded trade finance program of up to $8 billion that will be mobilized and disbursed in phases to provide IFC with a flexible platform from which to support the extension of funded trade financing to under-served clients globally. The proposed total IFC investment would be up to $2 billion, which will be match-funded with resources from other development finance institutions (DFIs) and international financial institutions (IFIs) as well as several international banks with an established footprint in emerging markets trade finance. The project is expected to have a significant development impact by increasing funding for trade of consumer goods, intermediate goods, smaller machinery and commodities demanded by emerging market enterprises.
Africell Project Founded in 2001, Africell Holding (Africell, the Company) is a mobile network operator (MNO) active in The Gambia, Sierra Leone, the Democratic Republic of Congo and Uganda.  The proceeds of this financing will go towards refinancing Africells several loans and credit lines into one facility, but also towards supporting the Companys capex program in its operating countries. The Project is expected to: 1) Improve availability and access to reliable and affordable communication services for consumers and businesses in The Gambia, Sierra Leone, the Democratic Republic of Congo and Uganda.  Through its proposed upgrade in its cellular network, Africell will offer superior quality and innovative services, including voice and data; 2) Increase competition, which is expected to grow mobile penetration in the four countries and lead to further declines in telephone tariffs, as well as product and service innovations; 3) Promote economic growth as there are direct and indirect links between increased and improved telecommunications services and GDP growth and poverty reduction; and 4) Create employment opportunities and facilitate transfer of know-how. Africell is fast establishing itself as an employer of choice for a large number of individuals in its operating countries.
GBfoods Africa table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }   The proposed investment consists of an IFC equity co-investment of up to $15 million   with Helios Investors III, LP (Helios) to support the formation of one of Africas largest Fast Moving Consumer Goods (FMCG) businesses (GBfoods Africa or the Company) through a joint venture with GBfoods S.A. The Company has acquired assets from different African companies including leading brands such as Jumbo (bouillon), Gino and Pomo (tomato paste), and Jago (milk powder and mayonnaise), as well as Bama (mayonnaise) distribution rights for Africa. This combination will result in a leading pan-African culinary products business with presence in over 30 African countries. 1) Increase in processing activity and value addition across the value chain: Consumer product companies in emerging markets are contributing to development across the value chain, by modernizing manufacturing and logistics services through increased processing activities;
2) Large-scale employment: The Company, on a combined basis, employs approximately 600 full-time employees and, with the projected organic growth, the Company will be substantially increasing this number by 2021;
3) Highly diversified reach: outside of the Company's core markets, the Company reaches to markets including Democratic Republic of Congo, Djibouti, DRC, Ethiopia, Gabon, Gambia, Liberia, Mali and Somalia, among others.  The Company intends to disseminate high quality food products at affordable prices to these states;
4) GBfoods' innovative pipeline of convenience products adds value to the African consumer by saving both money and cooking time versus the alternative of buying individual ingredients;
5) Promoting South / South investment: the proposed integration of brands and assets will form a unique business that encourages other local and multinational FMCG players to pursue investment opportunities across Sub-Saharan Africa;
6) Local farmers' linkage: the long-term backward integration plan is anticipated to reach local farmers across its supply chain.
Eastcastle Established in 2020, Eastcastle Infrastructure Limited (Eastcastle or the Company), is a new platform company that will own and operate shared telecom tower infrastructure in various countries across Sub Saharan Africa. The company intends to deploy 1,950 telecom towers across Nigeria, Cote dIvoire and the Democratic Republic of Congo
Airtel Africa The proposed investment comprises up to US$150 million from IFCs own account and up to US$44 million in mobilization from Managed Co-Lending Portfolio Program (MCPP) to support Airtel Africas network investment across 7 subsidiaries as well as refinancing its existing loans. The project component for Airtel Zambia is expected to be supported by the International Development Associations Private Sector Window Local Currency Facility (IDA-19 PSW LCF) as described in the Blended Finance Section. The Project is expected to increase access to quality mobile connectivity through the expansion of capacity and coverage of high-speed mobile network in target countries with gaps in access to quality mobile connectivity. These outcomes have the potential to result in enhanced GDP growth and employment in the target countries by enabling efficiencies, innovation and inclusion across their economies. The project is also expected to increase overall mobile market competitiveness by funding and thereby enabling further technological innovation or improvement in affordability of high-speed mobile Internet.
Africinvest Fund III LLC The project entails an IFC equity investment of EUR 18.0 million (approximately $24.8 million), not to exceed 20% of total commitments, in Africinvest Fund III (Africinvest III or the Fund), a 10 year closed-end fund seeking to raise EUR200 million in commitments. The Fund strategy will be to take advantage of the economic growth and integration taking place in Africa that creates ideal conditions for private equity investment. The Fund is expected to have significant development impact on its investees by: - providing them with risk capital and strategic advice in their growth and expansion plans; - implementing best practice Environmental, Social and Governance standards at both the Fund and investee company level.