GIIF INVESMTMENT FUND
GIIF INVESMTNENT FUND
Investment Fund
The Fund’s primary objective is to catalyst the development of critical infrastructure in Ghana and at the same time to generate adequate financial returns to meet the shareholder’s objectives. To meet this key objective, GIIF will implement strategies that are vital to managing a profitable, diversified, and balanced set of investments. The Fund is targeting commercial returns on its investments. The acceptable level of return for an investment in a project will vary depending on the level of risk to the Fund’s capital that is determined during the due diligence phase. Doing so enables the Fund to grow and increase its investment activity, while also avoiding any distortive effects on the market.
Products & Terms
Products
The Fund is flexible in the instruments of financing it can use, from equity to debt and anything in between. This means it can offer innovative financing solutions for projects anywhere along the project life cycle (early Project Development through acquisitions, refinancing and exit), which is very useful in the Ghanaian/African environment, often characterized by limits on the different financing pools necessary for sustainable infrastructure financing.
Terms
The Fund applies market-based principles in setting the terms and conditions of each Financing, specifically pricing.
These terms and conditions consider the intrinsic commercial and macroeconomic risks of each Project, the cost of funds and the need to earn an appropriate return on the Fund’s capital.
Investment Focus
- Public or private infrastructure or infrastructure-related investments be it brownfield or greenfield that have received (or will receive prior to disbursement) the relevant approvals, permits, licenses and concessions from the relevant government agency
- Commercially viable infrastructure projects of state-owned enterprises will only be considered on an exceptional basis and in conjunction with the private sector;.
- Partnerships in infrastructure projects through strategic investment vehicles such as special purpose vehicles, joint venture or public-private partnership arrangements.
Transportation
e.g. fixed transportation infrastructure including toll roads, bridges, tunnels, light and heavy rail systems and railway equipment, airports (passengers and freight), ports and harbours, warehousing and bulk storage/handling facilities, which may include (but only as ancillary thereto) certain moveable assets.
Telecommunications, Media and ICT
e.g. the development and operation of (i) telephone services, cellular radio telephone services and other radio common carrier communications infrastructure, (ii) Internet and data provision infrastructure including fibre optic cables; (ii) telegraph, microwave and private communications networks, electronic mail and other emerging telecommunications technologies.
Power
e.g. the generation, transmission and/or distribution of electricity, including rural electrification.
Agribusiness
e.g. Infrastructure to support the establishment and development of Agribusiness in Ghana across the whole value chain including production, processing, distribution and marketing.
Heavy industry
e.g. the development of industrial parks special economic zones, manufacturing hubs, specialized industries for example fertilizer production, cement production and motor vehicle assembly.
Oil and Gas
e.g. Exploration, development, Distribution and Storage of oil and gas products including downstream gas development.
Mining and associated services
e.g. exploration and development of mining assets, distribution and processing of products and rehabilitation of used mines
Tourism
e.g. development and rehabilitation of tourism infrastructure including hotels, lodges, reservation and game parks.
Health
e.g. development of core medical infrastructure including hospitals and medical centres; capital intensive medical equipment and supporting infrastructures such as medical training schools
Education
e.g. schools at all levels (primary, secondary and tertiary), student and instructor accommodation, teacher training institutions, public research facilities
Administration and Security
e.g. Government offices, police stations and housing, courts, prisons, defence
Water/Waste Services
e.g. urban/rural fresh water production and treatment, supply and distribution, sanitation, solid waste disposal/collection and waste treatment, bulk water supply (water reservoirs, transfer schemes, dams and pipelines)
Social Housing
e.g. Housing projects for low income households, rural housing schemes, slum upgrading projects
Sports and cultural centres
e.g. Stadiums, leisure parks, public recreational facilities.
Portfolio
Our portfolio includes transport, energy, hospitality, and telecommunications assets, carefully selected to deliver commercial returns while catalyzing broader national development goals
US$ 25 million. Equity
Dual-hospitality project comprising 214 Keys hotel; and 145 serviced apartmen
US$ 30 million. Debt
The development of a new terminal at Kotoka International Airport (KIA) in Ac
US$ 30 million. Debt and Equity
First phase 31-MW power plant to be located at Atuabo. Converts flared gas in
US$ 32 million . Debt
New Multi product oil jetty capable of receiving vessels of up to 50,000 DWT<