Infrastructure Financing Trends in Africa - ICA Report 2012
Survey
Private Sector Risk Perception
for the
Infrastructure Financing Trends in Africa - ICA Report 2012
Please submit by: July 26, 2013
Every year since its inception in 2005, the Infrastructure Consortium for Africa (ICA) has produced an annual report
documenting financial trends in African infrastructure. In previous years, the report has been substantially based on
data and perspectives provided by public sector participants in Africa’s infrastructure development. This year’s report
aims to include, for the first time, perspectives from private sector stakeholders in African infrastructure, including
investors, developers, financiers, contractors and operators.
The purpose of this survey is to ask private sector participants for their views, particularly on the challenges facing
developers and investors raising finance and taking projects through the early stages of development.
The aim is to produce a comprehensive and analytic knowledge product, “Infrastructure Financing Trends in Africa –
ICA Report 2012”, which proves a useful and practical tool for all stakeholders in Africa’s infrastructure.
Cross-border Information is acting on behalf of the ICA to collect information through this survey about private sector
perceptions of investing in infrastructure in Africa.
The survey seeks to structure and analyse:




key risks to be mitigated when putting together a financial package;
the main causes of delays implementing projects;
primary considerations when locating a project, and
reasons for bottlenecks in project preparation.
Please note that information from this survey will be used and displayed only in an aggregated form or used
anonymously. Individual responses will remain confidential.
If you are unable to answer a question for reasons of confidentiality or if a question is not applicable to your
organisation please simply leave it blank and move on to the next question.
To avoid delays in the production of the report, we request that you return the completed survey by July 26, 2013 to
Mark Ford (ica@cbi-research.com)
Your time and consideration are greatly appreciated.
Deadline: July 26, 2013
Contact: Cross-border Information: Mark Ford (ica@cbi-research.com) Tel: +44 1424 721667
ICA Report 2012 – Survey
Infrastructure Financing Trends in Africa - ICA Report 2012
CONTACT INFORMATION
Organisation:
Type of organisation:
Active in sector(s)
(energy, water,
transport, ICT):
Name and title of
contact:
Date of response:
Contact telephone:
Contact e-mail:
1.
FINANCING INFRASTRUCTURE PROJECTS IN AFRICA

What are the main considerations your company takes into account when deciding to invest in an infrastructure
project in Africa? Please list in order of importance.
Ranking
Consideration
Relevant for sector(s)
1
2
3
4
5

What are the risks which must be mitigated in order to secure financing for an infrastructure project in Africa?
Please list in order of importance.
Ranking
Risk
1
2
3
4
5
ICA Report 2012 – Survey
Relevant for sector(s)
Infrastructure Financing Trends in Africa - ICA Report 2012
ICA Report 2012 – Survey
Infrastructure Financing Trends in Africa - ICA Report 2012

What measures has your company used in previous projects, if any, to mitigate these risks?
Risk

Measures to mitigate factor impact
Which five African countries do you consider to be the most attractive for investing in infrastructure? Please list in
order of attractiveness.
Ranking
Country
Reason
1
2
3
4
5
2.
PROJECT PREPARATION RISKS

Please rank each of the following stages of project preparation in terms of the challenge they pose to
implementing infrastructure projects, where 6 is extremely challenging and 1 is not at all challenging.
Project preparation process
Ranking from 1 to 6
Project identification and concept development
Establishing the enabling environment (identifying legal/regulatory/institutional and other
impediments and removing them)
Due diligence
Project structuring
Marketing
Transacting

Please rank each of the following stages of project preparation in terms of the ease of organising finance, where
6 is extremely difficult and 1 is not at all difficult.
Project preparation process
Project identification and concept development
Establishing the enabling environment
Due diligence
Project structuring
Marketing
ICA Report 2012 – Survey
Ranking from 1 to 6
Infrastructure Financing Trends in Africa - ICA Report 2012
Transacting
What in your view is the single most important factor causing bottlenecks in project preparation?
3.

MARKET TRENDS
Please indicate the number (or assign proportions if preferable) of contracts won by your company through a
competitive tendering process during the calendar year of 2012. To avoid double counting please do not include
contracts awarded by your company.
Number or proportion of contracts
Competitive tender
Other

Please indicate whether your company has used project finance, corporate finance or donor finance to fund
infrastructure projects in Africa in the past. Please provide a brief explanation of why finance was structured in
that way and whether your company would consider other methods for future projects.
Explanation
Project finance
Corporate finance
Donor finance
What in your view is the single greatest challenge facing private sector participants in African infrastructure projects?
In the final two questions please delete the italicised words as appropriate:
From 2011 to 2012, your firm saw an increase/a decrease/no change in its revenue from African infrastructure
projects.
Over the next five years your firm intends to increase / decrease / keep the same the size of its portfolio of
investments in African infrastructure projects.
End of Survey
ICA Report 2012 – Survey