# Project and Infrastructure Finance

> Structure bankable infrastructure projects: risk allocation, financial modelling, funding sources and lender requirements.

- **Provider:** Afriskora Training Solutions
- **Category:** Project & Programme Management
- **Duration:** 5 days
- **Formats:** classroom (cities across Africa), live virtual (Zoom/Teams), in-house for teams
- **Certificate:** Afriskora Certificate of Completion, verifiable online
- **Booking:** request dates and a quote; invoice and EFT payment
- **Web page:** https://afriskora.co.za/courses/project-management/project-and-infrastructure-finance
- **Request dates:** https://afriskora.co.za/request-training?course=project-and-infrastructure-finance

## Overview

Africa's infrastructure gap is measured in hundreds of billions of dollars, and closing it depends on bankable projects. This course explains how project finance works: special purpose vehicles, risk allocation, financial modelling, debt sizing, blended finance from development finance institutions, and the due diligence lenders require. Case studies include renewable energy IPPs and toll roads.

## Who should attend

- Project developers and sponsors
- Bankers and DFI investment officers
- Government PPP and infrastructure units
- Lawyers and advisers on infrastructure deals

## Learning outcomes

- Explain project finance structures and participants
- Identify and allocate project risks
- Build and interpret a project finance model
- Size debt using cover ratios
- Access DFI, blended and climate finance

## Course outline

### Day 1: Project finance basics

- Corporate versus project finance
- The SPV and its contracts
- Project participants
- Bankability

### Day 2: Risk allocation

- Construction and completion risk
- Market and offtake risk
- Political and currency risk
- Insurance and guarantees

### Day 3: Financial modelling

- Model structure
- Debt sizing and DSCR
- Equity returns
- Sensitivities

### Day 4: Funding sources

- Commercial banks and bonds
- DFIs and blended finance
- Climate finance
- Local currency funding

### Day 5: Closing the deal

- Due diligence
- Term sheets and conditions precedent
- Financial close
- IPP case study