Principal Advisers to GuarantCo:

 

 

 

www.frontiermarketsfm.com
Frontier Markets Fund Managers (“FMFM”) (formerly known as Emerging Africa Advisers), are the principal advisers to GuarantCo.  Any queries relating to the GuarantCo should be addressed to them in the first instance (see Contact). 

 

Manager of GuarantCo:

Frontier Markets Fund Managers Limited (“FMFML”) is the manager and supplier of support services to GuarantCo.  Its shareholders are Standard Bank Group (as the lead sponsor) and FMO of the Netherlands and Emerging Markets Partnership (“EMP”) of the USA (as joint venture partners).

     
www.standardbank.com www.fmo.nl/  http://www.empwdc.com/

 

GuarantCo's Sponsors:

 

 

www.pidg.org/
EAIF was initiated by the Private Infrastructure Development Group (“PIDG”), whose founding members are the UK Government’s Department for International Development (“DFID”), the Netherlands Ministry of Foreign Affairs (“DGIS”), the Swiss State Secretariat for Economic Affairs (“SECO”), the Swedish International Development Coorporation Agency (“SIDA”), the International Finance Corporation ("IFC")/World Bank, the Austrian Development Agency ("ADA") and the Irish Aid..  These PIDG members provide equity totalling US$ 133.5 million to EAIF and $73 million to GuarantCo through the PIDG Trust.

 

 

 

 

www.dfid.gov.uk/
DFID is the UK Government’s Department for International Development and has acted as the main sponsor of the Fund’s equity having fully underwritten and committed to the initial USD100 million.

DFID has been joined by a grouping of other European based government donor agencies (from Sweden, the Netherlands, and Switzerland) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial USD100 million of equity with the potential to increase this equity commitment at a later stage so offering the potential for the Fund to grow.

 

www.minbuza.nl/en/home
DGIS is the Dutch Ministry of Foreign Affairs.  DGIS has been joined by a grouping of other European based government donor agencies (from UK, Sweden, and Switzerland) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial US$ 100 million of equity.

 

 

www.seco.admin.ch/index.html?lang=en
SECO is the Swiss State Secretariat for Economic Affairs.  SECO have been joined by a grouping of other European based government donor agencies (from UK, Sweden, and the Netherlands) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial USD100 million of equity.

 

www.sida.se/?d=121&language=en_UK
SIDA is the Swedish International Development Coorperation Agency.  SIDA has been joined by a grouping of other European based government donor agencies (from UK, Switzerland, and the Netherlands) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial USD100 million of equity.

 

 

IFC is a member of the World Bank Group.  IFC has been joined by a grouping of other European based government donor agencies (from UK, Switzerland, and the Netherlands) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial USD100 million of equity.

 

 

 

Austrian Development  Agency (ADA) is the Operational Unit of the Austrian Development Cooperation (ADC). It is incharge of implementing all bilateral programmes and projects in ADC's partner countries and administers the budget earmarked for this. ADA has been joined by a grouping of other European based government donor agencies (from UK, Switzerland, and the Netherlands) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial USD100 million of equity.

 

 

 

Irish Aid is the Government of Ireland's programme of assistance to developing countries.

Irish Aid has been joined by a grouping of other European based government donor agencies (from UK, Switzerland, and the Netherlands) combining through the Private Infrastructure Development Group ("PIDG") to jointly provide the initial USD100 million of equity.

 

GuarantCo's Shareholders:

 

GuarantCo's shares are held by the PIDG Trust and by FMO.

 

 

 
 

Other PIDG links:

 

www.emergingafricafund.com
The Emerging Africa Infrastructure Fund (“EAIF”) is a Public Private Partnership able to provide long-term USD or EUR denominated debt or mezzanine finance on commercial terms to finance the construction and development of private infrastructure in 45 countries across sub-Saharan Africa. EAIF is able to provide between US$ 10 million to US$ 36.5 million (or its equivalent in EUR) to projects across a wide range of sectors including telecoms, transport, water and power amongst others.

 

 

www.infraco.com
InfraCo aims to stimulate greater private investment in African and Asian infrastructure development by acting as a principal project developer.  They are able to take the earliest and highest risks in the development of infrastructure transactions, with the aim of selling them to investors once a full development process has been completed.  Their involvement is designed to catalyze new investment in water, power, transport and other related sectors.