FUTURE FINANCING
A-D Global Infrastructures Financing Initiatives for Sustainable Projects Development in Africa
Africa is considered one of the emerging and fast growing regions in the world both in terms of population and GDP. However, African countries are not a homogeneous group as they include both developed and developing economies and have different levels of infrastructure development. There are disparities in the quality and competitiveness of infrastructure among countries in virtually every sub-region.
Infrastructure is vital for the long-term growth and competitiveness of countries worldwide, particularly so in the emerging African economies. Adequate infrastructure is key to economic growth as well as social and environmental progress. Therefore, many African countries are facing constraints in developing and funding infrastructure projects. That could hinder their future prospects. This is one of the major roles of A-D Global in financing sustainable infrastructure projects in Africa.
Infrastructure Development Quality, Investment, and Competitiveness
A-D Global is positioned to be the market leader in infrastructure financing and projects development support.
A-D Global Funding Road map
A-D Global Funding process follows a well defined road map, which begins with a Potential Client’s letter of intent (LOI) or “Project Teaser”. The LOI or Teaser describes the major aspects of the Project details that needs funding, the Loan amount, and the proposed project location. This also must include the project Promoters, the Business legal formation status, a statement on the ability to procure the required Guarantees and the proposed anticipated repayment model. The LOI should also specify clearly the anticipated use of funds with details of the project promoters and their Partners.
Design and Engineering Process
For Projects that require fresh designs and engineering input, A-D Global can assist our clients in necessary drawings and project costings to determine what funds may be required to implement the Project. We do this with the agreement that the eventual Turnkey Contract is assigned to our EPC+F department exclusively. For other Civil and Engineering works that our Client might have, we expect such details be shared with our designing team to help eliminate any conflicts in Engineering design codes.
Funds Disbursements
This is the final procedure in the Road map of the funding plan. As a matter investment policy and practice, technical experts of A-D Global Consortium would usually undertake a review of the planned project’s Work Plan and Cash Flow to determine its functionality. These experts will also pre-inspect the project site’s preparations, approval of all necessary documents before the initial funds are disbursed in tranche to the Client’s designated account.
All subsequent loan tranches would be disbursed to the promoters following progress certifications by the technical inspectors. This is to ensure that the Client uses the funds for intended project phases before subsequent tranches are disbursed.