Introductory Remarks on the Developing and Financing Infrastructure Projects.

Our facilitator, Femi Awofala, brought the world of Project Finance in infrastructure development to life, making it relatable and engaging.

With a diverse mix of participants joining us from around the globe, including notable companies like SIFAX Group, Leadway Assurance Company, and KHS Machine, the atmosphere was buzzing with enthusiasm.

The sessions were a comprehensive journey, touching on fundamental project finance concepts, risk allocation, Public-Private Partnerships (PPP), early development stages in infrastructure deals, and the crucial pre-financing stage. Not to forget, the insightful Brickstone Project Bankability framework, which illuminated the path to ensuring project success from ideation to completion.

We also explored real-world case studies, delving into the fascinating stories of the Mozal Aluminum Project and the Dabhol Power Project. To top it all off, participants were challenged with assignments and quizzes, putting their newfound knowledge to the test.

As we wrap up Day 1, our heartfelt thanks go out to the entire team, our dedicated facilitators, and our enthusiastic delegates for making AIP 2023 a truly fantastic experience this far.

Stay tuned for more exciting updates, and we can't wait to see you all back here tomorrow for another day of exploration and learning!

Overview of Project Finance, as a methodology designed by bankers to mobilize
Large Debt for Infrastructure Projects.

Our esteemed Course Director, Femi Awofala, Founder of Brickstone Africa and CEO of TheAfricanCatalyst has taken the stage to share his wealth of knowledge with our captive audience.

Today, he delves deep into the world of project finance, enlightening our participants about its intricate and essential concepts. From defining project finance to exploring its various facets, he covers topics like:

• What is project finance?
• Participants in a project finance deal
• Merits & demerits of project finance deals
• Principles of risk allocation
• The contractual nature of project finance
• Project finance development phases
• Types of financed projects

Join us for this enriching learning experience and gain valuable insights into the world of infrastructure entrepreneurship.

Mozal is a $1.4 billion, 250,000-ton, largescale aluminum smelter project in Mozambique

The sessions focus on the Early Development Stage, the first stage of the Projects Development Process.

After a refreshing tea break, Bunmi Folayan, a distinguished Private Sector Infrastructure Consultant, join us virtually. With expertise in the field, he provided valuable insights into the early development stage of project finance infrastructure deals.

During his engaging session, he covered a wide array of topics, including:

• An overview of Public Private Partnerships (PPP)
• The solicitation process through International Competitive Bidding (ICB) and its key activities
• The importance of private sector participation
• Conducting competitive bidding effectively
• The role of RFP (Bid Document Package)
• The meticulous process of Bidder Final Selection
• The significance of unsolicited proposals
• Considerations in signing PPP contracts

Join us as we continue to explore the intricate world of infrastructure entrepreneurship and project finance.