Executive Summary
Hydropower represents one of Africa’s greatest opportunities for clean and reliable energy, yet less than 11% of its 350 GW potential has been developed. Despite strong prospects, most projects struggle to reach financial close due to weak governance, unbankable structures, and inadequate early-stage preparation.
This research outlines key factors for achieving bankability, the ability to attract sustainable investment through Brickstone’s three pillars:
- Predictable Cashflow via long-term Power Purchase Agreements (PPAs), creditworthy off-takers, and balanced tariff frameworks.
- Construction and Operations supported by experienced EPC contractors, cost control, and strong operations and maintenance systems.
- Governance & Sustainability through transparent regulation, environmental and social compliance, and credible institutional oversight.
The Baynes Hydropower Project between Angola and Namibia serves as a case study, showcasing how structured governance, sovereign-backed PPAs, and risk mitigation can enhance investor confidence.
Ultimately, achieving bankability for hydropower in Africa requires early de-risking, policy stability, and capacity building. When technical, financial, and governance factors align, hydropower can drive Africa’s sustainable energy transition and long-term economic growth.
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Learn More about YALIF
The Young African Leaders in Infrastructure Fellowship (YALIF), developed by The African Catalyst, is an 8-week initiative aimed at empowering young leaders to address critical infrastructure gaps across Africa. Targeting professionals aged 22 to 40, the program provides a blend of theoretical knowledge and practical applications through live sessions, project-based learning, and case studies. Participants will explore key topics, including early-stage infrastructure development, financing strategies, sustainability, and risk allocation, ensuring a comprehensive understanding of the infrastructure project lifecycle.
YALIF not only develops individual skills but also positions graduates to influence Africa's infrastructure sector through transformative projects and innovative solutions. By bridging the gap between education and employment, the fellowship prepares its participants for roles in project finance, development consultancy, and governmental planning agencies. Ultimately, YALIF focuses on cultivating a new generation of leaders equipped to tackle the continent's infrastructure challenges while driving sustainable development.
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APPLICATION OPENS JANUARY 2025
YALIF Fellow Profile
Ola-Jacobs Ipimoroti
Ola-Jacobs is an architect and sustainability expert committed to shaping green, resilient, and inclusive urban environments. With experience in affordable housing, digital twin technologies, and smart planning, I bridge design innovation and sustainability to deliver impactful real estate solutions. At The Affordable Housing Company Ltd, I contribute to accessible housing projects, including the award-winning 100-unit development in Abuja. As an IFC EDGE Expert, I champion energy-efficient, climate-friendly building practices across Africa. Always open to collaboration and opportunities in sustainable development.
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Olufunmilola Folawole
Olufunmilola is a first-class Law graduate from Afe Babalola University with a growing passion for the intersection of law, finance, and infrastructure development.
Her career so far reflects a strong foundation in legal analysis, project structuring, and commercial awareness, all of which I aim to apply toward building sustainable solutions for Africa’s infrastructure and economic growth.
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