Course Overview
The Africa Infrapreneurs Programme is designed for aspiring Infraprenuers seeking to improve their project finance knowledge and are involved in the Large Scale Infrastructure Projects.
Dates and Mode of Delivery
June 26 to July 1 2023
Lagos, Nigeria
One Week Action Learning (Hybrid)
Key Benefits and Learning Outcomes

Understand Limited Resourse Financing
Understand the fundamentals of Limited Resource Finance based developments for the Private and Public Sector Projects.

Making Projects Bankable
Appreciate how the mechanisms in making project bankable to protect the creditors and become investable.

Project Risk Analysis
Understand how to analyse and interpret each of the risks to determine their severity and potential impact on the transaction structure.
Course Outline
Introduction
- Overview of Project Finance
- Climate Considerations in Project Selection
- Principles of Risk Allocation
- Climate Considerations on Risk Allocation
Contract Mechanics in Project Finance
- Concept of Guarantee
- The Importance of Guarantees in PF
Case Study Review & Discussion
Understanding Project Development
Introduction to Project Development
Project Development Stages
Types of Project Finance Deals
Early Development Stage
Competitive Tendered Projects
Un-solicitated Proposals to Government
Post Signing Issues in Early Development Stage
Introduction Pre-Financing Stage
Introduction to Pre-Financing Stage
Importance of Finance Model Development
Key Financing Concepts for Infrapreneurs
Achieving Bankability: Predictable Cashflow
Understanding Predictable Cashflow and Offtake Agreements
Key Provision in Offtake Agreements
Key Provisions in Concession Agreements
Risk Management in Offtake and Concession Agreements
Case Study Review & Discussion
Achieving Bankability : Fixed Construction Delivery
Understanding Fixed Construction Delivery
Construction Life Cycle
Construction Arrangements
Risk Management in Construction Arrangement
Achieving Bankability : Governance, Operations & Sustainability
Understanding Sustainable Operations & Environmental Compliance
Project Governance using Shareholder Agreements
Resource Supply Arrangements
Operations & Maintenance
Environmental Impact Assessment
Introduction to Environment Social and Governance
Sustainability Project Financing and UN SD Goals"
Case Study Review & Discussion
Assignment: Developing Infrastructure Bankability Structuring Report
Key Concepts in Financing
Key Concepts in Financing,
Sources of Financing
Measuring the Borrowing Capacity of a Project
Application of Financial Models
Case Study Review & Discussion
Infraprenuers Guide to Understanding Project Finance Models
Application of Financial Models:
Understanding the Role of Financial Models
Use of Financial Model by Sponsors
Use of Financial Model for Preliminary Due Diligence
Use of the Model for Negotiations
Use of the Model for Monitoring and Performance
Case Study Review & Discussion
Key Concepts in Finance Documents
Introduction to Core Finance Agreements (i.e CTA , ILFA and AMA)
Understanding the Project Finance Loan Agreement (CTA and ILFA)
Core Terms in CTA and ILFA
Conditions Precedent
Disbursement and Repayment Terms
Representations and Warranties
Covenants
Events of Default (EOD)
Support Agreements to Project Finance Loans
Introduction to Other Finance Agreements ( i.e. ESA , AA and Agency Agreements)
Agency Roles in Loan Agreements (lnter-creditor Agent and Security Trustee)
Introduction to Security Arrangements
Introduction to Direct Agreements
Credit Enhancements Private Parties
Case Study Review & Discussion
Infrapreneurial Guide to Capital Raising
Key Documentation in Capital Raising
Soft Skills in Capital Raising
Managing Due-Diligence & CPs
Post-Financial Close Activities
Introduction to Post Financial Close
Financial Close to Draw Down
Key Limiting Factors to Draw down
EPC Contract Monitoring
Roles of the construction manager/owners representative
Managing Transaction
Project Commissioning
Key Pre-Operating Activities
Refinancing & Default Management
Conclusion of the Course
Ready to find out more?
Early Bird Registration Ongoing!
Supporting Partners
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Past Participants
in our Programmes
The following companies have participated on previously called Project Finance Fundamentals for Infraprenuers, provided by our Technical Partner (Brickstone Africa)
Testimonia















Course Leader
Femi Awofala
Course Leader
Femi Awofala is the Founder/CEO of Brickstone Africa, a Project Accelerator firm with strong competence in early stage project development and advisory for large industrial and infrastructure projects. See more at www.brickstone.africa
Femi has over 20 years experience advising Companies and Governments on Large Scale private Infrastructure investments and has lead teams in executing project/structured financings in Industrial and Infrastructure space in Africa. Femi was a Vice President at Travant Capital (now Alpha African Advisory), a private equity and investment advisory firm which raised and partially deployed a US$107m private equity fund. Femi was also an investment banking lead with Vetiva Capital Management Limited and ARM Investment Mangers where he lead teams on the advisory, structuring and management of more than $1 billion in public and private offerings of debt/quasi-equity/equity and mergers and acquisitions (M&A) transactions for corporations and governments in Nigeria for over 7 years.
Prior to joining Vetiva Capital Management Limited, he was at the ARM Investment Mangers and was part of the private equity real estate team and he was responsible for managing due diligence activities, structuring and coordinating of potential investments and financings among co-investors.
Mr. Awofala has an MBA from the Lagos Business School, Pan–Atlantic University, Lagos. He was lately the Facilitator and Head, Mining & Manufacturing Policy Commission of the Nigeria Economic Summit Group (NESG).
Registration Information

Registration Information