- Development of pre-feasibility studies
- Development of feasibility studies
- Project financial structuring
- Matchmaking with investors and funders
Kenya Innovative Finance Facility for Water (KIFFWA) offers early-stage, risk-tolerant, catalytic and patient capital to innovation-driven projects and high-growth companies in the water sector. Alongside this investment, it provides extensive technical, financial and legal expertise from the point of onboarding to the point of exit. This assistance encompasses concept development, business model improvement, legal structuring and transaction support during negotiations with other investors.
KIFFWA funds/supports the following:
- Capital Expenditure
- Legal Advisory Services
- Project Management Costs
- Securing of Easements / Wayleaves
- Execution of Commercial Agreements
- Procurement of EPC and O&M Contractors
- Obtention of permits, licenses and other approvals
- Completion and Update of Technical Studies
- Financial Advisory Services including Transaction Advisory and Fund Raising
Initiatives are identified at idea/concept stage. The overall criteria for an initiative to become part of the intake procedure include having or promoting:
- Positive Environmental Impact
- Positive Social Impact
- Financial Viability
- Technology Transfer
- Strong Lead Developer
- Sound Governance
Furthermore, initiatives should be bankable and of scale (with a size of at least EUR 2 million in total project costs). The lead developer should be a reputable person or entity with a strong track record of project development and/or management and to have invested or demonstrate skin in the project.