Project finance vs corporate finance
Both structures raise debt for a project. The difference is where the debt sits, what the lender can claim, and how the loan is priced. Where the debt sits Corporate finance lends to the company. The lender relies on the company balance sheet, its existing cash flows and its broader asset base. Project finance lends […]
What DFIs look for in a project finance request
A DFI request is not a funding application in the usual sense. It is a structured proposal that has to survive commercial, technical, environmental and governance review at the same time. A clear development case DFIs exist to finance development. The proposal must explain the development impact in concrete terms: additional capacity, access, jobs, emissions […]
How concessional and blended finance works for East African projects
Concessional capital is not simply a cheaper loan. It is a different instrument, provided by lenders with a development mandate, and it behaves differently in a capital stack. What concessional capital is Concessional finance comes from development finance institutions, climate funds, guarantee providers and bilateral agencies. These lenders can accept longer tenors, lower pricing or […]