Support for Early Stage Project Analysis
SAMI’s was created to provide globally recognised in-house expertise and capital for infrastructure pre-feasibility screening, and to fully fund feasibility analysis of Sub-saharan Africa opportunities. Technical, financial, and management support gives life to projects at an early stage when concepts need validation and proof of commercial viability before they can attract downstream, investment and project finance. Professional certification processes ensures that projects will be supported and funded from the point when first qualified, to any later stage where project finance can be made available by fund managers, capital markets, or any other later stage source.
Africa requires US$57 trillion between now and 2030 to maintain growth and develop infrastructure. Combined estimates average about US$93 billion per year. No single source can provide the required financing.
Investment committees includes professionals who screen, manage, and prepare feasibility studies as part of their regular workflow. Every project presented is initially filtered through the IC process and given an internal first stage preview. This process helps to identify a very basic checklist of items that identify basic Fatal Flaws Analysis, feasibility study preparation, and project plans.
Projects that have been selected qualify for feasibility funding. Parties negotiate for an equity position in return for funding the feasibility process until a “Feasibility Report” becomes available. The actual feasibility document varies according to project type, funding needs, and timelines; therefore “completion” of feasibility requirements is normally determined during the planning stages.
Technical documentation is the basis for feasibility studies and are part of the requirements for project finance in later stages. Partners will normally purchase equity positions in a project at later stages when feasibility studies are nearing completion and are expected to participate in further project development work or project finance once the original investor exits.