Who We Are
The Kenya Innovative Finance Facility for Water(KIFFWA) is a co-developer of water initiatives in Kenya.
KIFFWA mobilises new forms of finance for the Kenyan water sector. This is needed for two reasons. Firstly, the water challenges in Kenya are vast and secondly, there is a tremendous financing gap to address those challenges.
What We Do
KIFFWA provides early-stage capital and financial expertise to support the creation of viable water investment opportunities and attract (private) providers of finance.
KIFFWA invests in initiatives pertaining to all water sub-sectors, ranging from drinking water to desalination, (water) for infrastructure and (green) port development.
Within this range, our services include:
- Direct investments in the development phase of water initiatives
- Transaction advisory services
- Technical support
- Fundraising support
Our Clients
Lead Developers
KIFFWA supports Lead Developers who demonstrate a strong track record of project development and who have professional management and strong industry knowledge. KIFFWA works with clearly defined lead developers and does not work through intermediaries or brokers. KIFFWA typically finances a maximum of 50% of the development budget subject to a maximum of EUR 500,000.
How We Work
Investment Criteria
KIFFWA’s role is one of a co-developer: we support initiatives to reach financial close i.e. when all project and financing agreements have been signed and required conditions have been met.
KIFFWA takes high end risk to help project developers in an early stage. In order to be revolving, we seek to be a self-sufficient organization and therefore request a refund as soon as financial close is reached. This refund is in the form of a success fee, a debt, mezzanine or an equity stake in the initiative.