Top NotchAdvisory
Pan-African Infrastructure Advisory

Structuring transformative infrastructure,engineered for sovereign bankability.

We partner with sovereign sponsors, multilateral development banks and corporate champions to originate, prepare and structure utility-scale clean energy, transport concessions and industrial projects across Africa.

$1.48B+
Pipeline advised
380+MW
Clean energy capacity
8Desks
Sovereign corridors
100%
IFC bankability record
SAPP Regional Grid Pool8.42¢ / kWh+1.4%
EAPP Interconnector50.02 HzStable
Article 6.4 Carbon$14.80 / tCO₂e+3.2%
AfCFTA PAPSS SettlementUSD · KES · ZAR · NGN
Menengai Wellhead142.4 barOptimal
IFC Performance Standards100% Clearance
Equator Principles IVCategory A / B
Sovereign PPA Horizon25 – 35 Years
SAPP Regional Grid Pool8.42¢ / kWh+1.4%
EAPP Interconnector50.02 HzStable
Article 6.4 Carbon$14.80 / tCO₂e+3.2%
AfCFTA PAPSS SettlementUSD · KES · ZAR · NGN
Menengai Wellhead142.4 barOptimal
IFC Performance Standards100% Clearance
Equator Principles IVCategory A / B
Sovereign PPA Horizon25 – 35 Years
Practice Architecture

Capabilities engineered for African infrastructure.

Our strategic advisory disciplines bridge the gap between ambitious project visions and the rigid bankability standards demanded by multilateral development institutions.

01Typical Concession Term: 20 – 35 Years

PPP & Concession Structuring

Public-Private Concessions & Sovereign Risk Allocation

We advise sovereign ministries, municipal authorities, and private concessionaires on structuring bankable Public-Private Partnerships (DBFO, BOT, BOOT) that survive regulatory shifts and protect baseline cash flows.

  • Concession agreement drafting & risk allocation matrix
  • Government Support Agreements (GSAs) & Letter of Support (LoS)
  • Tariff design, cost-reflective pricing & viability gap funding
  • Take-or-pay offtake risk mitigation & liquidity escrow reserves
Sovereign Guarantee & Concession Legal Clearance
02100% Multilateral Diligence Audit Clearance

Project Preparation & Bankability

IFC Performance Standards & Technical Diligence

We turn engineering blueprints into bankable project information memorandums (PIMs), conducting rigorous commercial stress tests and environmental/social diligence required by international lenders.

  • Pre-feasibility & bankable feasibility validation audits
  • IFC Performance Standards (PS 1-8) & Equator Principles alignment
  • Environmental & Social Impact Assessment (ESIA) oversight
  • Grid interconnect, geotechnical & land tenure title verification
IFC Environmental & Social Governance Protocols
03$1.48B+ Aggregate Mandate Value Advised

Blended Finance & Transaction Advisory

Multilateral DFI Mobilization & Tranche Structuring

We orchestrate multi-tiered transaction structures uniting sovereign development grants, multilateral concessionary loans, commercial project finance, and green bond debt instruments.

  • Multilateral DFI engagement (IFC, AfDB, Proparco, FMO, DFC, AFC)
  • Multi-tranche seniority modeling (senior, mezzanine, junior debt)
  • Green transition debt frameworks & Article 6 carbon monetization
  • Commercial bank term sheet optimization & financial close stewardship
Multilateral Credit Committee Alignment
04Active Across 8 African Sovereign Corridors

Sovereign Corridors & Strategy

Cross-Border AfCFTA Trade & Enterprise Expansion

We advise multinational conglomerates and regional infrastructure sponsors on navigating inter-governmental treaties, regional economic communities (EAC, ECOWAS, SADC), and cross-border offtake corridors.

  • Cross-border transport, transmission & pipeline corridor harmonization
  • AfCFTA regulatory compliance & customs clearance facilitation
  • Bilateral power purchase agreements (PPAs) across regional power pools
  • High-level sovereign stakeholder engagement & advisory protocol
AfCFTA & Regional Economic Community Protocols

Partner-led fiduciary mandates, under bilateral NDA from first contact.

Request capability statement
Active Infrastructure Pipeline

Curated mandate dossier.

Every asset in our advisory pipeline undergoes rigorous feasibility validation, IFC Performance Standards alignment, and sovereign risk structuring.

Menengai Geothermal Power Expansion
CG-003 · NakuruBaseload Renewable
Featured mandate
Menengai Geothermal Power Expansion
Rift Valley Corridor, Kenya
Total CapEx
$140,000,000
Structured
$112,000,000
Structuring progress80%
Concession
25-Year Sovereign PPA Framework
ESG Rating
Category A · High ESG Standard
Request the PIM
HDF Green Hydrogen & Captive Solar PV Plant
CG-004Open for Co-Investment
Green Hydrogen & Storage
Coast Region, Kenya

HDF Green Hydrogen & Captive Solar PV Plant

First-of-a-kind utility-scale green hydrogen and fuel-cell energy complex delivering continuous baseload power.

CapEx · USD
$110.0M
Structured
$55.0M
Structuring progress50%
National Affordable Housing Programme (PPP & Sukuk)
CG-005Late Stage / Final Tranche
Housing & Real Estate
Nairobi Metropolitan, Kenya

National Affordable Housing Programme (PPP & Sukuk)

Large-scale sustainable urban community structured via Public-Private Partnership and Islamic Sukuk bond financing.

CapEx · USD
$140.0M
Structured
$112.0M
Structuring progress80%
University Student Accommodation PPP Concession
CG-006Open for Co-Investment
Education Infrastructure
Nationwide Campuses, Kenya

University Student Accommodation PPP Concession

30-year design-build-finance-operate (DBFO) concession delivering modern student housing across major state universities.

CapEx · USD
$65.0M
Structured
$45.5M
Structuring progress70%
High Grand Falls Hydroelectric & Irrigation Multipurpose Dam
CG-008Open for Co-Investment
Water & Hydro Utilities
Tana River Basin, Kenya

High Grand Falls Hydroelectric & Irrigation Multipurpose Dam

Flagship multi-purpose water security and electricity asset transforming arid lowlands into productive agribusiness basins.

CapEx · USD
$350.0M
Structured
$175.0M
Structuring progress50%
National Fibre-Optic Terrestrial Network & Metro Rings
CG-009Late Stage / Final Tranche
Digital Infrastructure
47 Counties, Kenya

National Fibre-Optic Terrestrial Network & Metro Rings

Carrier-neutral high-capacity digital transit network powering cross-border cloud interconnection and telecommunications.

CapEx · USD
$48.0M
Structured
$36.0M
Structuring progress75%
Mombasa Port Multimodal Logistics & Berthing Modernisation
CG-010Open for Co-Investment
Ports & Maritime
Mombasa Seaport, Kenya

Mombasa Port Multimodal Logistics & Berthing Modernisation

Deepwater port cargo expansion reducing maritime vessel turnaround times for Northern Corridor trade.

CapEx · USD
$125.0M
Structured
$87.5M
Structuring progress70%
Naivasha Special Economic Zone & Logistics Inland Depot
CG-007Open for Co-Investment
Logistics & Industrial
Naivasha, Nakuru County

Naivasha Special Economic Zone & Logistics Inland Depot

Strategically positioned rail freight logistics park connecting Standard Gauge Railway (SGR) with East African regional transit corridors.

CapEx · USD
$90.0M
Structured
$63.0M
Structuring progress70%
Saigeri Solar Park & Substation Interconnect
CG-001Open for Co-Investment
Renewable Energy
Kajiado County, Kenya

Saigeri Solar Park & Substation Interconnect

Grid-connected utility-scale solar generation delivering reliable renewable power to the southern Nairobi industrial corridor.

CapEx · USD
$55.0M
Structured
$38.5M
Structuring progress70%
Menengai Geothermal Power Expansion (Orpower)
CG-003Late Stage / Final Tranche
Geothermal Energy
Nakuru County, Kenya

Menengai Geothermal Power Expansion (Orpower)

Baseload geothermal power generation utilizing steam concession from Geothermal Development Company (GDC).

CapEx · USD
$85.0M
Structured
$68.0M
Structuring progress80%
KenGen Floating Solar - Kamburu Reservoir
CG-002Open for Co-Investment
Renewable Energy & Hydro
Embu / Machakos, Kenya

KenGen Floating Solar - Kamburu Reservoir

Pioneering hybrid hydro-solar floating photovoltaic infrastructure conserving reservoir water evaporation while supplying daytime peak power.

CapEx · USD
$42.0M
Structured
$29.4M
Structuring progress70%
Transaction Execution Methodology

The 4-phase advisory methodology.

Our disciplined execution methodology ensures that every infrastructure mandate clears stringent multilateral DFI credit committees and reaches definitive commercial close.

INCEPTION · DIAGNOSTICWeeks 1 – 6

Inception & Bankability Diagnostic

Feasibility Audit & Regulatory Scoping

Core advisory deliverables
  1. 01Comprehensive bankability gap diagnostic report
  2. 02IFC Performance Standards (PS 1-8) compliance pre-screening
  3. 03Preliminary dynamic financial model & tariff sensitivities
  4. 04Sovereign regulatory pathway & concession classification memo
Governance & risk gate
Institutional governance gate
Advisory Committee Preliminary Approval
Primary risk mitigated
Regulatory disqualification & technical unbankability
Phase 01 of 04
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Interactive Financial Model · Bankability Sensitivity

Concession Bankability & Tranche Sensitivity Playground

30-Year Financial Engine
Total Project CapEx:$85M USD
$20M (Small Utility)$350M+ (Mega-IPP)
Multilateral Senior Debt Gearing:75% Debt
60% (Conservative)80% (Aggressive DFI Facility)
Concession / PPA Horizon:25 Years
15 Years (Mid-Term)35 Years (Sovereign Concession)
Projected Commercial Tariff:8.5¢ / kWh
6.0¢ (Grid Parity)13.0¢ (Peaking / Remote)
Simulated Capital Stack✓ DFI BANKABLE
Senior Debt: $63.8M (75%)Equity: $21.3M (25%)
Projected DSCR
1.34x(>1.30x req)
Target Equity IRR
16.1%(Net USD)
Carbon Abatement
140,250 t/yr
IFC Compliance
PS 1 – 8 Aligned
Sovereign Corridor Desks · AfCFTA Jurisdictions

Pan-African reach.
Global institutional alignment.

Headquartered in Nairobi with partner-led operational advisory desks positioned across Africa’s primary commercial trade and energy corridors.

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AfCFTA Cross-Border Corridor Routing · Live
Sovereign Grid Desks Linked
EAF-01 · Desk1.2921° S, 36.8219° E--:--:-- EAT (UTC+3)

Nairobi

Kenya — East Africa Regional HQ
Core Advisory Mandate Focus

Geothermal Steam IPPs, Hydroelectric Concessions, SGR Multimodal Logistics Corridors

Regional Power PoolEastern Africa Power Pool (EAPP)
Governance ProtocolEast African Community (EAC) · Energy Act Concession Protocols
Select Operational Corridor Hub5 Desks Active
EAF-01EAT (UTC+3)

Nairobi

Kenya
Live:--:--
WAF-02WAT (UTC+1)

Lagos

Nigeria
Live:--:--
SAF-03SAST (UTC+2)

Johannesburg

South Africa
Live:--:--
EUR-04GMT (UTC+0)

London

United Kingdom
Live:--:--
MEA-05GST (UTC+4)

Dubai

United Arab Emirates
Live:--:--
Institutional Fiduciary Standards · Sovereign Diligence

Why sovereign sponsors & multilaterals
mandate Top Notch.

Generic international consultancies treat African transactions as speculative periphery. We combine City & multilateral project finance structuring with on-the-ground sovereign execution depth.

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FIDUCIARY STANDARD
Zero Junior Handoffs

Partner-Led Fiduciary Accountability.

Every transaction and concession mandate is spearheaded directly by senior partners who have structured billion-dollar infrastructure assets across Africa. Clients receive unfiltered, partner-level counsel at every stage of the project lifecycle.

Direct Partner Negotiation
Bilateral Non-Disclosure (NDA)
Credit Committee Representation
Conflict-Free Fiduciary Model
Partner Track Record: 22+ Years Avg.Nairobi · Lagos · London · Dubai
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MULTILATERAL COMPLIANCE
100% Clearance

IFC Performance Standards 1–8.

African infrastructure stalls when ESG diligence is treated as an afterthought. We embed IFC Environmental & Social Performance Standards and Equator Principles IV into the project DNA from Day 1.

Equator Principles IV:Certified Baseline
Article 6 Carbon Integrity:Monetized
Multilateral DFI Clearance:100% Track Record
Protocol: IFC · AfDB · Proparco · FMO · DFC · DBSA
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SOVEREIGN EXECUTION
PPP Precedents

Concessions Built to Endure Cycles.

We structure Government Support Agreements (GSAs) and risk-sharing matrixes engineered to endure political cycles, currency shifts, and macroeconomic realignments.

Cost-reflective tariff & indexation modeling
Sovereign termination compensation ring-fencing
Offtaker letter of credit & escrow liquidity waterfall
Structures: DBFO · BOT · BOOT · Sovereign Concessions
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RAPID DIAGNOSTIC
48-Hour Turnaround

48-Hour Preliminary Bankability Diagnostic.

Submit your feasibility memorandum or project brief. Our senior transaction advisory committee conducts a rapid diagnostic within 48 hours—identifying bankability bottlenecks, DFI alignment, and recommended concession architecture.

Immediate Advisory Response
Confidential, non-binding preliminary scoping
Submit Diagnostic Brief
Standard: Strictly Bilateral & ConfidentialAdvisory Committee Review
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Interactive Sovereign Concession Risk Architecture

How Top Notch De-Risks African Concessions for Multilateral DFIs

DFI Credit Committee Standard
UNSTRUCTURED SPECULATIVE RISKVulnerable

Offtaker Insolvency & Delayed Tariff Settlement

State utility payment delays exhaust sponsor working capital; DSCR drops below covenant threshold, triggering senior lender default.

Outcome: Concession stalls at credit committee; high write-off risk.
TOP NOTCH FIDUCIARY MITIGATION COVENANTS0% Default Rate

Multi-tiered liquidity ring-fencing: Sovereign liquidity letter of credit (LC), 6-month debt service reserve escrow, and sovereign liquidity waterfall.

Mandatory Contractual Architecture:
Irrevocable Revolving Letter of Credit (LC) backed by Ministry of Finance
Offshore USD liquidity escrow waterfall prior to equity distribution
Automatic deemed generation payment clauses triggered upon dispatch curtailment
Meets IFC & AfDB Liquidity Adequacy CovenantsIFC · AfDB · MIGA Clearance
Institutional Intake · Mandate Submission

Submit project mandate or
advisory request.

Initiate a confidential preliminary bankability review with our senior transaction advisory committee. All submissions are governed under bilateral fiduciary non-disclosure.

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Institutional fiduciary custody
Partner response within 48 hours
I.Sponsor & entity credentials
II.Mandate specifications & parameters