Our practice areas
MiDA specializes in unlocking transaction/project-financing solutions by harnessing the innovative instruments of U.S. capital markets to the development needs of Africa and other emerging markets. From housing finance, infrastructure projects, corporate or agency/municipal finance, our experts bring over 150 years of experience on hundreds of billions in deals closed in the U.S. and emerging markets.
We provide innovative Infrastructure Financing Solutions to support transformative projects across key sectors, including Digital Infrastructure, Energy, Transport, and Logistics (with a focus on minerals). Our tailored approach helps unlock capital, accelerate growth, and enable sustainable development in emerging and established markets.
In 2020, MiDA developed an infrastructure transaction pipeline for Kenya Pension Fund Consortium (KEPFIC) through a mandate by the U.S. government investment initiatives to support KEPFIC’s effort in mobilizing funds into infrastructure transactions. Among these, the Kenya Lot 3 Roads Project—a public-private partnership under the Kenya Roads Annuity Program—was shortlisted for investment consideration. In collaboration with Stanbic Bank Kenya, MiDA supported KEPFIC in raising over $50 million through a private bond placement, fully guaranteed by GuarantCo.
- +50 Mn of capital received through a private bond placement
- 18 Members of KEPFIC participated in the financial close
- Bond of financing funded:
- Roard Upgrades
- Long-term road durability and safety
- Improved access for trade, healthcare, and education
- 143 km of roads located in Wajir (near Ethiopia) and Mandera (near Somalia) Corridor: Modogashe – Habawswein – Samatar
An upcoming transaction in West Africa aims to establish a long-term financing mechanism to support transformative projects that promote sustainable and inclusive growth. The initiative is designed to channel investment into coastal infrastructure restoration, water flow, and canal rehabilitation with integrated waste-to-energy solutions, the revival of the fisheries industry to strengthen food security and job creation, and the development of marine protected parks and eco-tourism. Backed by political risk insurance (PRI), the structure is being developed to provide protection for investors and lenders while ensuring long-term economic and social benefits for communities across the region.
MiDA Advisors serves as the lead advisor to the Asset Owners Forum of South Africa (AOFSA), a first-of-its-kind South African partnership amongst regional pension funds aimed at advancing investments into local infrastructure. AOFSA membership represents approximately R3 trillion (approximately $ 177 billion) in AUM and includes 12 of South Africa’s largest pension funds. To date, the AOFSA has committed over $460 million to local infrastructure and other projects, including $160 million to a pipeline developed by MiDA Advisors.
Providing Avenues for Homeownership in West Africa
MiDA Advisors assisted CRRH in raising over $274 million in private capital with support from the U.S. Government and a credit guarantee from the U.S. International Development Finance Corporation (DFC).
This transaction helps international investors access new opportunities in fast-growing, developing markets and provides an avenue for people in West Africa to build wealth as homeowners.
This first-time bond issuance enables banks in West Africa to access a deep well of liquidity in U.S. markets and issue more mortgages with better rates and longer repayment timelines, making homeownership a reality for more families across West Africa.
- 8,935 New housing loans
- 53,610 Individuals impacted by the transaction
- 86% First-time buyers
- 95% Went to housing valued at under $100k (average loan size of $26k)
Expanding Affordable Student Housing in Kenya
In 2024, MiDA Advisors, as the lead advisor and joint arranger, joined Prosper Africa, the U.S. DFC, Standard Bank Group Limited, and Acorn Holdings Limited (Acorn or AHL) in announcing a major $700 million blended finance deal for the largest portfolio of student housing in Africa.
The financing will allow Acorn to develop 35 new affordable Purpose-Built Student Accommodations (PBSA) projects in Kenya, and an estimated 48,000 beds to help close the gap in quality student housing.
The projects under this facility will be IFC EDGE ADVANCED Certified, contributing to a 40% reduction in energy and water utilization.
- 35 New affordable student housing facilities
- 48K New beds created for students
- >50K New jobs created in the local market
- 75% Of the students reported an improvement in their quality of life since moving into an Acorn residence
Expanding Access to Affordable Housing in Nigeria
In 2024, MiDA Advisors, serving as the lead transaction advisor, joined the Nigeria Mortgage Refinance Company (NMRC) and Stanbic IBTC Bank Nigeria, part of Standard Bank Group Limited, in announcing a $228 million blended finance deal for mortgage refinancing in Nigeria.
The proceeds will be used to make new loans to eligible primary lending institutions by refinancing or prefinancing qualifying mortgage loans to borrowers across Nigeria. In total, the financing is expected to support access to affordable mortgages for over 6,000 households across Nigeria.
- >6K Affordable housing mortgages across Nigeria financed
- 20% Of the loan proceeds will target informal market segments
- 40% Of mortgages to be refinanced will be those underwritten to women as borrowers or co-borrowers “This transaction will enhance our efforts to provide affordable long-term housing finance in a manner that will impact the overall sector.” Managing Director and Chief Executive Officer of the Nigerian Mortgage Refinance Corporation, Mr. Kehinde Ogundimu
MiDA supports the development and financing of housing and hotel infrastructure that drives urban growth, boosts tourism, and creates inclusive economic opportunities. Our focus is on sustainable, high-impact projects that enhance the quality of life while generating long-term value for communities and investors.
MiDA Advisors selectively identifies and supports high-impact companies seeking to raise at least $5 million to help enhance their impact and drive sustained growth. Companies may include, but are not limited to, those operating in rural communities, farming and agricultural associations, and firms working with socioeconomically disadvantaged individuals. These transactions are not only transformative for the business but for the communities and countries they stand to serve.
MiDA serves as the Principal Advisor for the first-of-its-kind AWIF, an initiative run by the UN Economic Commission for Africa (UNECA) designed to advance the financial inclusion and economic empowerment of African women fund managers. This bold and ambitious initiative aims to raise $1 billion over ten years with a two-fold agenda of making a commercial impact for investors while empowering women financial leaders to drive growth in Africa.
MiDA Advisors, with the support of U.S. Government, played a key role in mobilizing $80 million in U.S. and African pension fund co-investments into an African-focused fund (ADP III) managed by Development Partners International (DPI). MiDA provided investor education, facilitated presentations, and helped foster connections during roadshows to support allocations by both U.S. and African Institutional Investors, including Eskom Pension and Provident Fund (in South Africa), KenGen Staff Retirement Benefits Scheme (Kenya), City of Hartford, and the City of Philadelphia. This fund invested in key sector,s including FinTech across Africa. One representative example is the ADP III fund invested in Groupe Cofina, which is accelerating growth for Francophone West and Central Africa’s small and medium enterprises (SMEs) – a critical sector driving economic development in the region.
The Women Empowerment Mentoring and Incubation Program (WE>MI) was launched in June 2021 to increase the number of investable women-owned and women-managed fund managers in Southern Africa. Funded by the U.S. government and implemented by MiDA Advisors in partnership with the Southern Africa Venture Capital and Private Equity Association (SAVCA), the program offered technical assistance and investment facilitation support to participating managers. Through connections facilitated by MiDA Advisors, cohort members gained the skills required to be successful managers and cultivated relationships with resource partners and investors in the U.S., Africa, and internationally. By the end of the program, over $21 million had been committed to cohort members by institutional investors.
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