Development projects Africa | Fomento al Desarrollo

Who we are?

FOMENTO specializes in the design and execution of comprehensive projects aimed at improving the necessary infrastructure to modernize the productive and social models of regions and emerging countries.

Our activities focus on the execution of "turnkey" projects, as well as the promotion and development of projects in key sectors such as agribusiness, water, energy, civil protection, transportation, traffic, and communications.

With over 25 years of experience and a multidisciplinary team of professionals with expertise in international trade, our main activity revolves around the implementation of comprehensive projects in Africa. Here, we identify the specific needs of each sector, develop the project technically and commercially, structure the financing, and take care of the execution, commissioning, and training.

Fomento has its headquarters in Madrid, with offices in Morocco, Kenya, Uganda, Equatorial Guinea, and the United States, and we operate in four specific areas.

Project Development and Financial Structuring

FOMENTO focuses on providing commercially viable solutions to the projects its clients want to develop. We assist our clients in:
• Identifying viable and financeable projects.
• Defining and designing the technical scope.
• Conducting the required feasibility studies for their execution.
• Searching for and structuring financing.
• Monitoring the different milestones until commissioning.
• Forming technological and local content consortia for project execution.
For the design and management of the most suitable financial formula for each project, we resort to various instruments and sources, such as Multilateral Financial Institutions, European Union Funds and Subsidies, Structured Financing for concession or investment projects, Sovereign Funds, and Bilateral Financing.

Principal contractor

At FOMENTO we implement "turnkey" projects as main contractor.
This activity requires directly undertaking all phases of the project. From the design and search for funding, submission of bids, contract negotiation and project execution; to the installation, commissioning and further training and maintenance of the equipment.
We group suppliers, manufacturers, O&M, engineering, logistics, installation and assembly firms, directing and coordinating the execution of contracts, and providing both technical and economic guarantees to ensure the success and sustainability of the projects.

Concessions

The management and development of concession or investment projects is a proven-effective model that meets the needs of the public sector in emerging countries. Projects with structured financing, in the form of Project Finance or Public/Private Participation (PPP), represent a strategic commitment for the future growth of the company.
The main areas of our activity are power generation, energy infrastructures. We coordinate the feasibility studies, permits and licenses and the structuring of the funding. We also handle the negotiation of the concession contracts (PPAs), sovereign guarantees, risk insurance, EPC contracts, and the proper coordination of all the necessary elements for project bankability.

Consultancy and Project Design

FOMENTO offers comprehensive advisory and consulting solutions to institutions and governments throughout the entire project cycle.
We provide strategic support tailored to meet the specific needs of the client in the following areas:
• Feasibility and market studies.
• Advice on regulations, legislation, project identification, investments, markets and the best public and private business opportunities.
• Drawing up of terms of reference and tender documents.
• Evaluation and selection of tenders.
• Preparation and signing of contracts.

See our Projects

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