Financial advisory Structuring Intermediation

We make Africa's major projects
financeable.

Infrastructure, energy and mining: we turn high-impact projects into bankable deals,
and bring together the capital, governments and industry around them.

Discuss a project See our track record
2015Founded in Dakar
10+Countries
USD 2 Bn+In structuring, structured, arranged or advised
Djibril Ngom

Governance

A statesman.

Djibril Ngom Administrator

A Senegalese economist and statesman, Djibril Ngom built a decades-long career at the top of Senegal's public administration and industry. After serving as Minister of Employment and Minister of the Budget, he headed the Port Autonome de Dakar, then joined Industries Chimiques du Sénégal (ICS), where he became President and CEO.

  • Former Minister of the Republic of Senegal (Employment and Budget)
  • Governor for Senegal, Islamic Development Bank
  • Director General, Port Autonome de Dakar
  • President and CEO, ICS, leading phosphate producer in Sub-Saharan Africa
  • Chairman of the Board, BGFIBank Sénégal (BGFI Group, first bank in CEMAC)
  • PhD in Economics, Université Paris II. MBA, HEC Montréal

The Group

One group, built around project finance.

Hiray Finance & Investment Capital is the advisory firm that structures and finances high-impact projects across Africa.

Hiray Finance
  • Project finance
  • Capital raising
  • PPP structuring
  • Mining advisory

Hiray Finance & Investment Capital

Independent advisory firm founded in 2015 in Dakar. Project finance, structuring, intermediation and mining advisory for private projects and public-private partnerships across Africa.

Our missionTo connect capital with opportunity across Africa, in private projects, PPPs, mining ventures and structured finance.

Why Hiray Finance

Financing a major project in Africa means clearing four obstacles. We remove them.

  • A poorly structured project attracts no financier. Bankability review, financial model and financing plan built to lender standards.
  • The right doors are hard to open. A leadership drawn from government, development banking and industry.
  • Entering an African market without a local foothold. Your local counterpart: partners, regulation and government interface.
  • Too many players between the idea and the close. One senior team, from feasibility to financial close.

Expertise

Six sectors, from feasibility to financial close.

Technical and financial advisory on the assets that shape African economies.

Roads & Bridges

Highways, urban road networks, viaducts and structures. Toll concessions and road PPP arrangements.

Mining & Quarries

Iron ore, phosphate, gold, base metals and aggregates. From exploration through to offtake and financing.

Energy

Oil and gas onshore and offshore, power generation (solar PV, wind, hydro, thermal), transmission and rural electrification.

Banking & Structured Finance

Bank capital raising, refinancing and debt buyback, securitisation, DFI and private equity intermediation.

Buildings & Real Estate

Commercial, residential and institutional buildings. Industrial facilities and turnkey development programmes.

Ports & Heavy Logistics

Port and terminal concessions, rail links, heavy haulage and equipment financing for mining and construction fleets.

What we do

Six lines of service.

Delivered by a small senior team and a network built over four decades of public and private practice in Africa.

Project Finance & Structuring
Bankability review, financial modelling, financing plan design, lender and equity investor intermediation.
Fundraising & Capital Raising
Equity and debt for governments, corporates and project companies: private placements, bond issuance, structured facilities.
Feasibility & Financial Advisory
Economic and financial feasibility, business plan structuring, investment evaluation and independent advisory.
Mining Advisory
Feasibility studies, sector financing, investment vehicle structuring, DFI and private equity intermediation for extractive projects.
Stakeholder Intermediation
Strategic partners, co-investors, government counterparts and technical operators. Contract negotiation support.
Business Establishment in Africa
Market entry, regulatory navigation, PPP structuring and local counterpart introduction for international groups.

Track record

Selected mandates.

Infrastructure, energy, mining and structured finance.

USD 2 Bn+In structuring, structured, arranged or advised

Integrated iron ore project

Mining, structuring and financial arrangement · West Africa

USD 1 Bn+In progress

Phosphate development

Mining, structuring and financial arrangement · West Africa

USD 300 M+In progress

Urban road network

Road infrastructure · West Africa

EUR 100 M+In progress

Urban viaduct

Bridges and structures · West Africa

USD 75 M+

Bank capital raising

Structured finance

USD 35 M+

Debt financing and buyback

Structured finance

USD 25 M+

Onshore gas

Oil and gas · West Africa

USD 10 M+

High-rise building, ground + 18

Real estate · West Africa

USD 2 M+

Laterite quarry

Equipment financing and construction

USD 250 K+

Phosphate mine

Mining advisory · West Africa

Advisory

Project names and sponsors are withheld for confidentiality. Details available on request.

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Presence

Where we work.

Headquartered in Dakar, active across West and Southern Africa, and connected to contractors and investors in Asia and Europe.

    Leadership

    The partners.

    Each partner leads a part of our relationships and can be reached directly.

    Let us structure it together

    A partner for your
    ambitions in Africa.

    Whether you are developing an infrastructure, energy or mining project, or preparing to enter an African market, tell us where you stand and what you need.
    A partner of the firm will reply to you personally, in strict confidence.

    Email

    contact@hiraygroup.com

    Office

    8 Fenêtre Mermoz
    Dakar, Senegal

    LinkedIn

    Hiray Finance