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Call for Expression of Interest - SabrAf Hinfra Fund – First Vintage | Infrastructure Project Pipeline

 

1. About SabrAf Hinfra Catalyst

SabrAf Hinfra Catalyst is the first fully Shariah-compliant infrastructure investment platform dedicated to Africa, established to address a structural imbalance between the continent’s infrastructure financing needs and the depth of Islamic finance capital seeking real asset exposure. The firm operates across three integrated pillars:

  1. Infrastructure Fund Management: The SabrAf Hinfra Fund invests in African infrastructure through asset-backed, risk-sharing investment structures aligned with Islamic finance principles.
  2. Real Asset Development and Management: SabrAf originates, structures, and actively develops infrastructure projects and PPPs, curating a pipeline of investment-ready, Shariah-compliant opportunities.
  3. Islamic Investment Banking: Advisory and capital raising services for infrastructure, complemented by the SabrAf Screening initiative for Shariah-compliant equity indices across African capital markets.

Each pillar reinforces the others, forming a fully integrated investment ecosystem without precedent on the continent. Guided by an Independent Shariah Board and a leadership team with deep expertise in Islamic finance, project finance, and African capital markets, SabrAf is advancing a distinct investment paradigm where capital deployment and purpose are structurally aligned.

2. Context and purpose

Africa’s infrastructure financing gap remains structurally significant, while Islamic finance capital globally is actively seeking scaled, asset-backed investment opportunities aligned with this need.

Through this Call for Expression of Interest, project sponsors, developers, corporates, governments, PPP authorities, concessionaires, and real asset owners across Africa are invited to submit infrastructure projects, whether for direct investment through the SabrAf Hinfra Fund or for a dedicated capital-raising mandate through SabrAf’s Islamic Investment Banking platform. No prior experience with Islamic finance is required.

3. Targets

Sectors

  • Mobility and transport : roads, rail, ports, airports, urban transport, logistics hubs, aircraft, vessels
  • Energy and extractives : power generation (renewable and conventional), transmission and distribution, O&G and mining infrastructure
  • Food security infrastructure : agro-processing, cold chains, storage
  • Digital infrastructure : data centers, cloud infrastructure, fiber optics
  • Social infrastructure : healthcare, education, water supply, sanitation.

Project size and stage

Minimum ticket of USD 25 million for direct investment through the SabrAf Hinfra Fund. Following initial assessment, projects, including smaller ones, may qualify for a capital-raising mandate through SabrAf’s Islamic Investment Banking services.

  • Late-stage development : feasibility completed, ESIA underway or completed, permitting and contracts advanced
  • Construction phase : ongoing construction; financing being arranged or partially in place
  • Operational brownfield : Income-generating assets being acquired or refinanced.

Eligible Shariah structures

Projects must be structurable under the following instruments, individually or in combination:

  • Musharakah (Partnership): Equity co-ownership through capital contributions from both the financier and sponsor.
  • Mudarabah (Profit-sharing): Capital provided by the financier, with management undertaken by the sponsor.
  • Ijarah (Lease): Lease structure with ownership retained by the financier and usage rights transferred to the operator.
  • Istisna' (Construction finance): Financing for the construction of assets.
  • Murabahah (Cost-plus sale): Asset acquisition with a fixed and fully disclosed margin.
  • Sukuk (Certificates of ownership): Investment certificates representing proportional ownership in a defined asset, enabling access to pooled domestic and global Islamic investor bases.

Shariah compliance

All projects entering the SabrAf pipeline are reviewed and certified by the Independent Shariah Board, a condition required by Islamic institutional financiers. SabrAf’s team converts project parameters into fully compliant financial structures.

4. Submission and process

Submit a project brief to contact@sabraf.com avec l’objet :

SabrAf_Project Submission_[Project Name]

The brief should include: project name, country, and sector / project description / current stage and milestones / total estimated cost and financing structure sought / sponsor or developer profile (organisation, country of incorporation, track record).

Supporting documentation will be shared following NDA execution.

Process

  • Acknowledgement of receipt : within two business days.
  • Initial assessment : eligibility review, preliminary structuring observations, and request for additional information where relevant.
  • Follow-up meeting : structured dialogue to agree upon next steps.

For questions or to request a pre-submission call:

contact@sabraf.com | +225 07 69 96 55 70 | www.sabraf.com