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Pipal Limited (Pipal) was established in Kenya in 1993 as a project finance advisor. Initially the company’s focus was on corporate finance, advising private clients on project development and capital raising. Pipal has worked extensively with private sector development finance institutions such as IFC, AfDB, DEG, BII, FMO, Swedfund, and many others to arrange financing for private projects, as well as working on credit appraisal and management for many of these institutions. Pipal has also provided consultancy services to public sector financiers including the World Bank, KfW, AfDB, EU on the development and privatisation of water, transportation and energy infrastructure.

“Financing Africa’s Future, One Transformative Project at a Time.”

“Where African Potential Meets World‑Class Project Finance.”

The company has since built a strong track record across Eastern and Southern Africa, working with both public and private sector clients on infrastructure, energy, agriculture, transport, manufacturing, financial services, and large‑scale development initiatives. The firm combines deep experience in engineering, project development, and complex multi‑currency project financing. Pipal Ltd plays a dual role: arranging financing and also leading the development of new projects across the region.

More recently, with the advent of private financing for infrastructure over the past 15 years, Pipal has developed strong capabilities in PPP structuring and financing for energy (power generation and transmission), water and transportation (marine ports, logistics), and has provided the full range of transaction advisory services from initial development to financial close and completion for financiers and for project developers and sponsors. Pipal Ltd is one of the most experienced infrastructure development and financial transaction advisors in Africa and has played a significant role in shaping Africa’s modern energy landscape. Assignments include extensive advisory work with the Southern African Power Pool (SAPP), the African Development Bank, the World Bank, KfW, EU, and IFC

“Powering Growth. Structuring Opportunity.”

Why work with Pipal? 

At Pipal Ltd, our work is driven by a simple but powerful belief: Africa’s growth will be unlocked by well‑structured, well‑financed, and well‑executed projects. When founded in 1994, Pipal’s vision was to build a firm that could bridge engineering expertise, financial innovation, and deep regional understanding to support transformative investments across the continent.

Over the years we have learnt that the most ambitious projects succeed when technical excellence and disciplined execution go hand in hand. Over the past 30 years, working in project finance across Europe, Asia, Latin America, and Africa, we have seen how the right financial structures can turn visionary ideas into sustainable, high‑impact investments.

Today, Pipal Ltd stands on that foundation. We work with governments, development finance institutions, private investors, and industry leaders to deliver solutions that strengthen energy systems, expand transport and logistics capacity, enhance agricultural productivity, and improve water and environmental infrastructure throughout Eastern and Southern Africa. Our mission has always been to combine technical depth, financial rigor, and local insight to support projects that deliver lasting economic and social value.

As Africa accelerates toward a future powered by renewable energy, integrated transport networks, modern agriculture, and digital transformation, we remain committed to being a trusted partner — one that helps shape bankable, resilient, future‑ready projects. Our work is not just about financing. It is about building systems, industries, and opportunities that will serve generations to come.

We invite you to partner with us as we continue helping deliver the infrastructure and investments that will define Africa’s future.

“Engineering Insight. Financial Innovation. African Impact.”