Infrastructure Finance Corporation

Name

Infrastructure Finance Corporation

Legal name

INCA - Infrastructure Finance Corporation Limited

Website

https://inca.co.za

Company type

Private

Founded year

1996

Operating status

Closed

Ownership category

akta.pro rank

Product category

Municipal Infrastructure Finance

NAICS

Credit Intermediation and Related Activities (522), Depository Credit Intermediation (5221)

SIC

Miscellaneous Business Credit Institution (6159), Functions Related To Depository Banking, Nec (6099)

akta.pro industry

PRIMARYFSABAKAD

Infrastructure & Project Finance Development Banks

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Development & Public Sector Banking (DFIs, Postal/Savings Banks)

SECONDARYFSABAKAI

Municipal/Local Government Development Banks

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Development & Public Sector Banking (DFIs, Postal/Savings Banks)

SECONDARYBPADACAG

Infrastructure & Project Finance Facilities

Business & Public Services/International Organizations & Development/International Financial Institutions & Development Banks

Keywords

• Municipal infrastructure financing
• Long-term infrastructure loans
• Public sector lending
• South African municipalities
• Infrastructure finance

Headquarters

HQ city

Sandown

HQ country

South Africa

HQ region

Africa

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations

Core offering

Infrastructure Finance Corporation (INCA) provided long-term infrastructure loans to municipalities in South Africa. The company funded public infrastructure projects through dedicated municipal lending. In 2010, shareholders resolved to close the loan portfolio, and INCA Portfolio Managers was appointed to manage the run-off, leaving the business dormant.

Differentiator

Problem solved

Functional benefit

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Regional players

• BNDES (Brazilian Development Bank): BNDES is Brazil's national development bank, providing long-term financing for infrastructure and industrial projects domestically. Comparable to INCA in long-tenor, sub-sovereign-flavored infrastructure lending, but operating in Latin America rather than Sub-Saharan Africa.

Broad incumbents

• International Finance Corporation (IFC): IFC is the World Bank Group's private-sector development finance arm, providing long-term loans and equity to infrastructure and industrial projects in emerging markets. Comparable to INCA in long-tenor emerging-market infrastructure lending, but operating globally with broader product and sector coverage.
• African Development Bank (AfDB): AfDB is a multilateral development bank financing infrastructure and development projects across Africa. Comparable to INCA in targeting African infrastructure financing, but at continental scale with sovereign and project-level lending mandates.

Direct peers

• Development Bank of Southern Africa (DBSA): DBSA is a South African development finance institution focused on infrastructure and municipal financing across the region. It is the most direct comparable to INCA, sharing both the South African municipal infrastructure lending niche and the long-tenor development-bank business model.
• Proparco: Proparco is the French development finance institution focused on private-sector projects in Africa, Asia, and Latin America, including infrastructure finance. Comparable to INCA in long-term emerging-market infrastructure lending, though with broader geographic reach.
• British International Investment (formerly CDC Group): BII is the UK's development finance institution, providing long-term capital to infrastructure and businesses across Africa and South Asia. Comparable to INCA as a long-term infrastructure and project finance provider operating in African emerging markets.
• Land and Agricultural Development Bank of South Africa (Land Bank): Land Bank is a South African development finance institution providing long-term loans to a defined domestic sector (agriculture). Comparable to INCA in being a South African DFI with a single-sector, long-tenor lending mandate.
• FMO (Dutch Entrepreneurial Development Bank): FMO is a bilateral development bank providing long-term finance to infrastructure and private-sector projects in developing markets. Comparable to INCA in long-tenor infrastructure lending, though FMO operates at greater geographic and sectoral scale.
• DEG (Deutsche Investitions- und Entwicklungsgesellschaft): DEG is the German development finance institution providing long-term financing to private enterprises in developing and emerging markets, including infrastructure. Comparable to INCA in long-tenor development lending, with a broader sectoral and geographic mandate.
• Industrial Development Corporation of South Africa Limited (IDC): IDC is a South African state-owned development finance institution providing long-term financing to industrial and infrastructure projects. Comparable to INCA in mission and product structure, though broader in sectoral scope than INCA's municipal-only focus.

Market position

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Infrastructure Finance Corporation