Brickstone Masterclass Training
Finance Fundamentals for Project Entrepreneurs
To succeed as a project entrepreneur developing projects in Energy, Infrastructure and Real Estate the knowledge of basic financial principles and the capital budgeting process is critical. Project Entrepreneurs who are also called Project Sponsors in the Limited Resource Finance space often point to finance being the most important skill they cherish. What complicates the matter further is that financial decision making in the context of new project ventures is different from materials taught in most finance courses.
This course is aimed primarily at CEOs with little or limited finance knowledge but who are incubating projects in Energy, Infrastructure and Real Estate
This Finance Fundamentals for Project Entrepreneurs course helps the modern project finance sponsors to understand the financial implications of their day to day decisions and the impact these decisions have on the project life cycle. It is also important that CEOs have a solid grasp of basic project finance awareness in order to agree with other project stakeholders and appreciate project finance principles that affect the value of their large scale projects
- A Two (2)-day training covering the basic financial and project finance knowledge for various stakeholders.
- Consists of lectures, hands-on group exercises and case studies.
At the end of the programme participants would be able to:
- Explain their impact on projects and interpret key facts
- Understand financial terms and confidently discuss issues that affect project company finance
- Discuss basic Project Finance Terminology and Concepts;
- Highlight the basic components of project finance;
- Understand project participants and their roles;
- Structuring the Project Vehicle
- Preparing the Project Financing Plan
Who Can Participate?
Entrepreneurs wishing to gain a clearer understanding of the fundamentals of business finance and how finance impacts on the decisions they make on a day-to-day basis either at a departmental or company-wide level.
The course provides important experience and practical examples in the following areas:
Day One : Module 01 – Understanding Project Finance Fundamentals
Conceptual Differences – Corporate Finance vs Project Finance – Helping participants appreciate how Project Finance Differs from Corporate Financing most entrepreneurs are used to.
An Overview of International Project Finance: Discuss basic Project Finance Terminology and Concepts; and Highlight the basic components of project finance; project participants and their roles;
Basic Considerations & Sources of Project Finance: Explain the motivations of Project Finance or Corporate Finance? Discuss Structuring, Structuring Vehicles and Sources of Project Finance
Introduction to Project Development Stages – Helping participants to understand the project development stages in Project Finance transactions: Pre-Bid, Contract Negotiation Stage and Money-Raising Stage.
Day Two : Module 02 – Project Development through Project Finance
Re-bid stage Selecting the right project; Determining whether to submit an unsolicited proposal, Selecting the “right” advocacy, Conducting a technical feasibility study, understand the Length and cost of development process
Contract negotiation stage: Market study for projects with no off-take agreement, Negotiating the project agreements, understand the need for a Environmental/social resettlement report
Financing stage: Securing lowest financing costs, Understanding how to achieve the highest risk-reward trade-off possible, Minimizing exposure to the project
Structuring the Project Vehicle – Explain structuring options for the project vehicle e.g. Undivided Joint Interest; Corporation; Partnership; Limited Liability Company
Preparing the Project Financing Plan – Helping participants to (i) Understand the General Considerations in preparing a Project Financing plan (ii) Understand the concept of Construction Financing (iii) Estimate the Borrowing Capacity of a Project (iv) Understanding Loan Repayment Parameters;
Lagos ( April 2019)
Abuja (Coming Soon)
Training Fee ( Terms and Conditions Apply) VAT Inclusive
Babafemi Awofala is the Founder and Senior Partner with Brickstone Partners Limited, an integrated professional service firm providing project finance advisory and transaction structuring for the agriculture, power, energy, infrastructure and real estate industry in West Africa.
Babafemi has 15 years experience advising companies and governments on private investments and has led teams in the structuring and executing project/structured financings and M&A transactions, performing financial due diligence, developing complex financial models, performing credit analyses, drafting valuations reports and information memoranda, and negotiating term sheets and closing documents.
He was a Vice President at Travant Capital, a private equity and investment advisory firm which raised and partially deployed a US$107m private equity fund. Babafemi executed the following Power & Energy Related-Restructuring advisory transactions. Babafemi was an investment banking lead with Vetiva Capital Management Limited where he lead teams on the advisory, structuring and management of more than
$1 billion in public and private offerings of debt/quasi-equity/equity and mergers and acquisitions (M&A) transactions for corporations and governments in Nigeria over 3 years.
Prior to joining Vetiva Capital Management Limited, he was at the ARM Investment Mangers and was part of the private equity real estate team and he was responsible for managing due diligence activities, structuring and coordinating of potential investments and financings among co-investors. Key projects included acquisitions of medium–upper income residential and commercial properties in the Lagos and Abuja, equity placement
and advisory services for the raising of a $90 million private equity real estate fund that invests in real estate projects in West Africa, the US$ 350 million Toll Road Project in Lekki, Lagos and the financial plan for the expansion of a Regional Airport in Nigeria.
Mr. Awofala has an MBA from the Lagos Business School, Pan – African University, Lagos. He has concluded professional courses in Finance & Financial Law at SOAS-University of London. He is a member of Infrastructure Policy Commission and Technical Anchor on Mining Thematic Workgroup both at Nigeria Economic Summit Group
There would be other guest facilitators who are leading specialist in Private Equity, Financial and Accounting with vast Entrepreneurship, Commercial and Advisory experience in starting New Ventures and Growing business