The Emerging Africa & Asia Infrastructure Fund (EAAIF) was established as the first company within the Private Infrastructure Development Group (PIDG). Managed by Ninety One, we provide long-term commercial debt to deliver inclusive and impactful infrastructure projects in Africa and Asia.
Our Impact
Kinguele Hydro
$23m of debt to build and operate a 35 MW hydro power plant in Gabon. This will increase access to reliable electricity to 97k consumers, and increase productivity for firms to create indirect jobs and avoid 186k tCO 2e per year.
Programme Electricité Pour Tous (PEPT) Social Bond
$30m provided to anchor a receivables securitisation local currency bond of XOF 60 billion (c.$100m) to fund the continuation and acceleration of the national Electricity for All Programme Electricité Pour Tous (PEPT) electrification programme in Côte d’Ivoire (LMIC and FCAS). The programme will add 400k new connections in the next two years which is expected to provide first time electricity access to 2m low income rural households.
Eastcastle
$30m of debt, provided to Eastcastle to build 767 new towers and rehabilitate 275 existing towers across the Democratic Republic of the Congo (DRC) (LDC and FCAS). This will improve access to mobile voice and internet services for 1.9m customers improving quality of life and enabling economic growth through enhanced productivity.
Sector Focus
Applying for project support
If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us.
EAAIF mainly supports private sector infrastructure projects to create new or expand existing facilities. We welcome enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share our commitment to the continent and its peoples. Enquiries are also welcome from financial advisers and specialist consultants.
Latest news
EAAIF secures USD $100 million debt facility from Export Finance Australia
The financing underscores EAAIF’s pivotal role as a gateway for new, diverse capital to accelerate green energy transitions and economic resilience in emerging markets. EAAIF’s two decades of expertise align with Australia’s development impact ambitions, backing businesses overseas that boost access to sustainable infrastructure, economic productivity in underfunded areas and support the energy transition. London,… Read more »
EAAIF anchors Axian Telecom’s USD 600 million bond
Powering Africa’s digital economy EAAIF’s commitment helps secure a 2x oversubscribed bond, supporting digital connectivity across nine African markets New financing enables Axian Telecom to accelerate strategic investments, strengthening its role as a leading pan-Africa telecommunications provider Through partners like Axian Telecom, EAAIF is helping scale telecom infrastructure across emerging markets, laying foundations for connectivity… Read more »
EAAIF completes $325 million debt raise to accelerate its investments in emerging market infrastructure
The $325 million debt package brings the Fund’s recent capital raises to $620 million, significantly surpassing its target of raising $500 million by the end of 2025. Since 2018, EAAIF has raised more than $1 billion in commitments across three debt raises. New funding fuels EAAIF’s plan to deploy over $1 billion to critical infrastructure… Read more »
Our funders
The Emerging Africa & Asia Infrastructure Fund (EAAIF) was established as the first company within the Private Infrastructure Development Group (PIDG). Managed by Ninety One, we provide long-term commercial debt to deliver inclusive and impactful infrastructure projects in Africa and parts of Asia.
Biomass financing by EAIF to deliver 46MW renewable energy plant in Cote D’Ivoire
“EAIF rapidly moving towards green energy loan portfolio of 1000MW” The Emerging Africa Infrastructure Fund – a Private Infrastructure Development Group (PIDG) company – announced on 10th June that it is lending €30 million to support the construction of a new €232 million, 46MW, biomass power station in Cote D’Ivoire. Located at Ayebo, 100km east… Read more »