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
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.
Raxio Data Centres
$33m of debt to finance the construction and operation of data centres in Uganda (FCAS and LDC), Ethiopia (LDC and FCAS), the Democratic Republic of the Congo (LDC and FCAS), Côte D’Ivoire (LMIC and FCAS), Mozambique (FCAS and LDC), Angola (LDC) and Tanzania (LDC). This will improve internet speed for business customers to enable economic growth. 70% of proceeds will be allocated to FCAS countries and 60% to LDC countries.
Dakar Toll Road
$50m of debt to support the extension and upgrade of the A1 motorway in Senegal (LDC) which connects the city of Dakar to the airport. This will enable the efficient movement of passengers and trade, and is set to lead to economic growth and indirect job creation.
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 announces second XOF 10 billion commitment to Côte d’Ivoire’s landmark social bond, supporting electricity access for millions
Issuance will finance 400,000 last-mile connections, building on 2.2 million households already connected. EAAIF’s second commitment to the programme underlines the Fund’s role developing innovative bond issuances in underserved regions. London, December 9: The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has committed XOF… Read more »
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 »
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 »