EAIF arranged the debt finance for the construction of the 13MW Bugoye hydro power station, which began operating in 2008. With 98% availability, the plant has become a successful and dependable part of Uganda’s national electricity industry.
Tororo is the eighth renewable energy plant EAIF has backed in Uganda. In total, they contribute some 15% of Uganda’s installed electricity generating capacity.
A 50/50 joint venture by Lucky Cement and the RAWJI Group, the US$225 million funding package will see the construction of a cement plant producing 1.8 million tonnes a year.
EAIF 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 specilaist consultants.
PIDG company, The Emerging Africa Infrastructure Fund lends US$27 million to hydro power project on the border of Uganda and Tanzania
Two EAIF supported projects win awards from PFI Thomson Reuters, one of the world’s leading infrastructure finance and market intelligence publications
Today, the Private Infrastructure Development Group (PIDG) launched its Five-Year Strategic Plan.
EAIF is funded by the governments of the United Kingdom, The Netherlands, Switzerland, and Sweden. It raises its debt capital from public and private sources, including Allianz, the global insurance and financial services company; Standard Chartered Bank; the African Development Bank; the German development finance institution, KFW, and FMO, the Dutch development bank.