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 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 »
EAAIF contributes US$45 Million to CrossBoundary Energy Holdings to power commercial and industrial (C&I) renewable energy projects across Africa
Supports CrossBoundary Energy to develop a target portfolio of US$500 million by 2027, meeting growing demand for solar, wind, and battery storage and hybrid energy solutions. EAAIF’s commitment enables CrossBoundary Energy to accelerate new commercial and industrial (C&I) renewable energy projects across the continent with breakthrough technologies. The Fund’s first C&I investment in Africa forms… Read more »
EAAIF invests USD 20 million in CME Solar (“CMES”) to power Vietnam’s manufacturing sector with clean energy sources
The investment marks EAAIF’s second transaction in Asia The Fund catalyses the roll out of rooftop solar projects for commercial and industrial clients in Vietnam The transaction decarbonises Vietnam’s manufacturing sector and reduces reliance on coal-fired thermal energy Hanoi, 6 January 2025: The Emerging Africa & Asia Infrastructure Fund (EAAIF), a Private Infrastructure Development Group… 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 »