CONTACT US

  eaif@ninetyone.com

  

The Emerging Africa Infrastructure Fund (EAIF) 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. 

Our Impact

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Total investment of US$27,506 million
23,991 permanent jobs created
36,156 short-term jobs created
96 completed projects
Benefitting 154.1 million people
Private sector commitment of US$16,510.2 million

CEC Renewables

Zambia
Zambia
Transmission and distribution
Transmission and distribution
EAIF: US$ 20m

$20m provided for a debt to anchor a $54m green bond issued by CEC to build two solar PV projects totalling 94MW of in Zambia (LDC). This will increase access to reliable electricity to 105k consumers and avoid 64k tCO 2e per year.

Raxio Data Centres

Pan-Africa
Pan-Africa
Digital communications infrastructure
Digital communications infrastructure
EAIF: US$ 33m

$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

Senegal
Senegal
Transportation
Transportation
EAIF: US$ 50m

$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

Social infrastructure
Social infrastructure
Transmission and distribution
Transmission and distribution
Digital communications infrastructure
Digital communications infrastructure
Renewable energy
Renewable energy
Logistics and warehousing
Logistics and warehousing
Bulk storage
Bulk storage
Transportation
Transportation
Infrastructure supporting agriculture and mining
Infrastructure supporting agriculture and mining
Mining and upstream gas
Mining and upstream gas

Applying for project support

If you are looking for debt finance for an infrastructure project in sub-Saharan Africa please talk to us.

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 specialist consultants.

Latest news

MOODY’S AFFIRMS EMERGING AFRICA INFRASTRUCTURE FUND’S A2 CREDIT RATING

London—25 September 2024: The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, today announced that Moody’s has reaffirmed its long-term foreign-currency issuer rating at A2, with a stable outlook. EAIF is one of Africa’s most experienced lenders and one of the first blended finance debt funds meeting the needs of African… Read more »

The EAIF & IFC-backed FCTC Sonatel Asset Backed Security lists on West African regional stock exchange, boosting digital transformation

● The listing helps finance Sonatel’s expansion of digital services in the West African region ● The landmark transaction transforms the digital economy through the creation of online businesses and strengthens local capital markets ● EAIF committed XOF 23.5 billion (c. $39 million) and IFC committed XOF 25 billion (c. $41 million) to the ABS… Read more »

EAIF COMMITS ADDITIONAL US$30 MILLION TO SUPPORT INDORAMA’S EXPANSION WITH THIRD UREA PLANT IN NIGERIA

London, 28 March 2024 — The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a US$30 million senior debt facility to Indorama, a leading producer and exporter of fertiliser. The investment enables the construction of a new plant, port terminal, handling stations, and storage facilities in Nigeria, providing a… Read more »

Our funders

 

The Emerging Africa Infrastructure Fund (EAIF) 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. 

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 »