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
CEC Renewables
$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
$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.
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 »