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
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.
Biovea Biomass Plant
$42m of debt to support the construction and operation of a 46 MW biomass plant in Côte D’Ivoire (LMIC and FCAS). This will improve income generation for 12k outgrowers, while increasing access to reliable electricity to 743k consumers and avoiding 120k tCO 2e per year.
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 and Ninety One join forces with IFC and IDA to finance USD $88.6 million 100 MWp industrial solar plant in Ghana’s export processing hub
EAAIF and Ninety One commit USD 18.15 million in senior secured debt as part of a USD 60.6 million co-financed debt package with IFC and IDA. The USD 88.6 million project will finance a 100MWp solar PV plant in Dawa as Phase 1 of an intended 200MW project, delivering cleaner, lower-cost power to more than… Read more »
Pioneering Ituka solar project begins supplying energy in North-Western Uganda
Kampala, Uganda – 23 October 2026 – AMEA Power, one of the fastest-growing renewable energy companies in Africa and the Middle East, has commenced commercial operations at its 24 MWp (20 MW) Ituka solar photovoltaic plant in the Madi Okollo District of north-western Uganda. The project was financed through a USD 18 million senior secured… Read more »
EAAIF signs up to a USD 50 million financing facility with Ukko Renewable for development of renewable energy projects in Southeast Asia
Singapore – 29 July 2026 – The Emerging Africa & Asia Infrastructure Fund (“EAAIF”), a Private Infrastructure Development Group (PIDG) company managed by Ninety One, has signed a senior secured debt financing agreement with Ukko Renewable Pte. Ltd. (“Ukko Renewable”), the renewable energy platform of Groupe Duval in Southeast Asia, providing for financing of up… 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 »