Cameroon gets 420MW clean, green renewable energy boost as PIDG company Emerging Africa Infrastructure Fund lends €50 million to €1.26 billion Nachtigal hydro power plant.
In late October 2018, the Albatros Energy Mali thermal power station opened for business. It adds 25% to Mali’s base load electricity availability.
Project supported by PIDG companies’ collaborative blended finance approach. The value of innovative blended financing for major infrastructure projects in Africa was demonstrated today with the opening of the 90MW Albatros Energy Mali (AEM) power station in Hawa-Dembaya district, Mali. The plant is expected to increase Mali’s effective base load electricity capacity by 25%, providing… Read more »
The Emerging Africa Infrastructure Fund and GuarantCo supporting €78m Akuo Kita solar power plant in Mali. Second Mali power project for PIDG Largest West African solar project EAIF Mandated Lead Arranger Deal incorporates €54 million debt facility and €2.3 million Debt Service Reserve Account guarantee PIDG companies, the Emerging Africa Infrastructure Fund (EAIF) and GuarantCo, announced today that the €78 million… Read more »
On a visit to South Africa on 28th August, the UK Prime Minister announced £4bn of public sector investment in Africa over the next four years, which she is ambitious will be matched by the private sector.
EAIF lends US$35 million to US$1.1 billion project to double production at Nigeria’s largest fertiliser plant
The Emerging Africa Infrastructure Fund (EAIF), today announced the financial close of its 11-year US$35 million loan to Indorama Eleme Fertilizer & Chemicals Ltd (IEFCL). The transaction is part of the financing of a US$1.1 billion expansion of the company’s existing fertiliser plant at Port Harcourt, Nigeria. The new plant is to be built alongside… Read more »
EAIF’s Emilio Cattaneo speaks at Africa Energy Forum on innovative finance tools for infrastructure development
Emilio Cattaneo (second right) speaking at the Africa Energy Forum in Mauritius in June. The annual Africa Energy Forum (AEF), now in its 20th year, attracts industry leaders active in developing energy infrastructure in Africa. This year’s AEF was held in mid-June in Mauritius and drew over 2,000 senior executives from governments, developers, equipment suppliers,… Read more »
EAIF-backed clean energy projects see power flow from hydro station in Uganda and work start on 40MW solar plant in Mozambique in same week
Two clean energy projects backed by the Emerging Africa Infrastructure Fund took significant steps forward in the last week of June. The 5.4 MW Lubilia Kawembe Hydro (LKH) electricity generating station in Uganda was formally commissioned on 28th June. A day later, on 29th June, a ground-breaking ceremony saw work officially begin on the 40MW Central Solar… Read more »
Click on the link to watch PIDG CEO, Philippe Valhau talk about how PIDG transforms lives.
EAIF Executive Director, Emilio Cattaneo, joins distinguished panel at British Academy event on overcoming challenges to sustainable development.
PIDG company Emerging Africa Infrastructure Fund’s first project in Mali wins African Utility Week award – 7th award for an EAIF project this year
Read EAIF’s development impact results in the Private Infrastructure Development Group’s (PIDG) 2017 Annual Review.
Three more awards go to projects backed by the Emerging Africa Infrastructure Fund, a company of the Private Infrastructure Development Group
Ghana – May 10, 2018 – PIDG company GuarantCo has signed a deal with Quantum Terminals to support the operations of Quantum’s LPG storage business in Ghana.
In an online vote of water industry professionals from across the world, the 2018 World Water Summit, “Water Deal of the Year Award” went to Kigali Water Limited (KWL).
The Emerging Africa Infrastructure Fund’s parent company, The Private Infrastructure Development Group (PIDG), is changing. A new governance structure will formalise and embed collaborative working between EAIF and all of PIDG’s companies. Our combined offer allows us to invest at different stages of the development cycle, bringing more projects from concept to reality in the… Read more »
The Emerging Africa Infrastructure Fund (EAIF), managed by Investec Asset Management (IAM), today announced that it has successfully completed its latest fundraising round, raising US$385million in new long-term debt capital to invest in Africa. The new funds will be used over the next five years to continue EAIF’s core strategy of mobilising private sector capital… Read more »
In Kigali, Rwanda, Kigali Water Limited (KWL), is to build the first bulk surface water supply public private partnership in sub-Saharan Africa.
View a selection of recent international coverage of our support for Akuo Energy’s 50MW solar farm at Kita in Mali.
Strong performance, new countries and new sectors make 2017 year of success for the Emerging Africa Infrastructure Fund
Project Finance International, the prestigious Thomson Reuters global infrastructure magazine, has awarded its Middle East and Africa region 2017 Transport Deal of the Year Award to Ravinala Airports. In 2017, The Emerging Africa Infrastructure Fund (EAIF) loaned the company €25 million, over a 16-year term, in support of a €215 million project to upgrade and… Read more »
Emerging Africa Infrastructure Fund leads and closes financing of €78 million 50MW in Akuo Energy’s solar plant in Mali
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), and Akuo Energy, the leading French green IPP, today announce the signing of financing of the Akuo Kita Solar power plant, to be built at Kita in southern Mali.
One of Mozambique’s newest and strategically most important power stations has been refinanced with the support of the Emerging Africa Infrastructure Fund (EAIF).