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2024

EAIF COMMITS XOF 23.5 BILLION TO SONATEL’S RECEIVABLES-BACKED AAA-LOCAL-RATED BOND

London – 23 January 2024 The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, today announced a commitment of XOF 23.5 billion to a XOF 75 billion receivables-backed bond issued by securitisation vehicle Fonds Commun de Titrisation de Créance (FCTC), to support Sonatel’s expansion, modernisation and digital transformation plan in Senegal,… Read more »

EAIF completes $294m debt raise in one of the largest blended finance debt packages for African infrastructure

Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), has successfully raised $294 million of additional debt facilities, achieving over half of the Fund’s target to raise $500 million by 2025. The finance facilities demonstrate the Fund’s ability to mobilise private sector debt in one of the largest capital raises in recent… Read more »

EAIF ACTS AS CORNERSTONE INVESTOR TO ANCHOR ZAMBIA’S FIRST GREEN BOND

The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group Company (PIDG), has committed to de facto underwrite US$50m of Zambia’s first US$53.5m green bond, to finance key solar infrastructure and support diversification of the country’s energy sector. EAIF acted as the cornerstone investor of the bond issued by CEC Renewables (CECR), an affiliate… Read more »