News and Media


The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed to buy up to US$50,000,000 of a bond issue by Liquid Telecommunications, that is being launched on Monday 22rd February 2021. The bond (“The New Note Offering”) aims to raise US$600 million which will be used to refinance existing debt… Read more »


“Institutional investors have become increasingly open to non-traditional, high yield investment opportunities as they grapple with low yield environments”, writes Lade Araba in a blog for the African Venture Capital Association (AVCA).  Allianz Global Finance investment in EAIF cited as prime example. To read the full article visit the AVCA website at the link below.

PIDG company Emerging Africa Infrastructure Fund fills funding gap in Zimbabwe border crossing project set to stimulate trade and business investment

EAIF lends US$44 million in senior and junior debt Comprehensive modernisation of the entire border post Typical waiting times set to fall from 39 hours to three hours Community to benefit from infrastructure transfer The Emerging Africa Infrastructure Fund (EAIF), part of the Private Infrastructure Development Group (PIDG) is lending US$43.7 million to a US$296… Read more »

EAIF lends US$ 31 million to Access LNG for its innovative Floating LNG regasification facility in Ghana

Development set to reduce heavy fuel oil use, improve gas supply security, cut energy generation costs and significantly cut Co2 and sulphur dioxide emissions PIDG company, the Emerging Africa Infrastructure Fund (EAIF) is lending US$31 million over 10 years to Access LNG B.V., a provider of specialist floating LNG infrastructure, to support the construction of… Read more »

EAIF supports local currency bond issue as Senegal’s national port of Dakar begins move to new enterprise zone location

Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF) invested XOF* 8.3 billion (cUS$15 million) in a local currency capital market bond issue by Senegal’s Port Autonome de Dakar (PAD), the owner of the Port of Dakar.  The bond raised over XOF60 billion (US$107million).  The issue marks the start of the process… Read more »

Article: Development Lenders Plug Gap

The global pandemic is holding back Africa’s essential infrastructure development. Some creative private sector and multilateral solutions promise to ease the crisis.

Sonatel bond issue featured in African Business

Richard Ndem writes in African Business about the success of the recent Sonatel bond issue and the role of the Emerging Africa Infrastructure Fund. Click here to read the story.     

PIDG Technical Assistance grant helps secure Benin power station project and Emerging Africa Infrastructure Fund loan of €27 million

Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF), announced today (27th July) that it is progressing its due diligence as the sole lender to a €36 million, 25MW natural gas-fuelled power station project, to be built by the Nigerian company, Genesis Holdings, at Maria Gleta, near Benin’s capital of Porto Nova.… Read more »

Africa Global Funds webinar

Paromita Chatterjee, an Investment Director at EAIF’s managers, Ninety One, was one of a distinguished panel of experts taking part in an African Global Funds webinar on 22 July.

Why investors care that greener towers are safer towers

EAIF anchored Helios Towers’ recent bond issuance, playing a leading role in pushing ESG initiatives and greening the network.

EAIF anchors Sonatel’s XOF 100 billion bond issue to support investment in Senegal’s telecommunications infrastructure

Private Infrastructure Development Group (PIDG) company, the Emerging Africa Infrastructure Fund (EAIF/the Fund) is to invest up to XOF*29.5 billion (US$50 million equivalent) in a bond issue that aims to raise XOF100 billion (US$170 million) for investment in the Senegal business of Sonatel S.A, a West African telecommunications company. Sonatel’s bond, which was launched on… Read more »

Join the Emerging Africa Infrastructure Fund’s Paromita Chatterjee for key issues webinar

On 22nd July, Investment Director at Ninety One’s EAIF team, Paromita Chatterjee, will be a panellist on Africa Global Fund’s webinar looking at fundamental issues in African infrastructure. To register for the event, which is free to Africa Global Fund’s subscribers, and for more details of speakers, topics and time please visit

EAIF anchors successful bond issue by African telecommunications business, Helios Towers

“The success of the HTA bond issue demonstrates the value of the EAIF/PIDG business model in African economic development,” says EAIF fund managers