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News and Media

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.

Albatross Mali EAIF

In late October 2018, the Albatros Energy Mali thermal power station opened for business. It adds 25% to Mali’s base load electricity availability.

25% electricity boost for Mali as €122 million power station opens

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 »

PIDG companies reach financial close on major solar power plant in Mali

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 »

UK government announces up to£500 million of new funding to PIDG

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 »

PIDG plays a unique role in delivering innovative infrastructure solutions

Click on the link to watch PIDG CEO, Philippe Valhau talk about how PIDG transforms lives.

EAIF Executive Director joins distinguished panel at British Academy event

EAIF Executive Director, Emilio Cattaneo, joins distinguished panel at British Academy event on overcoming challenges to sustainable development.

EAIF’s first project in Mali wins African Utility Week award

PIDG company Emerging Africa Infrastructure Fund’s first project in Mali wins African Utility Week award – 7th award for an EAIF project this year

EAIF announces 2017 impact results

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 EAIF

Three more awards go to projects backed by the Emerging Africa Infrastructure Fund, a company of the Private Infrastructure Development Group

PIDG companies GuarantCo and EAIF arrange finance for LPG storage facility in Ghana

  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.