EAAIF Secures $100M to Support Infrastructure Development

Emerging Africa & Asia Infrastructure Fund (EAAIF) – a subsidiary of Private Infrastructure Development Group (PIDG) – has secured a $100 million debt facility from financial institution Export Finance Australia. The financing will deepen EAAIF’s exposure to infrastructure opportunities across emerging markets in Asia and Africa, targeting key sectors such as energy access, commercial and industrial solar solutions, digital communication infrastructure and sustainable transport.

EAAIF is backed by $396 million in equity capital from the governments of the United Kingdom, Switzerland, the Netherlands and Sweden. The fund strives to support economic growth in emerging economies by offering a suite of investment solutions.

“This partnership enables access to high-growth markets through a blended finance vehicle. By collaborating domestically, we are able to deliver resilient, climate-smart infrastructure to some of the fastest-growing yet underserved markets- bridging the financing gap and creating opportunities for people, communities and ambitious businesses across the region,” stated Ninety One’s Managing Director Olivia Carballo and Co-Head of Emerging Market Alternative Credit Martijn Proos. Ninety One is the fund manager of EAAIF.