Leading French language publication, Jeune Afrique, ran a film in late January about KivuWatt’s unique facility in Rwanda. It is a story of technical success, business progress and delivering electricity’s benefits to ordinary Rwandans. The Emerging Africa Infrastructure Fund helped to make the project possible.
Click here to go to video page on the Jeune Afrique site:
In mid-July 2016, Site Selection International focussed a special issue looking at African energy infrastructure developments on recent renewable energy projects supported by EAIF. Site Selection International is a prestigious American publication favoured by large American and Asian corporations and mobile investors.
PIDG’s 2015 annual report published today says EAIF projects created nearly 8,000 permanent jobs and leveraged US$632 million in private sector investment
The Emerging Africa Infrastructure Fund’s parent organisation, the Private Infrastructure Development Group (PIDG) has today published its annual report for 2015. It was a highly successful year for PIDG, which saw over 5 million people in Africa and Asia benefit from new infrastructure projects. 2.2 million people benefited from EAIF projects.
One of the world’s leading project finance magazines, EMEAFinance, has awarded its 2015 African public/private partnership prize to the financing of the Azura-Edo power plant in Nigeria. The Emerging Africa Infrastructure Fund (EAIF) provided US$30 million in senior and subordinated loans to the project and played a key role in structuring the financing, which was led by FMO, the Dutch development bank. FMO was presented with the award at a ceremony in London on 9th June.
As President Kagame welcomes success of Lake Kivu methane to electricity project, EAIF Chair says "Project benefits everyone."
PIDG member, Emerging Africa Infrastructure Fund arranged project finance and loaned US$25 million. “Project benefits everyone,” says EAIF Chair
President Paul Kagame of Rwanda yesterday (16 May) joined local people and dignitaries from across the world at a ceremony at Kibuye on Lake Kivu to inaugurate the KivuWatt project, the world’s only facility for extracting naturally occurring methane gas which is then used to generate electricity.
The Banker magazine looks at East African finance for infrastructure, including an interview with EAIF Chairman, David White. EAIF is grateful to The Banker for permission to reproduce the article. Copyright remains with The Banker and Financial Times Publications.