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27 January 2017

Out of the Dark

EAIF Sierra Leone power project features in top US publication coverage of World Economic Forum

At the 47th World Economic Forum (WEF) annual meeting that wraps up today in Davos-Klosters, Switzerland, more than 3,000 participants from nearly 100 countries have been addressing topics under the theme “Responsive and Responsible Leadership.” A session on the opening day of the conference earlier this week said responding to Africa’s at once dire and promising energy gap is one way elected officials and company officials can responsibly pursue greater economic growth on the continent.

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July 2017

Emerging Africa Infrastructure Fund and FMO provide US$29.3 million to refinance the Bugoye hydro-electric power station in Uganda

• EAIF and Dutch development bank FMO each lending 50%
• EAIF Mandated Lead Arranger
• Refinancing also facilitates building new generating capacity
• Refinancing also facilitates building new generating capacity

June 2017

EAIF backs upgrades and expansion at two Madagascar airports, following private sector company Ravinala Airports winning management concession

First airport infrastructure project for EAIF "A step change for Madagascar’s economic development drive", says EAIF chairman

Two airports in Madagascar are to have their runways, passenger terminal facilities and allied infrastructure upgraded and expanded in a EUR 215 million project being supported by the Emerging Africa Infrastructure Fund (EAIF / the Fund). The Fund is providing senior debt of EUR 25 million over a 16-year term.

June 2017

Life-changing infrastructure helps 31m people in Africa and Asia

The Private Infrastructure Development Group opened up access to life-changing infrastructure designed to boost economies and combat poverty for 31 million people, last year.

June 2017

Emerging Africa Infrastructure Fund announces first project in Mali

90MW power station to increase Mali’s effective base load electricity by 30%

The private sector Malian power plant operator, Albatros Energie Mali (AEM), is to build a 90MW HFO-fueled power station in the Kayes region of the country, adding 30% to Mali’s effective base load electricity capacity. The €123.1 million project has the support of a €5.8 million 15-year term conventional loan and €3.9 million Sha’ria financing facility with a 14-year term, both from the Emerging Africa Infrastructure Fund. It is the Fund’s first project in Mali.

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