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The Emerging Africa Infrastructure Fund plays an important role in sub-Saharan Africa's economic development.

The projects we support frequently use advanced technologies in their methods of construction and operation. Such technologies, that are common in the developed world, bring new skills to emerging economies and can significantly improve productivity.

Here you will find the stories of many of the projects we have supported in recent years.

11 awards since 2010 - View awards

Accessing more affordable, more reliable electricity for tens of millions of people.

Country: Nigeria / Sector: Power

Raising long-term loan finance can still be difficult in many parts of sub-Saharan Africa, as was the case with the 2014 financing of a 450MW gas fired independent power plant in Nigeria. In addition to providing senior and subordinated loans totalling US$30 million, EAIF played a key role in negotiating the loan structure, which significantly contributed towards the project going forward.

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Creating infrastructure to help Nigeria succeed

Country: Nigeria / Sector: Gas Infrastructure

When 7Energy subsidiary, Accugas, completes the Oron-Calabar gas pipeline and supporting infrastructure, it will supply two of south-eastern Nigeria’s power stations with more affordable fuel. EAIF was the project’s anchor investor. In 2014 it made a US$29.4 million loan to 7E.

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Kenya Power and Lighting investment attracts commercial bank support

Country: Kenya / Sector: Power

Regarded as one of the best run utilities in Africa, Kenya Power and Lighting Company is investing US$150 million upgrading, extending and maintaining its electricity transmission and distribution system. The company retails power to all sectors of the Kenyan economy and across the country.

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Ghana’s pioneer project by an independent power producer

Country: Ghana / Sector: Power

Ghana had 2,800MW of installed electricity generating capacity in 2014 with forecast demand expected to be 5,000MW by 2016. Ghana needs power. One hundred and twenty people will have full time jobs when the Cenpower Kpone generating station opens for business.

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Tobene Power is building a new 96MW power plant for Senegal

Country: Senegal / Sector: Power

The Matelec Group, which controls Tobene Power, is developing a EURO124 million 96MW heavy fuel oil power (HFO) station. Signed in 2014, EAIF’s 15 year project loan of EURO25 million aids the company’s diversification and helps demonstrate investor confidence in the Senegal electricity sector.

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Helios buys and refurbishes 1,000 telephone towers in Tanzania

Country: Tanzania / Sector: Telecoms

Helios Towers Tanzania Ltd raised US$100 million in 2014 to acquire 1,000 telephone towers. EAIF provided a US$10 million loan to the financing. All of the towers will be upgraded, refurbished and let to companies providing mobile phone and allied services, including two anchor tenants.

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Ciprel adds another 120MW to its Cote D’Ivoire power plant

Country: Cote D’Ivoire / Sector: Power

The EURO253 million upgrade of the Ciprel power plant in Cote D’Ivoire included a EURO30 million loan from EAIF, signed in early 2014. Expanding Cote D’Ivoire’s generating capacity is a core component in sustaining post-conflict economic recovery and alleviating poverty.

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