The Emerging Africa Infrastructure Fund and Covid-19
The Emerging Africa Infrastructure Fund is closely monitoring developments across its project portfolio. It is a very fast moving situation in Africa as elsewhere. Infrastructure, particularly in the energy, water, telecommunications and food supply sectors is essential to the management of the coronavirus crisis. We are in touch with borrowers and other project stakeholders to assess the potential impact of any interruption to business continuity.
Where possible, we will seek to support our borrowers so that the infrastructure they operate will go on meeting the needs of the societies and economies they serve. Helping maintain vital services not only supports public health and wellbeing, it also underpins economic and social stability. EAIF’s patient capital, commercial expertise and mission to help build more resilient and more sustainable African economies goes on . The Fund aims to be as dependable a partner to business in Africa now and in the future as it has been for the past 18 years.
We are open for business and actively engaged with financing new infrastructure across Africa and evaluating new proposals. We continue to welcome enquiries from good projects seeking funding.
EAIF’s managers, Ninety One*, in close partnership with the Private Infrastructure Development Group, has taken appropriate action to help protect the health and safety of colleagues and their networks. Our working patterns have changed, with business now being almost universally conducted by phone and on digital platforms.
Please follow the advice of the public and health authorities where you are.
*Formerly Investec Asset Management