Emerging Africa and Asia Infrastructure Fund

Name

Emerging Africa and Asia Infrastructure Fund

Legal name

Emerging Africa & Asia Infrastructure Fund

Website

https://eaif.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Development Finance and Infrastructure Lending

NAICS

Other Nondepository Credit Intermediation (52229), Credit Intermediation and Related Activities (522), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Miscellaneous Business Credit Institution (6159), Finance Services (6199), International Affairs (9721)

akta.pro primary industry

Infrastructure & Project Finance Facilities (BPADACAG)

akta.pro secondary industries

Infrastructure & Project Finance Private Debt (FSANADAH), Private Credit — Infrastructure Debt & Project Finance (FSAHAJAJ), Climate Finance Funds & Green Investment Facilities (BPADACAH)

Keywords

• Infrastructure debt financing
• Development finance institution
• Blended finance solutions
• Renewable energy lending
• Project finance advisory

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Debt financing income: EAAIF provides long-term commercial debt to infrastructure projects across Africa and Asia. Revenue is generated through interest income on loans, arrangement fees as mandated lead arranger, and participation fees. The fund targets sustainable infrastructure projects with development impact.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

EAAIF provides long-term commercial debt financing (typically 15-25 year tenors) to private sector infrastructure projects across sub-Saharan Africa and parts of Asia. The fund offers sustainability-linked financing, blended finance solutions combining public and private capital, and acts as mandated lead arranger for complex project finance transactions. Target sectors include renewable energy, transportation, digital communications, water, and social infrastructure.

Product overview

EAAIF is a development finance fund managed by Ninety One within the Private Infrastructure Development Group (PIDG). The fund provides long-term commercial debt financing to private sector infrastructure projects across Africa and Asia, operating as a single unified fund rather than a platform with modular products. Its core offerings include commercial debt financing, sustainability-linked financing, and blended finance solutions that combine public and private capital. EAAIF has expanded into Asia (particularly the Philippines) and the MENA region (Egypt SAF project), while maintaining its primary focus on sub-Saharan Africa. The fund works in sectors including renewable energy, transportation, digital communications infrastructure, water and sanitation, and social infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Long-Term Commercial Debt Financing Long-term commercial debt (typically 15-25 year tenors) provided to private sector infrastructure developers and operators across Africa and Asia for new infrastructure development or expansion of existing facilities.
• Sustainability-Linked Financing

Quantifiable outcome

• Total investment of US$27,506 million mobilized
• +3 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered flagship, major, minor and core.

• Green Sky Capital / SAF Fly EgyptflagshipStrategic or Co-development Partner · 15 May 2026EAAIF provided US$40 million anchor commitment to Africa's first sustainable aviation fuel plant in Egypt, acting as Global Mandated Lead Arranger. US$212 million facility producing 200,000 tonnes per annum of biofuels.
• Cabo Verde AirportsflagshipStrategic or Co-development Partner · 26 February 2026EAAIF committed €40 million sustainability-linked financing for Phase 1B of airport network expansion, modernization, and decarbonization across seven airports in Cabo Verde.
• Vinci ConcessionsmajorStrategic or Co-development Partner · 26 February 2026Parent company of Cabo Verde Airports network, committed to increasing women in managerial roles to 40% and net zero emissions by 2050.
• Verdant EnergyflagshipStrategic or Co-development Partner · 16 February 2026EAAIF and Ninety One EMTD jointly committed $30 million for Verdant to acquire pioneering 16MW wind and 6MW/MWh storage project in Philippines - first engagement in the country for all parties.
• RaslagmajorStrategic or Co-development Partner · 16 February 2026Philippine renewable energy company co-investing with Verdant Energy in the wind and storage project. Local partner providing market expertise and operational support.
• FinergreenminorImplementation/ SI/ Consulting Partner · 16 February 2026Acted as Verdant Energy's exclusive financial advisor for the acquisition financing transaction.
• Private Infrastructure Development Group (PIDG)coreStrategic or Co-development PartnerEAAIF was established as the first company within PIDG. PIDG encourages private sector investment in infrastructure in low-income countries. PIDG provides complementary products including Technical Assistance Facility (viability gap funding grants), GuarantCo (credit guarantees), and DevCo (project evaluation support).
• ShellmajorChannel Partner/ Reseller/ DistributorCommitted to purchase SAF plant products on take-or-pay basis and acts as primary feedstock provider for the Egypt SAF facility.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• GuarantCo: Sister PIDG company providing credit guarantees in frontier and emerging markets. Closest direct peer given shared PIDG ownership, overlapping African/Asian footprint, and complementary roles in the same blended-finance architecture.
• DevCo (PIDG): PIDG's project development vehicle providing early-stage development capital and advisory to infrastructure projects. Directly comparable as a sister PIDG entity serving the same private-sector infrastructure developers in EAAIF's target markets.
• FMO (Dutch Entrepreneurial Development Bank): Dutch DFI providing long-term debt and equity to private-sector projects in developing countries. Direct peer as a long-standing EAAIF co-lender (e.g., Senegal solar-plus-storage, Bugoye hydro) targeting the same renewable-energy and infrastructure opportunities.
• Proparco: Agence Française de Développement's private-sector subsidiary providing long-term debt and equity to African and Asian infrastructure. Direct peer as a European DFI co-lender on the same digital and renewable-energy transactions (e.g., WIOCC).

Broad incumbents

• International Finance Corporation (IFC): World Bank Group's private-sector arm and the largest emerging-market DFI. Closest broad incumbent—provides long-term debt, equity and advisory to private infrastructure in the same geographies and sectors as EAAIF, often as co-lender (e.g., WIOCC).
• KfW Development Bank: German state development bank financing infrastructure and renewable energy in Africa and Asia. Frequently co-invests with EAAIF (e.g., 2024 US$294M raise, Senegal solar), making it both a capital provider and a comparable DFI infrastructure lender.
• African Development Bank (AfDB): Continental DFI providing infrastructure financing across Africa. Direct comparator as both an EAAIF lender (US$100M approved Nov 2025) and a competing originator of large African infrastructure debt transactions.
• British International Investment (BII): UK development finance institution investing in African and South Asian infrastructure and businesses. Comparable as a UK-backed DFI competing for the same private-sector infrastructure deals and often partnering with EAAIF's PIDG network.

Regional players

• MIGA (Multilateral Investment Guarantee Agency): World Bank Group political risk insurance provider for emerging-market FDI. Adjacent peer offering risk-mitigation products that complement EAAIF's debt and overlap with PIDG's GuarantCo in de-risking African/Asian infrastructure investment.

Emerging players

• Ninety One Emerging Market Transition Debt (EMTD): Ninety One's dedicated emerging-market transition debt strategy that co-invests alongside EAAIF (e.g., Philippines wind, Egypt SAF). Closest emerging player given shared parent, parallel climate-debt mandate, and joint deal-origination model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds4 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments19 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Emerging Africa and Asia Infrastructure Fund