Emerging Africa & Asia Infrastructure Fund

GuarantCo and The Private Infrastructure Development Group were delighted to join Acorn Holdings Limited this morning to celebrate the successful redemption of the first green bond issued in East Africa. This important milestone was recognised with a Bell Ringing Ceremony at Nairobi Securities Exchange PLC. GuarantCo and colleagues across The Private Infrastructure Development Group, including InfraCo Africa, #PIDGTA and the Emerging Africa & Asia Infrastructure Fund, have worked closely with Acorn Holdings Limited over the past five years to help realise its vision for green, safe and affordable student accommodation in Nairobi. From the outset, Acorn’s programme has aligned closely with the mission of PIDG to finance projects aligned with the United Nations’ #SustainableDevelopmentGoals. The construction of the environmentally friendly student accommodation meets international green building standards for water, energy and construction materials, ensuring lower operation costs and a low-carbon impact over the long term. The project also supports gender equality aspirations with half of the students calling it home to be women. Surabhi Visser Samuel Chasia Linda Berhanu Admassu Mercy W. Wairua Celia TOURÉ Jasper Onyango Victoria Zena Njuki, PE Lydwine Auko #impactinvestment #sustainableinfrastructure #creditsolutions https://lnkd.in/drajPu9u

The Emerging Africa Infrastructure Fund (EAIF), a The Private Infrastructure Development Group company, managed by Ninety One, would like to announce its expanded mandate to stimulate sustainable infrastructure investment and growth in South and Southeast Asia. We have consequently been renamed the Emerging Africa & Asia Infrastructure Fund (EAAIF). Our new name reflects the ambition to invest more than $1 billion in emerging Asian and African economies over the next 4 years, building on more than $2.5 billion committed and the mobilisation of more than $16 billion in private sector investment to African infrastructure over the past 21 years. We are excited to see what the next chapter holds and would like to thank all our stakeholders and partners for the journey thus far! https://bit.ly/3UhQ7j8 #EAAIF #AfricanAsianInvestment #InfrastructureInvestment

The Emerging Africa Infrastructure Fund (EAIF), a The Private Infrastructure Development Group company, will attend the GIIN Impact Forum 2024 in Amsterdam next week on October 23 and 24. The forum is a key opportunity to: - Forge strategic partnerships that can accelerate green infrastructure development - Engage with investors and thought leaders focused on ESG (Environmental, Social, and Governance) investing - Exchange insights on market trends and best practices in sustainable finance We look forward to meeting with stakeholders to explore innovative financing solutions and identify impactful projects that can shape a more sustainable future. If you’re attending the forum, we’d love to connect! Please contact Mariana G., Investment Specialist, Sustainability and Impact, Ninety One, for more details. Let’s work together to create long-term value while making a positive difference for our planet! #GIIN2024 #EAIF #ImpactInvesting

Martijn Proos, Co-Head of Emerging Market Credit, at the Emerging Africa Infrastructure Fund (EAIF), a The Private Infrastructure Development Group company, will be speaking on a panel Tuesday October 8 entitled, 'Is Africa's Infrastructure Led Growth Experiment Faltering', where he will be discussing opportunities and challenges investing in infrastructure across the continent. #afsic2024 #InfrastructureInvestment #InfrastructureInAfrica

We’re proud to announce that Moody's has reaffirmed the Emerging Africa Infrastructure Fund's (EAIF), a The Private Infrastructure Development Group (PIDG) company, long-term foreign-currency issuer rating at A2, with a stable outlook. This endorsement highlights EAIF's strong capital position, highly rated shareholder base, diversified portfolio and proven ability to raise funding from a group of prestigious commercial and institutional investors. It also underscores the Fund’s consistent track record of performance since Moody’s first issued the A2 rating in 2022. Over the past two decades, EAIF has successfully concluded 9 rounds of debt raising, mobilising over $1.68 billion from a mix of DFIs, commercial lenders, and institutional investors. Our efforts have directly benefited 159 million people through EAIF-funded projects, and we are ready to do more as we advance our plans to enter selected emerging and frontier markets in South and Southeast Asia. In 2023, EAIF successfully raised $294 million of additional debt facilities, in one of the largest capital raises in recent years. The funding bolsters our plan to invest over US$800 million in strategic infrastructure and economic growth in developing economies over the next few years. #Moody's #InfrastructureDevelopment #DebtInvestment

Martijn Proos, Co-Head of Emerging Market Alternative Credit, Ninety One, the fund manager of the Emerging Africa Infrastructure Fund (EAIF),  The Private Infrastructure Development Group (PIDG) company, will speak at the Infrastructure Investor Forum in London on Thursday, 12th September. Martijn will speak on the panel, 'Infrastructure debt and project financing - a growing role in investor portfolios?' among other captains of industry from Caisse de dépôt et placement du Québec (CDPQ), Universities Superannuation Scheme (Ltd), Aviva Investors and Astrid Advisors. Martijn will unpack EAIF's strategy as the Fund accelerates the energy transition and drives investor action in transmission and distribution, digital infrastructure, and beyond. EAIF is one of the first blended finance debt funds to meet the needs of African infrastructure. For over 20 years, EAIF has provided long-term commercial debt to inclusive and impactful infrastructure projects in Africa. #InfrastructureInvestorForum #InfrastructureDebt #Infrastructure #Emergingmarkets #EmergingMarketAlternativeCredit #Africa #Privatedebt

In this article by African Business Magazine, Martijn Proos exemplifies how a “multifaceted approach” involving “innovative financing mechanisms” is needed to drive investment into battery energy storage systems (BESS) technology in Africa. The Emerging Africa Infrastructure Fund (EAIF), a The Private Infrastructure Development Group (PIDG), company has been driving BESS investment in Africa. Last year, EAIF invested EUR 11.5 million in Senegal's first project-financed solar PV and battery energy storage system project. The Walo facility will feature a 10 MW/20MWh BESS supplied by a 16 MWp solar photovoltaic plant. EAIF also provided US$19 million in debt funding to Cuamba Solar, a 7 MWh energy storage plant in Mozambique,  along with $7 million of viability gap funding from Private Infrastructure Development Group (PIDG)  Technical Assistance (TA). Read more here: https://lnkd.in/dv-iwkYs

Today we announced that Helios Climate, Energy Access, and Resilience (CLEAR) Fund has achieved its first close. The fund has secured approximately US$200 million in anchor investment from eight leading institutions and aims to become the largest Africa-focused climate fund. Learn more: https://bit.ly/3YpUyv4 InfraCo Africa GuarantCo InfraCo Asia Emerging Africa Infrastructure Fund

We were delighted to host the UK Minister for Development, Anneliese Dodds, to discuss mobilising #climate finance and what steps can we take to unlock significantly more private finance for the Sustainable Development Goals (SDGs). Foreign, Commonwealth and Development Office, MOBILIST Global, British International Investment, Allianz Global Investors InfraCo Africa, InfraCo Asia, Emerging Africa Infrastructure Fund, GuarantCo

We were delighted to host the UK Minister for Development, Anneliese Dodds, to discuss mobilising #climate finance and what steps can we take to unlock significantly more private finance for the Sustainable Development Goals (SDGs). Foreign, Commonwealth and Development Office, MOBILIST Global, British International Investment, Allianz Global Investors InfraCo Africa, InfraCo Asia, Emerging Africa Infrastructure Fund, GuarantCo