Project News Details
Title:
MULTINATIONAL - Fourth Corporate Loan to the Emerging Africa & Asia Infrastructure Fund (EAAIF-4)
Detail:
The proposed project entails providing a fourth corporate loan to the Emerging Africa & Asia Infrastructure Fund (EAAIF or the Fund) in support of its 2025–2027 Business Plan (BP). This is a senior loan of USD 100 million with a tenor of up to 12 years, inclusive of a 4-year grace period. EAAIF, formerly known as Emerging Africa Infrastructural Fund (until October 2024, when it expanded to include Asia), was established in Mauritius in 2001 to finance infrastructure projects. The fund is managed by Ninety-One, an investment management firm established in 1991 in Cape Town, with additional offices located in London, Singapore, Hong Kong, and New York. Over the plan period, the Fund aims to finance approximately USD 865 million in committed investments over 3 fundraising rounds occurring in 2025, 2026 and 2027 respectively.
Source:
African Development Bank Group
Published Date:
23.10.2025
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