EAIF has now supported green electricity generation in nine countries. The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector. EAIF has provided a US$35 million loan over a 15-year term to the […]
Emerging Africa Infrastructure Fund to invest in West African hydro and solar
The Emerging Africa Infrastructure Fund (EAIF) plans further investments in hydro and solar power in West Africa after making a loan for a solar power plant in Burkina Faso. Talks on the hydropower investment in an unnamed country in Francophone West Africa, which will be worth at least $100m, are “very well advanced” and may […]
EAIF reveals new milestones for clean energy projects in Africa
PIDG company Emerging Africa Infrastructure Fund (EAIF) announced milestones for clean energy projects for Mozambique, Uganda and Tanzania. Two Emerging Africa Infrastructure Fund (EAIF) renewable energy projects will produce a total of 54MW of clean power. Mozambique’s President Filipe Jacinto Nyusi on 10 August declared open the 40MWCentral Solar de Mocuba (CESOM) solar power plant. […]