Multinational - Emerging Africa Infrastructure Fund Project 3 (EAIF3)

Project Summary

Approval Date 11 Dec 2017
Signature Date 19 Mar 2018
Sovereign / Non-Sovereign Non Sovereign
Sector Multi-Sector
DAC Sector Code 73010
Commitment U.A 56,079,797.81
Status Implementation

Project General Description

The project relates to the financing of the Emerging Africa Infrastructure Fund Ltd (EAIF) in response to the company's strategy to grow its loan portfolio and reduce infrastructure financing gap in the sub-Saharan Africa. EAIF is a debt fund which provides loans to infrastructure projects in Africa. It was established in 2001 and has since then committed over USD$ 900 mln to more than 40 projects in developing countries. In light of Fund's balance sheet strength and its plans to grow the loan portfolio over the next 3-4 years, the existing debt facilities no longer meet the Fund's requirements. Accordingly, the Fund is seeking for new debt facilities of up to US$ 300-350mn through a combination of long and medium term senior secured loans and continued Revolving Credit Facilities.

Project Objectives

The project objective is to increase infrastructure investments in SSA through private sector participation.


The final beneficiaries of this funding are public sector actors (such as stand-alone, commercially-managed public enterprises for partial financing of subprojects) as well as those in the private sector (such as small and medium-sized enterprises).

Participating Organization

The Emerging Africa Infrastructure Fund
African Development Bank


IATI identifier 46002-P-Z1-KE0-023
Last Update 31 Mar 2023


Contact Details

Name Daniel Constant M'PENG BAYOI

Geographic Location

Country Multinational
Coordinates Location Name
-33.92584 18.42322 Cape Town