The Emerging Africa Infrastructure Fund Ltd

The Emerging Africa Infrastructure Fund Ltd. (EAIF) is a Public Private Partnership able to provide long-term debt or mezzanine finance on commercial terms to finance the construction and development of private sector infrastructure projects. EAIF was set up in 2001 as the first multi-donor PIDG Facility, and was the first dedicated debt fund able to operate across sub-Saharan Africa (except Mauritius). EAIF aims to address the market gap created by the high-interest short-term loans provided by commercial banks in the region, which are typically inappropriate for infrastructure financing. While EAIF lends on commercial terms, it aims to support projects that promote economic growth and reduce poverty, benefit broad population groups, address issues of equity and participation, and promote social and cultural rights.;