A multilateral development bank grants $100 million loan to an emerging-markets infrastructure fund to support development of sustainable infrastructure
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A multilateral development bank is providing a $100 million loan to an emerging-markets infrastructure fund to mobilize private capital for sustainable infrastructure projects across Africa and Asia, including renewable energy, digital connectivity, and transport. The fund targets inclusive growth and climate resilience while closing Africa's infrastructure financing gap.
About this grant
The African Development Bank Group has approved a $100 million loan to the Emerging Africa and Asia Infrastructure Fund (EAAIF) to support the development of sustainable infrastructure across Africa. The financing will help the Fund attract private investment and support projects in renewable energy, digital connectivity, transport, and other key sectors that promote inclusive growth and climate resilience. EAAIF is a Private Infrastructure Development Group (PIDG) company, managed by the investment firm Ninety One. …
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Frequently asked questions
- How much funding does this grant offer?
- A multilateral development bank grants $100 million loan to an emerging-markets infrastructure fund to support development of sustainable infrastructure offers $2 – $850.0M.
- Who can apply for A multilateral development bank grants $100 million loan to an emerging-markets infrastructure fund to support development of sustainable infrastructure?
- Eligibility covers organisations in AFRICA, ASIA; large-company, nonprofit. The full eligibility conditions are part of the Pro detail.
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