EAAIF Long-Term Commercial Debt for Infrastructure Grant

About this grant

The Emerging Africa & Asia Infrastructure Fund (EAAIF, formerly the Emerging Africa Infrastructure Fund, EAIF) is a Private Infrastructure Development Group (PIDG) company managed by Ninety One. It provides long-term commercial debt for infrastructure projects in Africa and parts of Asia, with a stated focus on inclusive and impactful projects. The page describes the fund as a source of debt finance rather than grants. The fund mainly supports private sector infrastructure projects that create new or expand existing facilities. The page lists sector focus areas including social infrastructure, transmission and distribution, digital communications infrastructure, renewable energy, logistics and warehousing, bulk storage, transportation, and infrastructure supporting agriculture and mining. The page cites example transactions: US$33m of debt for Raxio data centres across several African countries, US$50m for the Dakar Toll Road extension and upgrade in Senegal, and US$42m for a 46 MW biomass plant in Côte d'Ivoire. Recent news also reports a US$30m loan to Hassan Allam Utilities for a solar and storage project in Egypt, a US$50m facility with Ukko Renewable in Southeast Asia, and a partnership with British International Investment for Blueleaf Energy in India. The page states that the fund welcomes enquiries from companies in Africa and worldwide that want to grow businesses in sub-Saharan Africa, and from financial advisers and specialist consultants. Applicants are invited to get in touch if they seek debt finance for an infrastructure project in sub-Saharan Africa.

Eligibility

The page directs enquiries from companies in Africa and worldwide that want to grow their businesses in sub-Saharan Africa and share the fund's commitment to the continent and its peoples. Financial advisers and specialist consultants are also welcome to enquire. The fund mainly supports private sector infrastructure projects that create new or expand existing facilities. The page describes debt finance for infrastructure projects in sub-Saharan Africa as the core offer, while recent deals and news also reference Asia. No organisation size, stage, or prior-recipient rules are stated.

Key requirements

• ✓Private sector infrastructure project in sub-Saharan Africa or parts of Asia
• ✓New or expanding facility across eligible sectors (renewable energy, digital communications, transportation, etc.)
• ✓Commercial debt financing structure with long-term repayment capacity

Recent past awardees

Knowing who's won the last rounds tells you whether you're in the strike zone.

• Raxio Data Centres · $33M
• Dakar Toll Road (A1 motorway extension and upgrade) · $50M
• Biovea Biomass Plant · 2021 · $42M
• Hassan Allam Utilities (Minya solar and storage) · 2026 · $30M
• Ukko Renewable Pte. Ltd. · 2026 · $50M
• Blueleaf Energy · 2026

Funder contact

The notice names a programme contact you can speak to before applying.

Frequently asked questions

Who can apply for EAAIF Long-Term Commercial Debt for Infrastructure?

Eligibility covers organisations in SUBSAHARAN-AFRICA, ASIA; large-company, sme, startup, consortium. See the eligibility criteria above for the full conditions.

Relevant sectors

About this sector

Renewable energy funding covers solar, wind, hydropower, geothermal and bioenergy, from early research to grid-scale deployment. Public money tends to back demonstration, grid connection and access to energy in emerging markets, while procurement notices buy installation, operation and maintenance. Calls often ask for proof of resource assessment, permitting progress and local partners.