The Emerging Africa Infrastructure Fund (EAIF) saw its loan portfolio grow by 16% in 2019. It expects its portfolio value to reach and exceed the $1 billion barrier during 2020.

In 2019 it made $242 million of new loan commitments in projects in Gabon, Ghana, Guinea, Côte d’Ivoire, Kenya, Mozambique and Uganda. Eight projects were signed, while six have since reached financial close.

EAIF supported efficient, low carbon technology infrastructure projects in rene...