The Private Infrastructure Development Group’s (PIDG) long-term infrastructure debt business, the Emerging Africa Infrastructure Fund (EAIF) saw its loan book break through the $1 billion mark in 2020. EAIF signed eight new projects, bringing the loan book value to $1.04 billion. The fund committed $243 million in new loans to eight projects in digital and telecommunications, energy generation, manufacturing, transportation and logistics and bulk storage.

Managed by Ninety One, EAIF ...