Emerging Africa Infrastructure Fund expands mandate to Asia
EAIF has been consequently renamed the Emerging Africa and Asia Infrastructure Fund.
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The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, managed by Ninety One, has announced its expanded mandate to stimulate sustainable infrastructure investment and growth in South and Southeast Asia. EAIF has been consequently renamed the Emerging Africa and Asia Infrastructure Fund (EAAIF).
Philippe Valahu, CEO of PIDG remarked, “We are delighted to formally expand the fund’s mandate. The integrated approach will enable EAAIF to benefit from PIDG’s expertise across the two regions and deliver impact at scale.”
Martijn Proos, co-head of EM alternative credit and managing director for EAAIF at Ninety One, noted: “As sustainable infrastructure financing becomes a more significant priority for countries across the globe, we are delighted to announce EAAIF's expansion into Asia. This expansion enables the fund to further diversify its portfolio, and share expertise from the team's project, corporate and structured finance, asset management, and de-risking expertise across geographies in Asia and Africa – creating economic opportunities that deliver impact and commercially sound returns.”
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