Ninety One's EAAIF secures $100m from Export Finance Australia
The commitment reinforces EAAIF’s expansion to Asian markets.
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The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has secured a $100 million debt facility from Export Finance Australia (EFA). The commitment reinforces EAAIF’s expansion to Asian markets and plans to mobilise investment for strategic infrastructure in South and Southeast Asia.
The $100 million facility will enable EAAIF to deepen exposure to infrastructure opportunities that accelerate action on energy access, commercial and industrial solar solutions, digital communications infrastructure and sustainable transport solutions.
In a joint statement, Olivia Carballo, managing director in Ninety One’s Emerging Market Alternative Credit team, and Martijn Proos, co-head of the same team, said: “Through our collaboration with the Australian government, Export Finance Australia is supporting the fund to deliver sustainable infrastructure and clean energy projects across the Indo-Pacific. This partnership enables access to high-growth markets through a blended finance vehicle. By collaborating domestically, we are able to deliver resilient, climate-smart infrastructure to some of the fastest-growing yet underserved markets – bridging the financing gap and creating opportunities for people, communities and ambitious businesses across the region.”
John Hopkins, managing director and CEO of EFA, said: “Our investment in EAAIF enables us to support a diverse pipeline of renewable energy and infrastructure projects while partnering with a proven fund manager and a globally recognised development finance platform. It also demonstrates the value of working with like-minded partners to crowd in private capital and help close the infrastructure financing gap in the region.”
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