The Emerging Africa and Asia Infrastructure Fund (EAAIF) has secured a $100 million credit line from Export Finance Australia, strengthening its ability to finance critical projects in emerging markets across both continents.
According to Energy Capital & Power, the funding focuses on key sectors such as energy, sustainable transport, digital communications, and industrial solar solutions. The EAAIF is backed by $396 million in equity capital from the governments of the United Kingdom, Switzerland, the Netherlands, and Sweden, and is managed by Ninety One, an asset management firm. The fund aims to support economic growth in emerging economies by offering a range of investment solutions.
Ninety One’s Managing Director Olivia Carballo and Co-Head of Emerging Market Alternative Credit Martijn Proos stated that this partnership will enable “access to high-growth markets through a blended finance vehicle. By collaborating at the national level, we are able to deliver resilient and climate-smart infrastructure to some of the fastest-growing markets, bridging the financing gap and creating opportunities for people, communities, and ambitious businesses throughout the region.”
Source: Diário Económico
