The Emerging Africa & Asia Infrastructure Fund (EAAIF), managed by Ninety One, has secured a $100 million debt facility from Export Finance Australia (EFA). This strategic commitment underscores EAAIF’s ambition to expand its footprint into Asian markets and mobilize capital for critical infrastructure projects across South and Southeast Asia.
The newly secured facility will empower EAAIF to broaden its investment portfolio in sectors that drive sustainable development and economic growth. Key focus areas include:
- Energy Access: Expanding renewable energy solutions to underserved regions.
- Commercial and Industrial Solar: Supporting businesses with clean, cost-effective energy alternatives.
- Digital Communications Infrastructure: Enhancing connectivity to foster digital inclusion.
- Sustainable Transport Solutions: Promoting low-carbon mobility systems.
In a joint statement, Olivia Carballo and Martijn Proos, Managing Director and Co-Head of Ninety One’s Emerging Market Alternative Credit team, emphasized the transformative nature of this partnership:
Through our collaboration with the Australian government, Export Finance Australia is enabling the fund to deliver sustainable infrastructure and clean energy projects across the Indo-Pacific. This partnership provides access to high-growth markets through a blended finance model. By leveraging domestic collaboration, we can 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, highlighted the strategic value of the investment:
Our investment in EAAIF allows us to support a diverse pipeline of renewable energy and infrastructure projects while partnering with a proven fund manager and a globally recognized development finance platform. This initiative demonstrates the power of working with like-minded partners to attract private capital and help close the infrastructure financing gap in the region.
