Emerging Africa Infrastructure Fund
Impact investorLondon · 23 people tracked
Investment thesis
EAAIF addresses the large infrastructure funding gap in Africa and Asia by mobilising public and private debt capital through a blended-finance model. It specialises in lending to commercially sound infrastructure projects in frontier economies that would otherwise struggle to attract backing, while requiring significant, measurable socio-economic impact and strong health, safety and ESG performance. Anchored by the UK, Dutch, Swedish and Swiss governments and supported by private investors and DFIs, the fund provides patient capital across nine sectors. It typically lends between US$10 million and US$65 million with tenors up to 15, and if needed 20, years, holding an A2 Moody's rating with a low default rate.
Source: firm website, verified Aug 3, 2026.
Team · 23 people
from the firm's website
Has 12 years of experience in infrastructure businesses, including project finance and infrastructure investing. Previously worked on Investec's Credit Opportunities strategy and at Investec Bank; holds a mechanical engineering degree from UCT and an MBA from Imperial College London.
Has over 15 years of infrastructure finance experience across advisory, project, corporate and structured finance in emerging and developed markets, and has worked with EAAIF since 2008. Previously at FMO's Africa Infrastructure department, T-Mobile and Tebodin; holds an MSc from Nyenrode Business University.
Has over 12 years of infrastructure finance experience and has worked with EAAIF since 2008 providing debt and mezzanine financing. Previously at Royal Bank of Scotland and Santander; holds a BA from the University of Pennsylvania and an MSc from LSE.
Has over 30 years of banking experience in project and structured finance, M&A, corporate finance, private equity and venture capital across emerging and OECD countries. Began representing EAAIF in 2007; previously at Ermgassen & Co, EBRD, Citigroup and Merrill Lynch.
A portfolio manager and credit analyst who has invested in emerging market debt since 2004 across Asia, South America, Emerging Europe and Africa. Joined EAAIF in Cape Town in 2023 after roles at Ashmore and Aberdeen; a CFA charterholder with a law degree from UCL.
Has 8 years of infrastructure finance and M&A experience in developing and emerging economies and has worked with EAAIF since late 2009. Previously at DVB Bank, Ernst & Young India and SBI Capital Markets; an electrical engineer with an MBA.
Has worked with EAAIF since 2011 and moved with the team to Ninety One in 2016. Previously gained transaction modelling and financial due diligence experience at Pitcher Partners Consulting in Australia; a CFA charterholder with a BCom/BEc from Monash University.
Joined Ninety One in 2021 focusing on EAAIF infrastructure financings, with over 10 years in the infrastructure sector combining industry and investment skills. Previously at CDC Group, ABN Amro PE Infra Fund, Atkins SNC-Lavalin and EDF; holds an MSc from UCL.
A transaction manager who has worked on EAAIF since 2008 and moved to Ninety One in 2016, responsible for monitoring, administration, KYC and reporting. Previously senior operations and portfolio manager for EAAIF and GuarantCo at Frontier Markets Fund Managers.
Legal counsel in Ninety One's Legal team providing legal assistance for EAAIF infrastructure transactions. Previously an associate at Webber Wentzel working on projects in Sub-Saharan Africa; holds a law degree (summa cum laude).
Heads Ninety One's Transaction Management team overseeing monitoring, administration and reporting of private market portfolios. Previously spent 11 years at Man Group, most recently as COO for product development, legal and regulatory; holds an MBA from Cambridge.
Joined Ninety One in 2019 as an Investment Specialist on the EAAIF team. Graduated from ESSEC Business School and advises a Black-led pharma-tech startup.
An investment specialist in Ninety One's Emerging Market Alternative Credit team handling origination, credit analysis, transaction execution and client management. Previously a transaction manager at Ninety One; holds degrees from UCT and has passed CFA Level 2.
Supports measurement and monitoring of development impact for EAAIF and PIDG objectives. Previously founded MG Advisory Ltd and spent 7 years as an investment manager at AgDevCo; holds an MSc from LSE and a CFA Certificate in ESG Investing.
Responsible for ESG integration across alternative credit strategies and ESG due diligence on project finance transactions. Previously at thinkstep and Frost & Sullivan; holds a chemical engineering degree from UCT and passed CFA Level II.
Chief Sustainability Officer at Ninety One overseeing firm-wide sustainability initiatives; her remit has included EAAIF. Previously Head of SA Investments and co-Head of SA & Africa Fixed Income; a CFA charterholder with a degree from UCT.
An ESG specialist within Ninety One's Fixed Income team responsible for ESG due diligence and portfolio management of EAAIF's private credit investments. Previously an ESG officer at The Abraaj Group; holds an MBA from Wits Business School.
A client director and team leader in Ninety One's SA Institutional team managing larger global client relationships. Joined the fixed income team as an analyst in London covering global financials and Africa credit; a CFA charterholder.
Joined Ninety One in 2022 as an Investment Specialist focusing on EAAIF. Previously an associate transactor at Standard Bank and a manager at KPMG's Infrastructure and Financing Deal Advisory division; a qualified Chartered Accountant (SA).
A transaction manager responsible for monitoring, administration, reporting and KYC oversight for EAAIF. Joined in 2016 after practicing as a legal associate at Shepstone & Wylie; holds law and social science degrees from UCT.
A transaction manager responsible for managing EAAIF's obligations and reporting requirements. Previously spent 22 years at Investec Specialist Bank as an operational risk manager and private banker.
A credit analyst in Ninety One's SA & Africa Credit team focused on project finance and infrastructure debt. Previously a credit analyst at Nedbank's Corporate and Investment Banking Division; holds a chemical engineering degree from UCT.
An ESG analyst providing ESG support to EAAIF. Previously a registered Senior Environmental Assessment Practitioner working on infrastructure projects in Africa; holds an MSc in Ecological Science from the University of KwaZulu Natal.
Frequently asked questions
- What is Emerging Africa Infrastructure Fund's typical check size?
- Emerging Africa Infrastructure Fund typically writes checks of $10M – $65M.
- What sectors does Emerging Africa Infrastructure Fund focus on?
- Emerging Africa Infrastructure Fund focuses on Cleantech, Climate Tech, Construction Tech, Data & Infrastructure, Energy, Impact & Social Good, Mobility & Transportation.
- Where is Emerging Africa Infrastructure Fund located?
- Emerging Africa Infrastructure Fund is headquartered in London, GB.
Images
Similar investors
Africa Finance Corporation (AFC) is an infrastructure investment and financing institution offering opportunities and partnerships across the African continent.
VoLo Earth Ventures is an early-stage venture capital firm focused on backing companies scaling the energy transition across generation, grids, storage, and end-use.
Suma Capital is a Spanish investment manager focused on sustainability and the energy transition, with strategies spanning infrastructure, expansion capital, and venture.
ISV (Impact Science Ventures) is an early-stage investor and company builder focused on industrial innovation, backing startups that commercialize scientific breakthroughs across energy, materials, agriculture, and the built environment.
Streetlife Ventures is an early-stage venture firm investing in startups building the infrastructure of sustainable cities, across mobility & logistics, buildings, water & waste, energy, and climate adaptation.