Africa Infrastructure Fund secures $100 million loan from AfDB

Akinwunmi Adesina, President of the AfDB       In the bid to reduce the huge infrastructure financing gap in Sub-Sahara Africa, the African Development Bank has approved US $100 million to The Emerging Africa Infrastructure Fund (EAIF), a Public Private Partnership (PPP) company, to reduce gap. Through a US $325-365m million debt raise, EAIF ...