Infrastructure : EAAIF Raises $325M to Accelerate Investments in Africa and Asia

On May 20, 2025, the Emerging Africa & Asia Infrastructure Fund (EAAIF), a subsidiary of the Private Infrastructure Development Group (PIDG), announced a $325 million fundraising round, following $294 million raised in 2024. This funding surpasses the $500 million target set for 2025. With these resources, EAAIF plans to invest over $1 billion by 2028 in renewable energy, digital economies, and energy markets. PIDG CEO Philippe Valahu aims for $9 billion in new commitments by 2030.