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Meridiam Infrastructure Africa Fund


Period
2015 - ongoing

Implementing agencies
Meridiam

African partners
Government, Other public body, Private sector, Civil society

Names of African partners involved

Donor involvement (incl. IOs)
Multilaterals involved

Names of donors involved (incl. IOs
EIB, OPIC

Geographical scope
Continental

Countries where active
Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde Islands, Central African Republic, Chad Republic, Comoros, Congo, Libya, Dem. Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Gabon Republic, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali Republic, Mauritania, Morocco, Mozambique, Namibia, Niger Republic, Nigeria, Principe, Rwanda, Senegal Republic, Seychelles, Sierra Leone, Somalia Republic, South Africa, South Sudan, Sudan, Swaziland, Tanzania, Togo, Tunisia, Uganda, Zambia, Zimbabwe, Western Sahara, Mauritius

Sectors
Renewables, Electricity, Heating and Cooling, Energy Efficiency, Cooking Energy

Sub Sectors (Electricity)
Grid connected generation, Mini-grids, Stand-alone off-grid

Type of intervention
Operative program / delivery mechanism (downstream)

Type of technical assistance
Project preparation / implementation

Gender focus
No

Climate focus
Yes

Type of financing
Debt

Main objectives
The fund will finance infrastructure projects in the sectors of energy and power, transportation, environmental infrastructure, social infrastructure and telecommunications infrastructure in African countries.

Main activities
The fund will make 8-10 investments predominantly in greenfield projects, but may also invest in selected secondary projects at the operational stage. The fund will generally seek to acquire significant minority or majority stakes of the junior/equity capital in each project with strong corporate governance rights to be able to monitor and manage project risks.

Comments

Sources
http://www.eib.org/projects/pipelines/pipeline/20140518

Contact information
r.willis@eib.org

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