EU-Africa Infrastructure Trust Fund

Title EU-Africa Infrastructure Trust Fund
E-mail, phone number and mailing address

EU-Africa Infrastructure TrustFund
c/o EUROPEAN INVESTMENT BANK
98-100, bd Konrad Adenauer
L-2950 Luxembourg

Tel: (+352) 4379 86108

Email: eu-africa-itf@eib.org

Facility URL www.eu-africa-infrastructure-tf.net/
Facility Objectives

Created in 2007, the aim of the EU-Africa Infrastructure Trust Fund (EU-AITF) is to promote increased investment in infrastructure projects in Sub-Saharan Africa – both in projects with a regional impact or national projects that support the Sustainable Energy For All (SE4ALL) objectives.  

The EU-AITF combines long-term investments from development finance institutions (loans, risk capital, etc) with grant monies to gain financial and qualitative leverage as well as project sustainability.  EU-AITF donor contributions stem from the European Commission and from thirteen European Union member states.

Key activities The EU-AITF offers:
  • Technical assistance - in support of all project phases
  • Interest rate subsidies - to reduce the total amount of debt service of the borrower
  • Investment Grants - to finance project components or part of the investment to decrease the total investment cost
  • Financial Instruments - such as guarantees, risk mitigation measures, equity or quasi-equity investments or participations
Type of finance provided

Grants

Size of project supported

The size of infrastructure projects supported by EU-AITF grants is usually in the range of US$1,000,000 – US$600,000,000

Range of funding provided (min/max)

There are no formal minimum or maximum requirements but grant funding is usually in the range of US$300,000 – US$35,000,000 per request

Beneficiaries supported

Public; private; public-private partnerships

Project type

Regional; cross-border; national

Project preparation phases supported

Enabling environment; project identification; project definition; project feasibility; project structuring; transaction support; post-implementation support.

Application process As a blending instrument, EU-AITF grants are provided alongside long-term financing from a selected development finance institution (the “Financiers”). Only the EU-AITF Financiers are entitled to submit grant requests. Project promoters should therefore approach one of the EU-AITF Financiers with their project proposal. If interested, the Financier will discuss the proposal with the other Financiers. As a group, they form an opinion on the project and, if positive, submit the grant request to the group of EU-AITF Donors (the EU-AITF Executive Committee). The Committee ultimately takes a decision on EU-AITF grant funding.
Eligibility exclusions Eligibility considerations for projects include:
  • Contribution to poverty reduction
  • Contribution to economic development and trade
  • Economic viability
  • Environmental viability, and mitigation of potential impacts
  • Provision for sustainable operation and maintenance
Countries Mauritania, Benin, Burkina Faso, Cape Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria, São Tomé & Príncipe, Senegal, Sierra Leone, Togo, Burundi, Comoros, Djibouti, Eritrea, Ethiopia, Kenya, Rwanda, Seychelles, South Sudan, Sudan, Tanzania, Uganda, Cameroon, Central African Republic, Chad, Congo-Brazzaville, Democratic Republic of Congo, Equatorial Guinea, Gabon, Angola, Botswana, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Swaziland, Zambia, Zimbabwe
Sub-Sectors

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