EU - Africa Infrastructure Trust Fund (EU-AITF)

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Author: Kevin

Established in 2007 by the European Commission and European Union Member States, the EU-Africa Infrastructure Trust Fund (EU-AITF) has since made a significant contribution to increase investment in infrastructure in Sub-Saharan Africa. It has done so by blending long term loans from participating financiers with grant resources from Donors, in four different sectors of activity (water, energy, transport, ICT).

In 2019, i.e. twelve years after the Fund’s operations started, Donors decided on the use of the EU-AITF’s remaining resources. This decision concludes the Fund’s commitment phase during which the EU-AITF approved more than 120 grant operations worth EUR 763 million.

Status
Halted
Start Year
2007
Geographical Scope
Regional
Main Objectives

To promote investment in infrastructure in sub-Saharan Africa1 through various forms of grants, which are blended with long-term investments by selected development finance institutions

Negotiations involved
Bilaterals involved
Multilaterals involved
Countries
Benin
Cameroon
Central African Republic
Côte d’Ivoire
Ghana
Kenya
Liberia
Mauritius
Namibia
Nigeria
Sierra Leone
Togo
Zambia
Partnering Entities
The European Union (EU)
Department for International Development - DFID
Austrian Development Agency
Type of Technical Assistance
Modes of Financing
Budget (in millions)
763.00
Currency
Euro
Sources

https://www.eu-africa-infrastructure-tf.net

Contact Person or Organization

eu-africa-itf@eib.org