EU - Africa Infrastructure Trust Fund (EU-AITF)

Author — Wed, 02 Dec 2020 12:09:03 +0000

EU - Africa Infrastructure Trust Fund (EU-AITF) Author Wed, 12/02/2020 - 15:09

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.

Start Year

2007

End Year

Ongoing

Status

On Hold

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

Main Activities

Outcomes and Impact

Negotiations involved

Bilaterals involved

Multilaterals involved

Countries Active

Benin

Cameroon

Central African Republic

Côte d’Ivoire

Ghana

Kenya