Business · 2026-10-26 · Morning briefing

PIDG to deploy $1bn yearly for Africa, Asia infrastructure

The Private Infrastructure Development Group, which operates in Africa and Asia, will deploy at least $1 billion in capital each year until 2030. The sustained annual investment reflects growing investor appetite for infrastructure facilities across the two continents.

According to Philippe Valahu, the group's chief executive, the funds will primarily target renewable energy projects, including solar, wind, hydropower, and geothermal facilities. The investment scope also extends to electric mobility, telecommunication towers, and social infrastructure such as student accommodation.

Further plans will support agribusiness through solar-powered drip irrigation and water transport. The group also intends to venture into building out fiber-optic networks, a strategy that spans from green power to digital connectivity.

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• Africa-Asia Infrastructure Fund PIDG to Deploy $1 Billion Yearly

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