The Private Infrastructure Development Group (PIDG) catalyses private investment in infrastructure in the frontier markets of sub-Saharan Africa and south and south-east Asia to boost economic development and combat poverty.
PIDG companies invest at every stage of the infrastructure development cycle and across the capital structure. PIDG companies TAF, DevCo, InfraCo Africa and InfraCo Asia provide technical assistance and early-stage development expertise and funding, while the Emerging Africa Infrastructure Fund and GuarantCo provide long-term hard and local currency finance respectively. Since 2002, PIDG has mobilised US$31.4bn from private sector investors and DFIs, supported 154 infrastructure projects to financial close and provided 222 million people with access to new or improved infrastructure.
PIDG is funded by donors from seven countries (UK, Switzerland, Australia, Norway, Sweden, Netherlands, Germany) and the World Bank Group.