Chief Executive Officer Philippe Valahu outlined the investment plans to Bloomberg, indicating continued support for infrastructure projects in markets where development finance helps attract private capital.

The planned investment pace builds on PIDG’s 2025 commitments, when it allocated $1 billion to 33 infrastructure projects.

Those projects represented $4.1 billion in total investment, including $2.9 billion mobilized from private investors, according to the group’s latest Sustainability and Impact Report.

The figures distinguish PIDG’s own financing from the larger pool of capital invested alongside it.

PIDG combines project development funding, loans, guarantees, and technical assistance to help infrastructure projects secure financing.

For developers, these instruments can support early work and reduce risks that would otherwise discourage commercial lenders from participating. Its operations cover sub-Saharan Africa and South and Southeast Asia.

The group’s current funding base includes the United Kingdom, the Netherlands, Switzerland, Australia, Sweden, and Global Affairs Canada.

Switzerland approved a further $70 million contribution for 2026–2030 in June, providing support for PIDG’s investment strategy.

The Swiss government said at least 50% of the group’s new commitments are intended to be climate-related investments.

Recent activity in Ethiopia illustrates how PIDG supports renewable energy projects before construction financing is secured.

On October 28, the Corbetti geothermal project signed a contract with UK-based Marriott Drilling Group for up to four exploration wells near Shashemene in Oromia.

PIDG contributed a further $7.2 million through InfraCo Africa Business Development Limited and retained an approximately 40% interest following Taranis Operations Ltd’s acquisition of a majority stake.

The exploration work is needed to confirm the geothermal resource and advance Corbetti toward financial close.

Following exploration, the project’s first phase is expected to support a 50-megawatt power plant, supplying renewable electricity to Ethiopia’s national grid.

The project demonstrates why energy investment requires funding for technical preparation as well as power plant construction.

Across Africa, attracting private finance remains central to expanding electricity supply and access.

The World Bank says a preliminary assessment of 36 National Energy Compacts under the Mission 300 initiative indicates that roughly half of the financing needed to deliver participating countries’ ambitions must come from the private sector.

The initiative promotes guarantees, stronger contracts, regulatory reforms, and investment in distributed renewable energy to help secure that capital.

For African energy developers and investors, PIDG’s planned annual investment offers a continuing source of project preparation support and financing.

Its 2025 results show how public-backed capital can attract substantially larger private commitments, while projects such as Corbetti demonstrate the technical work required before financing can translate into operating energy assets.