InfraCredit – Infrastructure Credit Guarantee Company Limited

WHO WE ARE

InfraCredit provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria that conform with its eligibility criteria.

WHAT WE DO

ELIGIBILE SECTORS

GAS
DISTRIBUTION

Gas pipelines and bulk storage/logistical facilities and downstream gas processing and development
SOCIAL
INFRASTRUCTURE

The provision of economic and social infrastructure (e.g. housing, hospitals, education) within towns and cities.
INPUTS TO
INFRASTRUCTURE

Manufacture, construction of goods, equipment, or other basic materials or services used in provision of infrastructure.
AGRICULTURE

Infrastructure component of agro-industrial projects e.g. investments in agro-food processing/storage for agribusiness
POWER

The generation, transmission and/or distribution of electricity, including off-grid embedded power electrification.
RENEWABLE
ENERGY

Alternative energy and renewable energy technologies ranging from solar power, wind power, and hydroelectricity
WATER
DISTRIBUTION

Urban/rural fresh water production and treatment, bulk water supply and distribution
WASTE
MANAGEMENT

Solid waste disposal/collection, transportation and waste treatment, including waste recycling facilities
TRANSPORTATION

Fixed transportation infrastructure e.g. toll roads, bridges, rail, airports, ports and bulk storage/handling facilities
ICT/
TELECOMS

Local telephone services and IT network, internet solutions, voice, data center and cloud services to providers

GET INSIGHTS FROM OUR BROCHURE

Download our brochure for more information about our business

PROJECTS

Transitioning to a Low Carbon Economy

330 employees

600MW

NGN 8.5 billion

North South Power Company Limited (NSP) was established in 2012 to own and operate a diverse and growing portfolio of electricity generation businesses across Africa. In 2013, the company acquired a 30-year concession of the Shiroro Hydroelectric Power Plant from the Nigeria Bureau of Public Enterprises.

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Energising a Sustainable Economy

100 Direct & Indirect Jobs

50 Mega Watts

10 Billion

Nigeria, the largest economy in Sub-Saharan Africa with GDP of $405 billion and c.180 million people, has recorded remarkable growth (CAGR of 15%) since 2000). Nigeria’s aggregate electricity need has been estimated at c.180,000 Mega Watts (MW) to satisfy its domestic electricity demand.

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IS YOUR PROJECT ELIGIBLE?

NEWS AND UPDATES

Infracredit’s Guarantee Supports North South Power’s Issuance Of The First 15-Year Corporate Green Infrastructure Bond In Nigeria (2/28/2019) - InfraCredit is pleased to announce its guarantee… ...
Africa Finance Corporation (AFC) Invests US$25 Mln Equity In InfraCredit (12/20/2018) - Infrastructure Credit Guarantee Company Limited (“InfraCredit”) is… ...

LATEST TWEETS

FG signs agreements for increased access to power through renewable energy: The Federal Government, through its implementing agency, the Rural Electrification Agency (REA), has signed grant agreements with seven renewable energy investors under the World Bank-funded Nigeria Electrification Project (NEP).

FG sets aside $1.61bn for 24 hour power supply: The Managing Director, Transmission Company of Nigeria, Alhaji Usman Gur says the Federal Government in collaboration with international donor agencies has set aside over 1.61 billion dollars to ensure constant power supply in the country.

FG close to securing World Bank’s $3bn power sector loan: The Minister of Finance, Budget and National Planning, Zainab Ahmed, said on Sunday the Federal Government’s request for a World Bank loan to finance the power sector was on the verge of being granted.

GenCos fail to generate 3,133.9 megawatts due to unavailability of distribution infrastructure: Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 3,133.9 megawatts of electricity due to unavailability of distribution infrastructure.

Oyo State to reconstruct Iwo Road interchange with N8 billion: The Oyo State Governor, Engineer Seyi Makinde, has disclosed that not less than N8 billion would be spent to reconstruct the popular Iwo Road interchange, in Ibadan, the state capital.

FG approves privatization bids for power companies: The National Council on Privatisation (NCP), has approved Transcorp Power Consortium as the preferred bidder for the Afam Electricity Generation Company (Afam Power Plc and Afam Three Fast Power Limited). Similarly, the Council also approved Quest Electricity Nigeria Limited as the preferred bidder for the re-privatized Yola Electricity Distribution Company (YEDC).

Government’s 127,000km fibre deployment target, others face challenges: Challenges identified as major limitations include the problem of denial or exorbitant cost of Right of Way (RoW) by state governments, vandalism of telecoms infrastructure, poor or lack of access to public electricity to run telecoms operations, and multiple taxes and regulations.

Sanwo-Olu seeks Lagos Assembly’s approval for N250bn loan: Lagos Governor, Babajide Sanwo-Olu, has re-ordered the 2019 Budget of the state with a letter to the state Assembly seeking a loan of N250bn.

CBN, IMF disagree over impact of forex restrictions on FDI inflow: The Central Bank of Nigeria (CBN), disagreed with the position of the International Monetary Fund (IMF) on the impact of the foreign exchange (Forex) restrictions on Foreign Direct Investment (FDI) inflow into the country.

Buhari’s request to pay Kogi N10b – Other states demand payment for projects executed: President Muhammadu Buhari, last Tuesday sought the approval of the Senate to pay N10b to Kogi State as refund for projects executed by the state on behalf of the Federal Government

Rural electrification key to Oyo State administration’s agenda: The Governor of Oyo State, Engineer Seyi Makinde, said that the rural electrification is important to his administration, stating that he was ready to partner with Austria on renewable energy, especially in power generation from dams in the State.

Ogun plans to create Bureaus of Electricity, Water for optimum performance: The Ogun State government disclosed that arrangements are in top gear to create two bureaus from the present ministries and parastatals for effective management, monitoring, and optimum performance.

AWARDS & RECOGNITION

Harvard-Business-Review-Case-Study

HARVARD BUSINESS REVIEW

Infrastructure in Nigeria: Unlocking Pension Fund Investments

Case Study by John D. Macomber and Pippa Tubman Armerding

Corporate Finance Awards 2018 – Most Innovative Infrastructure Finance –
Sub-Saharan Africa 2018

See Award Details

Development Partners