About us
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Our Milestones
We act as a catalyst that attracts the investment interest from pension funds, insurance firms and other long-term investors.
Total Capital mobilized
Domestic capital mobilized from Pension Funds
First-Time Issuers Accessing Capital Markets
Number of Pension Fund Investors
Infrastructure projects reaching financial close
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.
This entity is necessary because long term capital required by infrastructure entities/projects to be commercially successful is not available from the domestic banking market. InfraCredit’s guarantees would act as a catalyst to attract investment interests from pension funds, insurance firms and other long-term investors, thereby deepening the Nigerian debt capital markets.
Its successful operation will address the constraints facing the Nigerian pension market and motivate their involvement in investing in long term bonds to finance infrastructure assets.
OUR MISSION
Our mission is to successfully unlock the potential for long term local currency infrastructure finance in Nigeria, creating value for our stakeholders and being the best at what we do.
OUR VISION
Our vision is to be a catalyst and the most trusted partner in the attraction of long term capital into infrastructure finance in Nigeria.
OUR VALUES
Our values define who we are. Through integrity, passion, innovation, impact and collaboration, we are focused on building a vibrant institution where ideas can flourish, people can succeed and success can be nurtured.
Our Footprints
InfraCredit has made significant strides since its inception in 2017
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November 2024InfraCredit Secures a US$30 million Risk Sharing and Blended Local Currency Co-financing Facility from British International Investment to Support Decentralised Renewable Energy Projects in Nigeria
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June 2024InfraCredit Secures US$15 Million Facility from African Development Bank Group to support Infrastructure Financing in Nigeria.
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March 2024InfraCredit and ATIDI sign Local Currency Counter-Guarantee Agreement of Portfolio Risk Sharing of NGN37billion.
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January 2024Guarantee of third Green Certified Local Currency Debt Issue for Solar Powered Rural Infrastructure project in Nigeria
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December 2023Admits AIICO Insurance Plc as Its Second Domestic Institutional Investor.
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December 2023Guarantee Supported NGN3 billion initial debt financing under a NGN12.5 billion Debt Programme for Modern Shelter Systems and Services Limited.
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November 2023InfraCredit signs Risksharing Agreement with GuarantCo to provide NGN 20.23billion counter-guarantee with a twenty-year tenor in support of Lagos Free Zone Company’s three InfraCredit-guaranteed infrastructure bond issuances totalling NGN53 billion.
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August 2023FSD Africa invests £10m into innovative risk sharing facility with InfraCredit to support sustainable climate-aligned infrastructure development in Nigeria.
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July 2023Guarantee of the first ever blended local currency green certified debt issue for a solar powered rural telephony project.
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May 2023African Development Bank (AfDB) approved the provision of a $15mn subordinated loan
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March 2023Issues N17.5Bn guarantee to LFZC Series III 20-year bond
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November 2022Supported Gas Terminalling Storage Company Limited’s N3.5 billion 7-year facility from the Bank of Industry
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September 2022Guarantee of the first ever blended local currency green certified debt issue, for a solar mini-grid project in Nigeria
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April 2022Issues N25Bn guarantee to LFZC Series II bond
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April 20221st guarantee of PCB. Asiko Power Limited – N1.5bn
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March 2022Signs MOU with African Trade Insurance Agency as risk sharing partners.
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January 2022Issues N10billion 10- year guarantee support to Pan African Towers (ATI co-guarantee)
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November 2021Issues N20Bn guarantee to GPC at 13.0%
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September 2021Leadway invests $5 million equity
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September 2021Guarantee supports LFZC issuance of the longest tenured 20-year corporate infrastructure bond
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H1 2021Issued first two blended finance guarantees
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December 2020InfraCo Africa invests $27 million equity
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September 2020Guarantee supports TSL issuance of 10 year corporate infrastructure bond at 10%
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DECEMBER 2019KFW invests additional 23.5 million euros subordinated capital
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AUGUST 2019Issues N13Bn guarantee to GEL (USAID co-guarantee)
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APRIL 2019African Development Bank (AfDB) approved the provision of a $10mn subordinated loan and a $5mn partial credit guarantee facility
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FEBRUARY 2019Guarantee supports NSP issuance of first 15 year corporate green infrastructure bond
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DECEMBER 2018Africa Finance corporation invests $25 million
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NOVEMBER 2018KFW invests 31 million euros subordinated Capital
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JULY 2018Joins league of Harvard Business school cases
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December 2017InfraCredit issue Maiden guarantee which supports first 10-year corporate infrastructure bond in the Nigerian Market
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JUNE 2017Obtains ‘AAA’ national scale long term credit rating; commences operations
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JUNE 2017InfraCredit commences operation
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JANUARY 2017NSIA & GuarantCo partner up to launch InfraCredit
Corporate Philosophy
Integrity, Passion, Innovation, Impact and Collaboration
Capital Providers
InfraCredit’s capital structure is composed of three tiers of capital
The initial board members include sponsor representatives including highly qualified and experienced members from diverse professional fields.
InfraCredit is committed to the highest standards of corporate governance and best practices, we have a well-established and effective corporate governance framework.
Procurement
We collaborate with consultants and leading firms to provide an array of innovative services.
From time to time, InfraCredit will issue requests for proposals to provide technical assistance, consultancy and other services. These opportunities may be advertised here.