InfraCredit

InfraCredit’s Guarantee Supported by UK-Funded Climate Finance Blending Facility Mobilises First Green Certified Local Currency Debt Issue for Off-Grid Solar Rural Electrification Project in Nigeria

 November 10, 2022 – Lagos, Nigeria InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce the credit enhancement of Darway Coast Nigeria Limited’s green debt issue, under a co-financing arrangement with the £10 million Climate Finance Blending Facility funded by the United Kingdom Foreign, Commonwealth and Development Office (FCDO), an initial transaction […]

InfraCredit’s Guarantee Supported by UK-Funded Climate Finance Blending Facility Mobilises First Green Certified Local Currency Debt Issue for Off-Grid Solar Rural Electrification Project in Nigeria Read More »

InfraCredit Appoints Sanjeev Gupta as Chairman, Also Welcomes Aminu Umar-Sadiq and Reginald Ihebuzor to the Board of Directors

Lagos, 4 November 2022: InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, backed by the Nigeria Sovereign Investment Authority (“NSIA”), Private Infrastructure Development Group companies GuarantCo and InfraCo Africa, KfW Development Bank, Africa Finance Corporation (“AFC”) and African Development Bank, is pleased to announce the appointment of Mr. Sanjeev Gupta of AFC as Chairman, replacing the outgoing Chairman Mr. Uche Orji of NSIA.

InfraCredit Appoints Sanjeev Gupta as Chairman, Also Welcomes Aminu Umar-Sadiq and Reginald Ihebuzor to the Board of Directors Read More »

Rating Agencies, Agusto and GCR Affirm ‘AAA’ Long Term Credit Rating of InfraCredit, with Stable Outlook

For the fifth consecutive year, rating agencies, Agusto & Co (“Agusto”) and Global Credit Ratings (“GCR”) re-affirmed the “AAA” credit rating of Infrastructure Credit Guarantee Company Limited (“InfraCredit”), specialized infrastructure credit guarantee institution backed by the Nigeria Sovereign Investment Authority, GuarantCo and InfraCo Africa (Private Infrastructure Development Group companies), KfW Development Bank, Africa Finance Corporation,

Rating Agencies, Agusto and GCR Affirm ‘AAA’ Long Term Credit Rating of InfraCredit, with Stable Outlook Read More »

InfraCredit and the French Development Agency (AFD) Sign Technical Assistance Agreement to Support Sub-National Public-Private Partnership Projects in Nigeria

6th July 2022 – Lagos, Nigeria – InfraCredit, a ‘AAA”(NG) rated specialised infrastructure credit guarantee institution in Nigeria and the Agence Française de Développement (AFD), the development agency of the French government and the main implementing agency for France’s official development assistance, have signed a Technical Assistance Financing Agreement. Under the latter, AFD will provide

InfraCredit and the French Development Agency (AFD) Sign Technical Assistance Agreement to Support Sub-National Public-Private Partnership Projects in Nigeria Read More »

InfraCredit guarantee supports Lagos Free Zone Company’s issuance of N25 billion “AAA” rated 20-Year Senior Guaranteed Fixed Rate Series II Infrastructure Bonds

Lagos, 10 May 2022: InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, is pleased to announce its guarantee of Lagos Free Zone Company’s (“LFZC”) NGN20 billion 20-Year Series II Senior Guaranteed Fixed…

InfraCredit guarantee supports Lagos Free Zone Company’s issuance of N25 billion “AAA” rated 20-Year Senior Guaranteed Fixed Rate Series II Infrastructure Bonds Read More »

InfraCredit, FSD Africa sign technical assistance agreement to unlock Climate-Aligned local currency infrastructure bonds in Nigeria

4th April 2022 – Lagos, Nigeria – InfraCredit, a ‘AAA”(NG) rated specialised infrastructure credit guarantee institution in Nigeria and FSD Africa, a specialist development agency working to help make finance work for Africa’s future, have signed a Technical Assistance Agreement under which FSD Africa will provide funding for technical assistance to support pre-feasibility studies as

InfraCredit, FSD Africa sign technical assistance agreement to unlock Climate-Aligned local currency infrastructure bonds in Nigeria Read More »

InfraCredit and the African Trade Insurance Agency (ATI) sign a memorandum of understanding on cooperation as risk-sharing partners to deepen access to long-term local currency debt financing for infrastructure in Nigeria

InfraCredit, a specialised infrastructure credit guarantee institution in Nigeria and the African Trade Insurance Agency (“ATI”), a pan-African multilateral development finance institution that provides risk solutions, have signed a Memorandum of Understanding (“MoU”) on Cooperation as risk-sharing partners to unlock access to long-term local currency debt financing for infrastructure development in Nigeria Under the MoU, InfraCredit

InfraCredit and the African Trade Insurance Agency (ATI) sign a memorandum of understanding on cooperation as risk-sharing partners to deepen access to long-term local currency debt financing for infrastructure in Nigeria Read More »

UK is providing £10 million of concessional financing alongside InfraCredit to mobilise pension and insurance investments

The UK is providing up to £10 million of concessional aid to reduce the risk for pension and insurance funds to invest in energy access projects, and support Nigeria’s COP26 commitments. The financing will help Nigerian investors focus on low carbon energy, supporting off-grid, low carbon energy projects. The £10 million will be blended to

UK is providing £10 million of concessional financing alongside InfraCredit to mobilise pension and insurance investments Read More »