InfraCredit

Lagos, 21 February 2024: InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce the credit enhancement of ACOB Lighting Technology Limited, a renewable energy company’s debt issue under a co-financing arrangement with the Climate Finance Blending Facility (the “Climate Facility”) with £10 million seed funding from the United Kingdom Foreign, Commonwealth and Development […]

Lagos, 29 November 2023: InfraCredit, a ‘AAA-’ rated specialized infrastructure credit guarantee institution is pleased to announce the equity investment by AIICO Insurance Plc (“AIICO”) representing five percent of total share capital of InfraCredit and joining Leadway Assurance Plc as the second private domestic institutional investor. Further to this new equity investment, InfraCredit’s paid-in capital

Lagos, 14 December 2023: InfraCredit, a ‘AAA’-rated specialized infrastructure credit guarantee institution, is pleased to announce the guarantee of NGN3 billion initial debt financing under a NGN12.5 billion debt programme for Modern Shelter Systems and Services Limited (“Modern Shelter” or the “Company”) for the development of 370 affordable housing units according to IFC’s green building standard

GuarantCo, part of the Private Infrastructure Development Group (PIDG), has provided a NGN 20.23 billion (USD 25 million) counter-guarantee with a sixteen-year tenor to Infrastructure Credit Guarantee Company Limited (InfraCredit) in support of Lagos Free Zone Company’s (LFZC) three guaranteed infrastructure bond issuances totalling NGN 53 billion (USD 65.5 million) This transaction is part of

11th October 2023, Lagos – The Nigeria Sovereign Investment Authority (“NSIA” or the  “Authority”) has invested NGN10 billion into a Construction Finance Warehouse Facility  (“CFWF” or the “Facility”) developed in partnership with InfraCredit, to enable project developers  access construction finance on a sustainable basis on the back of InfraCredit’s guarantee. The CFWF is a multi-funder

FSD Africa has invested £10m into a first-of-its-kind risk sharing facility in collaboration with InfraCredit which is designed to unlock funding for sustainable infrastructure development in Nigeria. By increasing the accessibility of finance for “climate-aligned” infrastructure projects, the facility will help to accelerate Nigeria’s economic and social development, as well as deliver on its climate