We are delighted to announce that our General Counsel, Shadrach Iguh, was shortlisted as a finalist for General Counsel of the Year at the Africa Legal Awards
Finalist – General Counsel of the Year, African Legal Awards 2023 Read More »
Rating agency, Global Credit Ratings (“GCR”) re-affirmed the “AAA” credit rating of Infrastructure Credit Guarantee Company Limited (“InfraCredit”), for the seventh (7th) consecutive time with stable outlook. In re-affirming InfraCredit’s AAA rating, GCR emphasized InfraCredit’s strategic role as an infrastructure credit guarantee provider in Nigeria, with a “complete not compete” competitive business nature. The rating
Lagos, 21 June 2024: InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, is pleased to announce the successful completion of a US$15 million subordinated unsecured 10-year facility with the African Development Bank Group (AfDB). This strategic partnership marks the second investment by AfDB in InfraCredit, following an initial US$10 million facility in 2020. Mr.
InfraCredit’s guaranteed infrastructure bond issuance, Lagos Free Zone Company’s NGN17.56 Bn, 20-years Series 3 Infrastructure Bond Issuance, issued in 2023, has won the award category for “Best Project Bond” from the EMEA Finance Achievement Awards.
Best Project Bond In The EMEA Finance Achievement Awards Read More »
InfraCredit’s $38m Guarantee of Lagos Free Zone Issuance Fixed Rate Infrastructure Bonds was nominated for the prestigious African Banker Awards 2024 in the Infrastructure Deal of the Year category. For more updates the Awards, please visit: africanbankerawards.com
Nomination – Infrastructure Deal Of The Year, African Banker Awards 2023 Read More »
Lagos, 19 April 2024: InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution is pleased to announce that its main Office Building has been awarded the EDGE Advanced Certification from the International Finance Corporation (IFC) EDGE Excellence in Design for Greater Efficiencies), an innovation of the IFC, the private sector arm of the World Bank, is
InfraCredit’s Main Office Building Receives EDGE Advanced Certification. Read More »
InfraCredit, a specialised infrastructure credit guarantee institution in Nigeria and the African Trade & Investment Development Insurance (“ATIDI”), a pan-African multilateral development finance institution that provides risk solutions headquartered in Kenya, have signed a local currency counter-guarantee agreement on a portfolio risk sharing arrangement of NGN37 billion (US$40.7million) to support seven (7) infrastructure portfolio companies of
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
InfraCredit Admits AIICO Insurance Plc As Its Second Domestic Institutional Investor Read More »
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
