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.