Chinua Azubike, CEO of InfraCredit, is a protagonist of Harvard Business School’s Case Study on Infrastructure in Nigeria: Unlocking Pension Fund Investments by John D. Macomber and Pippa Tubman Armerding published in February 2018 and is being taught on HBS’s MBA Program.
The case explores the “infrastructure finance gap” in Nigeria as in many parts of the world, and how Nigerian pension fund investments could be viable alternative sources of financing for infrastructure by investing in infrastructure debt securities. InfraCredit was established to break that logjam by supporting infrastructure debt issues denominated in local currency with its credit guarantees. Could InfraCredit become a very large player? If the model was proven, could it be replicated in other African nations? What would be the conditions precedent to make other nations attractive for an InfraCredit model?
