Unlocking Long-Term Local Currency Climate Finance for Off-Grid Energy Access in Nigeria
The Climate Finance Blending Facility ( the “Facility”) is a catalytic first loss multi-donor facility seeded with £10 million concessional funding by the UK Foreign, Commonwealth & Development Office (“FCDO”) to co-finance off-grid energy investments alongside Infracredit’s local currency guarantees in Nigeria.
Unlocking Long-Term Local Currency Climate Finance for Off-Grid Energy Access in Nigeria
The Climate Finance Blending Facility ( the “Facility”) is a catalytic first loss multi-donor facility seeded with £10 million concessional funding by the UK Foreign, Commonwealth & Development Office (“FCDO”) to co-finance off-grid energy investments alongside Infracredit’s local currency guarantees in Nigeria.
Deepening the domestic debt capital markets
We enabled Lagos Free Zone Company access the longest tenor financing in the Nigerian corporate bond market, and extended the yield curve for corporate debt to a record 20 years
Deepening the domestic debt capital markets
We enabled Lagos Free Zone Company access the longest tenor financing in the Nigerian corporate bond market, and extended the yield curve for corporate debt to a record 20 years
Unlocking long-term local currency infrastructure finance in Nigeria
We supported North South Power’s issuance of the first 15year corporate green infrastructure bond in Nigeria to finance its hydro power capacity expansion
Unlocking long-term local currency infrastructure finance in Nigeria
We supported North South Power’s issuance of the first 15year corporate green infrastructure bond in Nigeria to finance its hydro power capacity expansion
