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Portfolio

InfraCredit

Project Details

Commencement Date
20 October 2016
Participants
NSIA
GuarantCo
State
Lagos

InfraCredit provides guarantees to enhance the credit quality of local currency debt instruments issued to finance eligible infrastructure-related assets in Nigeria, thereby acting as a catalyst to attract investment interest from pension funds, insurance firms, and other long-term investors.

InfraCredit’s establishment has helped to channel long-term capital funding, not available from the domestic banking market – such as pension funds, insurance funds etc. –towards infrastructure entities / projects.

PARTNERS

How the fund is invested

US$183 million

Project Cost / Size:

US$25 million (31.79%)

NSIA’s interest:

Equity

Funding structure

15

Investment areas

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