InfraCredit
Project Details
Sector
Services
Commencement Date
October 20, 2016
Completion Date
NA
Participants
NSIA, GuarantCo
StateS
Lagos
Project Description
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.
Benefits / Impact (Social, Economic & Others)
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
