Banking / Financial Services
"InfraCredit boosts infrastructure financing with local currency credit guarantees."
Infrastructure Credit Guarantee (InfraCredit) delivers local currency guarantees to bolster the creditworthiness of debt instruments financing eligible infrastructure assets in Nigeria. These guarantees are essential to bridge the gap in long-term capital availability from domestic banks for commercially viable infrastructure projects.
By providing risk mitigation, InfraCredit catalyzes investment from pension funds, insurance companies, and other long-term institutional investors, thereby expanding Nigeria’s debt capital markets. This initiative aims to alleviate key challenges within the Nigerian pension sector and encourage greater participation in long-term bond investments to support infrastructure development.
