AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

InfraCredit aims to support up to $1.25 billion in infrastructure after approval from AFDB.

Africa development bank (AFDB) has approve US$15 million for investment package to infrastructure Credit Guarantee Company (InfraCredit). The fund will be use to help support infrastructure financing through the domestic debt capital markets in Nigeria.

InfraCredit …

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NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

KfW development Bank supports Nigeria’s Infrastructure development with €31 million investment.

To help boost infrastructure development in Nigeria; the largest investment bank in Europe, KfW Development Bank have invested €31 million. Receiving the €31 million investment is Infrastructure Credit Guarantee Company Ltd (InfraCredit).  InfraCredit is a specialised infrastructure credit enhancement …

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