Institutional investors Archives

AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

Posted on April 15, 2019 by Gambeta News

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 is a specialized infrastructure credit guarantee company that is focus on enhancing credit local currency debt instruments – mainly bonds. It is use to uplift the credit rating of…

MOBILE MONEY IN UGANDA TO ATTRACT DEBT INVESTORS

Posted on February 13, 2019 by Gambeta News

Uganda’s mobile money platform will help attract debt investors. Uganda is planning to use mobile money platforms to sell government securities to its citizens. The government said the mobile money platform will help reduce the dependence on commercial banks and institutional investors for funding. The Ugandan government also believes the initiative will help boost savings and investments; especially among its citizens and this will in turn also drive economic growth. In Uganda many people do not…