Infrastructure Credit Guarantee Company Limited (InfraCredit or the Company) is a private company established by the Nigeria Sovereign Investment Authority (NSIA), an independent agency responsible for the management of Nigeria's sovereign wealth fund, in collaboration with GuarantCo, an international 'AA-' rated development finance institution which provides local currency guarantees in frontier economies (the "Co-Sponsors").
The specific objective of the Company is to provide guarantees to enhance the credit quality of local currency debt instruments issued by creditworthy entities to finance eligible infrastructure projects in Nigeria, in order to attract a pool of long-term capital such as the pension funds and insurance companies.