InfraCredit is a ‘AAA’ rated specialised guarantor backed by Nigeria Sovereign Investment Authority, GuarantCo, Africa Finance Corporation and KfW Development Bank, to provide local currency guarantees and mobilize long-term debt financing of up to 20 years for infrastructure in Nigeria. InfraCredit’s guarantees act as a catalyst to attract domestic credit from pension funds, insurance firms and other long-term investors into credit-worthy infrastructure projects.

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.