Infracredit

InfraCredit was established in 2017 as a first-of-its-kind rated specialised local currency infrastructure credit guarantee institution, created to support long-term local currency infrastructure financing in Nigeria. InfraCredit's guarantees enhance the credit quality of local currency debt instruments issued to finance eligible infrastructure-related assets. Its guarantees serve as a catalyst to attract long-term domestic institutional capital from pension funds, insurance firms, and other investors, thereby deepening Nigeria’s debt capital markets. InfraCredit’s investors include the Nigeria Sovereign Investment Authority, UK Foreign, Commonwealth & Development Office (through PIDG and MOBILIST), KfW Development Bank, Africa Finance Corporation, and African Development Bank, alongside domestic pension funds and insurance firms. As at April 2025, InfraCredit was listed as a public company and admitted to trading on the NASD. It maintains the highest domestic financial strength ratings accorded to any financial institution by Agusto & Co, Global Credit Ratings, and international rating agency, Fitch Ratings.