AfDB Approves $15m Loan for InfraCredit to Support Nigeria's Infrastructure Financing – THISDAYLIVE thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
(AFRICAN EXAMINER) - African Development Bank (AfDB) has approved a $15 million subordinated loan to Infrastructure Credit Guarantee Company Limited (InfraCredit) to strengthen its capital base and help close Nigeria’s infrastructure financing gap. InfraCredit is a specialized Nigerian credit guarantee company that mobilizes long-term capital from institutional investors, including pension fund and insurance companies, to
Download logoThe Board of Directors of the African Development Bank (www.AfDB.org) has approved a $15 million subordinated loan to Infrastructure Credit