African Development Bank approves $15 million loan for Infrastructure Credit Guarantee Company Limited to support infrastructure financing in Nigeria
The Board of Directors of the African Development Bank 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. The financing will enable InfraCredit to leverage domestic capital markets to bolster access to long-term local currency infrastructure financing in
