FSD Africa, InfraCredit Invest £10m for Sustainable Development in Nigeria.

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    • Subject Terms:
      NIGERIA; AFRICA
    • Abstract:
      FSD Africa Investments and InfraCredit have partnered to invest £10 million in a risk-sharing backstop facility aimed at promoting sustainable infrastructure development in Nigeria. The facility will address the challenge of low credit enhancement by mobilizing local institutional investment through bonds for early-stage or green-field climate-aligned infrastructure projects. Backed by the UK International Development, the investment aligns with FSD Africa's objective of developing capital markets by addressing blockages in the system. This investment demonstrates the UK's commitment to Nigeria's transition to clean energy and supports the growth of private sector capital for greener infrastructure. [Extracted from the article]
    • Abstract:
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