InfraCredit Raises ₦27bn, Plans NGX Future Listing

InfraCredit Secures Strategic Investment from Mobilist as it Transitions to a Public Company

InfraCredit, a ‘AAA’-rated specialised infrastructure credit guarantee institution, has announced the successful equity investment by the UK Government-backed MOBILIST programme, alongside other institutional investors, further strengthening its institutional shareholder base following the completion of its equity private placement. This strategic investment marks a major milestone in InfraCredit’s journey, reinforcing its commitment to unlockin…

InfraCredit Raises ₦27bn, Plans NGX Future Listing

InfraCredit, Nigeria’s domestic credit guarantee institution, has raised ₦27bn ($17.7m) in new equity as part of a broader ₦64bn ($41m) listing on the

FSD Africa Invests GBP 10 M In ARM-Harith To Tap Nigerian Pensions for Climate Equity

FSD Africa Investments (FSDAi), a UK-backed specialist development finance investor, has announced a GBP 10 M (USD 13.2 M) commitment into Lagos-based private equity firm ARM-Harith Infrastructure Investment Limited to unlock local institutional capital—specifically local pension funds—for climate infrastructure development. The investment, directed into ARM-Harith’s Climate and Transition Infrastructure Fund (ACT Fund), isn’t just another capit…

UK Govt Invests $6m In InfraCredit To Boost Nigeria’s Energy Transition, Infrastructure - InsideBusiness - Business News in Nigeria

The United Kingdom has announced an investment of $6 million towards unlocking domestic capital for Nigeria’s infrastructure development and energy transition. The investment was made through its MOBILIST programme to support the listing of InfraCredit on the NASD OTC Exchange Plc. The total listing by InfraCredit, Nigeria’s first and only domestic credit guarantor, is valued at N64 billion ($41 million). The company successfully raised NGN27 bi…

UK Govt invests $6m in InfraCredit to boost Nigeria’s Energy transition, infrastructure

The United Kingdom has announced an investment of $6 million towards unlocking domestic capital for Nigeria’s infrastructure development and energy transition. The investment was made through its MOBILIST programme to support the listing of InfraCredit on the NASD OTC Exchange Plc. The total listing by InfraCredit, Nigeria’s first and only domestic credit guarantor, is valued at N64 billion ($41 million). The company successfully raised NGN27 bi…

UK-backed InfraCredit Lists on NASD to Raise $17.7m for Infrastructure Development - Tech

The UK government’s MOBILIST programme is investing NGN9.5 billion ($6 million) in InfraCredit, Nigeria’s first and only domestic creditor guarantor, in support of the company’s listing on Nigeria’s NASD OTC Exchange Plc (NASD). Finance: UK Launches £100 million MOBILIST Funding to Unlock Investments The total listing is valued at NGN 64 billion ($41 million), with InfraCredit raising NGN 27 billion ($17.7 million) in new equity. The Nigerian go…