InfraCredit, an infrastructure credit enhancement institution with GuarantCo, Private Infrastructure Development Group (PIDG), and the International Finance Corporation (IFC), collaborate to support investor capacity building, and knowledge sharing in the Nigerian infrastructure finance sector.

It is expected that the successful operation of InfraCredit will address the constraints facing the Nigerian pension market, and other long-term investors, thereby increasing their involvement in investing in long-term bonds to finance infrastructure assets.

At the first investor workshop under the capacity building programme held in Lagos, last Friday, themed: “Unlocking Pension Fund and Insurance Investment in Infrastructure Debt Issues,” the organisers noted that investments in infrastructure-related corporate bonds in Nigeria are currently limited due to low-risk appetite, and limited asset classes to invest in.

The workshop was to enable participants have an interactive conversation with regulators and other stakeholders to discuss and critically evaluate, among other points, how Nigeria can leverage experiences in other markets to overcome prevailing constraints, and unlock financing for its infrastructure particularly through the use of credit enhancement tools.

“This workshop is a capacity building programme aimed at further empowering, and informing the key potential institutional investors in the country’s infrastructure market in order to stimulate capital formation for infrastructure development,” said the Chief Executive Officer, InfraCredit, Chinua Azubike, on the sidelines of the workshop.

Read full content here: The Guardian