Nigerian Green Initiatives Bag $13 Million From FSDAi and InfraCredit

Nigerian Green Initiatives Bag $13 Million From FSDAi and InfraCredit

FSD Africa Investments (FSDAi) has announced a £10 million (almost $13 million) investment in a groundbreaking risk-sharing backup facility in conjunction with InfraCredit. The project intends to increase local currency investment for long-term infrastructure development in Nigeria. The new facility’s (RSBF) purpose is to solve the low credit enhancement problem. It attempts to accomplish this…