InfraCredit builds capacity as infrastructure pipeline grows

InfraCredit has been working to enhance its institutional capacity as the number of infrastructure transactions in its pipeline continues to grow. The company has secured a $50 million subordinated unsecured 10-year debt facility from the International Finance Corporation (IFC), which will be disbursed in two tranches of $25 million each.

This investment is expected to strengthen InfraCredit's capital structure and its ability to mobilize long-term domestic capital for infrastructure projects. InfraCredit's CEO, Chinua Azubike, emphasized that this investment demonstrates the international development finance community's confidence in InfraCredit's business model and highlights the company's diverse ecosystem of leading development finance institutions (DFIs) and development partners.

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