The African Development Bank alongside Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), African Trade Insurance Agency (ATI) and GuarantCo, on Wednesday entered into a Memorandum of Understanding for a Co-Guarantee Platform (CGP). This initiative, the first of its kind and being promoted by the Bank, was signed on the first day of the Bank’s inaugural Africa Investment Forum in Johannesburg.
PIDG company GuarantCo has signed a deal with Quantum Terminals to support the operations of Quantum’s LPG storage business in Ghana.
PIDG - Evolving to deliver greater development impact. GuarantCo’s parent company, The Private Infrastructure Development Group (PIDG), is changing.
The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has entered into a re-guarantee transaction of an amount of up to USD 74 million with GuarantCo, to increase its guarantee capacity for SME financing.
The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG), and Akuo Energy, the leading French green IPP, today announce the signing of financing of the Akuo Kita Solar power plant, to be built at Kita in southern Mali.
Sindicatum Renewable Energy Company Pte Ltd (“Sindicatum Renewables”), a Singapore-based developer, owner and operator of renewable energy projects has issued an Indian Rupee (“INR”) international green bond (the “Green Bond”), totaling INR 2.5 billion (approximately USD 40 million).
Infracredit issues maiden guarantee, supports the first 10-year corporate infrastructure bond in the Nigerian debt capital markets
Nairobi, Kenya: GuarantCo and InfraCo Africa yesterday marked the official opening of their first Africa office, which will cover East and Southern Africa from Nairobi.
GuarantCo, the world’s leading local currency guarantee facility, has received a further AUD4m from DFAT to support its continued growth.
At this Workshop, participants will discuss perspectives on infrastructure as an asset class, understand the role of credit enhancement in attracting long term debt finance to infrastructure, identify existing products and potential deal flow, and chart a sustainable path to increasing pension and insurance funds’ capacity to directly invest in the asset class in the long term’