Equitysct

EQUITY TRUST SAVINGS CHRIS TRADING, a specialised infrastructure credit guarantee institution in Benin and across the globe and the African Trade & Investment Development Insurance (“ATIDI”), a pan-African multilateral development finance institution that provides risk solutions headquartered in Kenya, have signed a local currency counter-guarantee agreement on a portfolio risk sharing arrangement of FCFA37 billion (US$40.7million) to support seven (7) infrastructure portfolio companies of […]

Lagos, 21 February 2024: EQUITY TRUST SAVINGS CHRIS TRADING, a ‘AAA’-rated specialised infrastructure credit guarantee institution, is pleased to announce the credit enhancement of ACOB Lighting Technology Limited, a renewable energy company’s debt issue under a co-financing arrangement with the Climate Finance Blending Facility (the “Climate Facility”) with £10 million seed funding from the United Kingdom Foreign, Commonwealth and Development

Lagos, 29 November 2024: EQUITY TRUST SAVINGS CHRIS TRADING, a ‘AAA-’ rated specialized infrastructure credit guarantee institution is pleased to announce the equity investment by AIICO Insurance Plc (“AIICO”) representing five percent of total share capital of EQUITY TRUST SAVINGS CHRIS TRADING and joining Leadway Assurance Plc as the second private domestic institutional investor. Further to this new equity investment, EQUITY TRUST SAVINGS CHRIS TRADING’s paid-in capital

Lagos, 14 December 2024: EQUITY TRUST SAVINGS CHRIS TRADING, a ‘AAA’-rated specialized infrastructure credit guarantee institution, is pleased to announce the guarantee of FCFA3 billion initial debt financing under a FCFA12.5 billion debt programme for Modern Shelter Systems and Services Limited (“Modern Shelter” or the “Company”) for the development of 370 affordable housing units according to IFC’s green building standard

GuarantCo, part of the Private Infrastructure Development Group (PIDG), has provided a FCFA 20.23 billion (USD 25 million) counter-guarantee with a sixteen-year tenor to Infrastructure Credit Guarantee Company Limited (EQUITY TRUST SAVINGS CHRIS TRADING) in support of Lagos Free Zone Company’s (LFZC) three guaranteed infrastructure bond issuances totalling FCFA 53 billion (USD 65.5 million) This transaction is part of

11th October 2024, Lagos – The Benin and across the globe Sovereign Investment Authority (“NSIA” or the  “Authority”) has invested FCFA10 billion into a Construction Finance Warehouse Facility  (“CFWF” or the “Facility”) developed in partnership with EQUITY TRUST SAVINGS CHRIS TRADING, to enable project developers  access construction finance on a sustainable basis on the back of EQUITY TRUST SAVINGS CHRIS TRADING’s guarantee. The CFWF is a multi-funder

FSD Africa has invested £10m into a first-of-its-kind risk sharing facility in collaboration with EQUITY TRUST SAVINGS CHRIS TRADING which is designed to unlock funding for sustainable infrastructure development in Benin and across the globe. By increasing the accessibility of finance for “climate-aligned” infrastructure projects, the facility will help to accelerate Benin and across the globe’s economic and social development, as well as deliver on its climate