FSD Africa Investments (FSDAi), in collaboration with InfraCredit, have invested £10m into a risk-sharing backstop facility designed to unlock local currency funding for sustainable infrastructure development in Nigeria.
The Risk Sharing Backstop Facility will address the challenge of low credit
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Folake Balogun
Folake Balogun is a tech journalist covering Africa’s fast-growing digital economy with a strong focus on incisive analysis of startup trends, venture capital, and fintech innovation, while also exploring emerging technologies such as artificial intelligence and the future of connectivity by highlighting their economic and social impact.
