UK’s MOBILIST exits InfraCredit funding, sells stake to Nigerian pension funds 

The UK’s MOBILIST programme has offered its shares in Nigeria’s infrastructure credit score assure firm, InfraCredit, to 5 native pension funds.

The transaction is anticipated to deepen home participation in financing the nation’s infrastructure tasks.

Asserting the exit on Monday, UK’s International Commonwealth & Growth Workplace (FCDO) stated the commerce marks the biggest secondary deal in InfraCredit’s shares for the reason that firm was listed by introduction on the NASD OTC Change in April 2025.

Whereas the brand new buyers weren’t talked about, it stated the sale allowed 5 institutional buyers, together with pension funds and insurers, to accumulate fairness within the firm, with 4 of them becoming a member of as shareholders for the primary time.

UK’s funding focus 

Commenting on the deal, British Deputy Excessive Commissioner in Lagos, Jonny Baxter, stated the transaction displays the UK’s give attention to “transformational investments that unlock business markets,” describing InfraCredit as successful story now being pushed by Nigerian capital.

Based on him, InfraCredit has facilitated over N300 billion in financing for infrastructure tasks nationwide, equal to greater than $500 million at issuance worth.

“We’re excited to see this momentum proceed to develop, pushed more and more by home capital and delivering sturdy returns to Nigerian buyers. A win-win the place extra infrastructure is constructed to help Nigerian companies, and extra worth returned to Nigerian stakeholders,” he stated.

InfraCredit CEO, Chinua Azubike, known as the deal “a proud milestone” that validates the corporate’s long-term imaginative and prescient of transitioning from overseas catalytic capital to sustained native institutional possession.

“We’re delighted to welcome 4 new Nigerian pension funds to our possession base,” he stated, noting that the rising home confidence displays the maturity of Nigeria’s capital markets.

• MOBILIST’s Programme Lead at FCDO, Ross Ferguson, added that the profitable exit demonstrates how growth finance can “generate affect past an preliminary funding” by recycling capital and strengthening liquidity in public markets.
• InfraCredit continues to profit from partnerships with British Worldwide Investments (BII), Monetary Sector Deepening Africa (FSDA), the Non-public Infrastructure Growth Group (PIDG), and FCDO-Nigeria, all of which have supplied technical help and catalytic funding to de-risk native funding in inexperienced infrastructure.
• The UK authorities reaffirmed its dedication to supporting Nigeria’s capital market growth by MOBILIST’s ongoing collaboration with the Nigerian Change (NGX), aimed toward driving sustainable funding by way of new listed merchandise and public choices.

What you need to know 

InfraCredit is Nigeria’s solely home credit score guarantor, offering Naira-backed ensures that assist cut back funding dangers and improve the creditworthiness of infrastructure debt devices. Its ensures allow pension funds and different institutional buyers to put money into long-term infrastructure financing.

The UK’s FCDO, by the MOBILIST programme, had initially invested N9.5 billion ($6 million) throughout InfraCredit’s itemizing, which helped the corporate elevate N27 billion ($17.7 million) in whole.

The contemporary sale of MOBILIST’s stake has now boosted native possession, giving Nigerian pension funds over 27% management of InfraCredit’s abnormal fairness.