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InfraCredit Clears AFC Dollar Preference Shares on Maturity

InfraCredit Clears AFC Dollar Preference Shares on Maturity

InfraCredit, a specialized infrastructure credit guarantee institution in Nigeria, has cleared Africa Finance Corporation's (AFC) dollar preference shares upon maturity. This financial transaction signifies a successful resolution of the investment, showcasing InfraCredit's commitment to supporting infrastructure development in Nigeria.

The clearance of AFC's preference shares highlights the positive impact of strategic financial management in the infrastructure sector. The move is expected to boost investor confidence and promote further investments in critical infrastructure projects across the country.

Plus234Feed summary based on reporting from BusinessDay. Read the original report below.

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