InfraCredit Guarantees Local Currency Debt for CEESOLAR's Energy Project in Cross River State

InfraCredit, a credit enhancement institution, guarantees local currency debt for CEESOLAR's energy project in Cross River State. The project aims to provide electricity to underserved communities, creating jobs and reducing carbon emissions.

Funding includes investments from FCDO, NSIA, and British International Investment. This initiative highlights the importance of public-private partnerships in achieving Nigeria's energy transition goals.

The project is expected to benefit 3,600 households and small businesses, creating 561 jobs and reducing 737 tons of CO2 emissions annually.