InfraCredit, GPC energy sign N20bn bond guarantee to up service delivery in Nigeria’s logistics sector

Infrastructure Credit Guarantee Company Limited (InfraCredit) has signed a bond guarantee with a transport services provider, GPC Energy, and Logistics Limited to provide additional services in Nigeria’s logistics sector by providing 220 trucks that will create 360 direct and indirect jobs for most Nigerians. The N20 billion co-guarantees for a 10-year bond represent a partnership with InfraCredit, a Nigeria-based private infrastructure guarantee company and a GPC Energy seeks to provide additional essential transport and logistics …

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