Our Milestones

2005

GuarantCo is incorporated as a Mauritian company and tender launched for a new fund manager

1st Local currency Bond issue by Celtel Kenya

2009

1st Leverage facility applied Increases guarantee capacity to USD 146m

2010

1st Local currency Securitisation in India

2011

100 Million

1st Local currency Corporate bond in Nigeria

2012

1st Local currency Bond in Sri Lanka & sukuk in Pakistan

Provides 1st co-guarantee with US AID in Uganda Provides 1st guarantee for Standard Chartered Bank

1st one PIDG project GuarantCo, EAIF and lnfraCo Africa combine on Kalangala project in Uganda

2013

1st Local currency Project financing in Nepal

2014

1st Local currency Project financing in Cameroon

Fitch RatingMoodysBloomfield West Africa

2015

300 Million

Nairobi office opens

PACRA Pakistan

2016

400 Million

1st Leverage facility cancelled beneficiaries rely solely on GuarantCo’s standalone credit ratings

Change in Manager to GMC Limited, part of Cardano Development

2017

500 Million

Singapore office opens

1st transaction of lnfraCredit Nigeria as operations commence

Strategic partnership signed with LSE to support developing markets’ local currency bond issuance

2018

1st local currency Corporate bond in Vietnam and Ghana

1st guarantees of synthetic local currency green bond in India, moves market from 5 to 7 years

Co guarantee platform MoU signed with African Development Bank

LSE bond listings for Quantum Terminal and Sindicatum

2019

1st dual-currency guarantee in Bangladesh

1st guarantee in Jordan

1st co-financing with Asian Development Bank (Kacific)

2020

1st green Kenyan bond Listing on NSE and LSE (Acorn)

1st Guarantee in Madagascar (GreenYellow) and Tanzania (CRDB).