HOTSPOT NETWORK HOSTS MANAGING DIRECTOR/CEO OF INFRACREDIT

The Managing Director/CEO of Infracredit, Mr. Chinua Azubike paid a courtesy visit to Hotspot Network Limited at their Abuja office accompanied by Mr. Daniel Mueller, Head, Origination & Structuring at Infracredit.

During the courtesy visit, both parties engaged in discussions focusing on the Rural Telephony project of Hotspot; funding, roll-out plan, supply chain mechanism, risk mitigation and other critical factors affecting the success of the entire project. Mr. Azubike encouraged the Hotspot team to maintain high standards of due diligence and professionalism in their business processes to ensure they are able to meet both their short-term and long-term goals. Engr. Morenikeji Aniye, Founder/CEO of Hotspot Network Limited thanked the Executives of Infracredit for their visit and assured them that Hotspot will continue to practice good governance across all its operations and hoped that both entities enjoy a mutually beneficial lasting relationship.

InfraCredit provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria that conform with its eligibility criteria.