LAGOS — The International Finance Corporation is providing InfraCredit with a $50 million, 10-year subordinated facility, to be disbursed in two tranches of $25 million, backed by a World Bank blended finance window. InfraCredit guarantees naira bonds for infrastructure projects. Chief Executive Chinua Azubike said the company has enabled more than N600 billion of local currency financing for 28 projects since 2017, and that 20 of Nigeria's 25 pension fund administrators have invested in deals it guaranteed.