Kigali, Rwanda 12 November 2025 The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of the Africa...
Kigali, Rwanda 12 November 2025The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of the African Export-Import Bank (Afreximbank), is happy to reveal a US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP).
This funding highlights Afreximbank's dedication to aiding Africa's mining industry and making sure the continent's abundant mineral resources serve as a driver for long-term economic development instead of leading to ongoing reliance on raw materials.
Built on more than ten years of successful mining projects, A2MP has developed into a broad-based pan-African platform centered around mining and processing. The platform is dedicated to unlocking and expanding the value chains of minerals and metals in a sustainable manner across Africa. It currently manages a strong pipeline of twelve mineral assets and four processing centers, with a varied portfolio covering nine countries across the continent.
This broad impact positions A2MP as a leader in initiatives aimed at creating comprehensive minerals and metals supply chains, opening up new routes for Africa's industrial development and participation in the global market — especially during a period when the sector is encountering increasing difficulties due to the exhaustion of high-quality and readily available ore deposits.
A2MP combines a varied collection of top-tier mining assets and operational companies spanning various mineral categories, such as gold, bauxite and alumina, manganese, and iron ore, among others. A2MP will also establish further processing centers, including those focused on rare earths, battery materials, and other essential minerals, to enhance value creation throughout the region.
Dr. George Elombi, the newly appointed President and Chairman of the Board of Directors of Afreximbank and FEDAcommented: "We are happy to have successfully concluded this investment in Africa Minerals and Metals Processing Platform (A2MP), which corresponds with our overall goal to reshape Africa's trade and economic structure. Through this investment, Afreximbank is supporting the continent's shift from exporting raw materials to establishing a fully integrated mining and local manufacturing system. Our funding for the platform will increase local processing capabilities and develop the infrastructure necessary for adding value across various mineral types. A2MP's unified platform ensures that a larger portion of the continent's mineral wealth remains within African economies, fostering the development of competitive industrial clusters and high-paying jobs."
Gagan Gupta, the creator of A2MPFEDA and Afreximbank's backing represents a significant milestone in Africa's industrial development. It goes beyond a financial collaboration; it is a strong declaration of Africa's capacity to take the lead in the global value chain for minerals and metals. This strategic investment enables us to expand our fully integrated approach to responsible mining, processing, and transformation, while speeding up the growth of high-value local industries throughout Africa. Our goal is to make A2MP the foundation of the continent's upcoming industrial transformation, generate thousands of jobs, and bring sustainable benefits to communities. With FEDA and Afreximbank as essential partners, we are certain of our ability to change global views of Africa, shifting its image from a resource-rich region to a center for processing and manufacturing.
Marlene Ngoyi, the CEO of FEDA, mentionedOur commitment to A2MP represents the kind of innovative investment that closely matches our aspirations for Africa's mining sector. The platform's approach focuses on keeping value addition and processing within the continent, ensuring that the true economic benefits of Africa's mineral resources are realized locally. Through offering a wide array of strategic minerals, A2MP distinguishes itself as a distinctive platform able to develop strength across essential supply chains while promoting stability and long-term viability.
Media Contact:
Vincent Musumba
Media Relations and Events Coordinator
Email: press@afreximbank.com
About FEDA:
The Fund for Export Development in Africa ("FEDA") is the impact investment arm of Afreximbank (www.afreximbank.com), established to offer equity, quasi-equity, and debt financing to bridge the multi-billion-dollar funding gap—especially in equity—required to transform the trade sector across Africa. FEDA follows a multi-sector investment approach focusing on intra-African trade, value-added export growth, and manufacturing supply chains, covering areas such as financial services, technology, consumer and retail products, manufacturing, transportation and logistics, agribusiness, and supporting trade infrastructure like industrial parks. To date, FEDA has invested over US$1.3 billion in businesses and projects through its various fund initiatives, spanning sectors including manufacturing, agro-processing, financial services, healthcare, and pharmaceuticals, among others.
About Afreximbank:
The African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution tasked with financing and promoting trade within and outside Africa. For more than three decades, the bank has implemented innovative structures to provide financial solutions that support the transformation of Africa's trade structure, accelerate industrialization, and enhance intra-regional trade, thus driving economic growth across the continent. A strong advocate for the African Continental Free Trade Agreement (AfCFTA), Afreximbank has introduced a Pan-African Payment and Settlement System (PAPSS), which was adopted by the African Union (AU) as the payment and settlement platform to facilitate the implementation of the AfCFTA. In collaboration with the AfCFTA Secretariat and the AU, the bank established a US$10 billion Adjustment Fund to assist countries in effectively participating in the AfCFTA. By the end of December 2024, Afreximbank's total assets and contingencies exceeded US$40.1 billion, while its shareholder equity reached US$7.2 billion. Afreximbank has received investment grade ratings from GCR (international scale) (A), Moody's (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-), and Fitch (BBB-). The bank has developed into a group entity consisting of the Bank itself, its equity impact fund subsidiary known as the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (collectively referred to as "the Group"). The Bank is based in Cairo, Egypt.
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