FEDA is the impact investment arm of the African Export-Import Bank, channelling equity into intra-African trade and industrialization.
Location
Kigali, RW
Founded
2022
The Fund for Export Development in Africa (FEDA) is the equity investment subsidiary of the African Export-Import Bank (Afreximbank), headquartered in Kigali, Rwanda. Established to close an estimated $110 billion annual equity financing gap, FEDA pursues a pan-African mandate across infrastructure, manufacturing, financial services, agribusiness, and technology.
FEDA manages four fund strategies including a Direct Equity Fund, a Strategic Initiatives Fund, an Africa Credit Opportunities Fund, and a Venture Fund, with first-close capital of $670 million toward a $1.3 billion target. In 2026 it backed African electric-mobility platform Spiro as part of a $270 million round.
FEDA - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies1
Current Portfolio Count1
Top Investment Stages
Series B1 (100.0%)
Stage Mix
Series B 100%
Concentration shown as share of disclosed investments by stage.
