Afreximbank’s Fund for Export Development In Africa Posts $40m Profit

Leadership | 22-09-2025 08:52pm |

The Fund for Export Development in Africa (FEDA), the impact investment arm of the African Export-Import Bank (Afreximbank), closed 2024, reporting a net income of $40.3 million. The result marks a 72 per cent leap from the $23.4 million posted in 2023. This is according to its 2024 annual report. This record profit also underlies

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.