The Fund for Export Development in Africa (FEDA), the equity investment arm of the African Export-Import Bank (Afreximbank), has announced that Senegal and Liberia have acceded to its Establishment Agreement, while Angola and Zimbabwe have ratified it. These actions bring FEDA's membership to twenty-four countries and are expected to strengthen its capacity to support strategic investments in sectors such as logistics, agro-processing, energy, manufacturing, and financial services. The expansion is part of FEDA's broader mandate to address the equity funding gap across the continent.
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