The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of the African Export-Import Bank (Afreximbank) Gabon Signs $3.8 Billion Afreximbank Deal To Boost Gold, Manganese, And Energy Sectors, has announced a landmark US$300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP).
This major investment reinforces Afreximbank’s mission to transform Africa’s mining landscape and ensure that the continent’s rich mineral resources drive sustainable economic growth rather than perpetuate resource dependency, Ecofin Agency reported.
Building on more than a decade of successful mining ventures, A2MP has evolved into a diversified, pan-African platform focused on mining and mineral processing.
Its goal is to unlock and scale mineral and metal value chains across Africa in a sustainable and integrated manner.
The platform currently manages a strong pipeline comprising twelve mineral assets and four processing hubs, with operations spanning nine countries.
This extensive reach positions A2MP as a leading force in building integrated mineral and metal value chains that foster industrialization and enhance Africa’s participation in global markets, especially as the mining industry faces growing challenges from the depletion of easily accessible, high-grade ore reserves.
A2MP’s portfolio includes a wide range of assets across several mineral classes such as gold, bauxite and alumina, manganese, and iron ore.
The platform also plans to develop new processing hubs for rare earths, battery precursors, and other critical minerals, strengthening the continent’s capacity for value addition and industrial growth.
Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank and FEDA, stated: “We are pleased to have successfully closed this investment in Africa Minerals and Metals Processing Platform (A2MP), which aligns with our broad vision to change the structure of Africa’s trade and economy.
With this investment, Afreximbank is helping the continent transition structurally from raw-material exports to a fully integrated system of mining and local manufacturing.
Our investment in the platform will scale local processing capacity and build the infrastructure needed for value addition across multiple mineral classes.
A2MP’s integrated platform ensures that a greater share of the continent’s mineral wealth is retained within African economies, enabling the creation of competitive industrial clusters and high-value jobs.”
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Gagan Gupta, Founder of A2MP, described the investment as a turning point for Africa’s industrial progress, saying: “FEDA and Afreximbank’s support marks a pivotal moment for Africa’s industrial journey.
It’s more than a financial partnership; it is a bold affirmation of Africa’s potential to lead the global value chain in minerals and metals.
This strategic investment allows us to scale our fully integrated model of responsible extraction, processing, and transformation while accelerating the creation of high-value local industries across Africa.
Our ambition is to make A2MP the backbone of the continent’s next industrial revolution, create thousands of jobs, and deliver lasting impact for communities.
With FEDA and Afreximbank as key partners, we are confident in our ability to shift global perceptions of Africa, from a resource-rich continent to a processing and manufacturing powerhouse.”
Marlene Ngoyi, CEO of FEDA, added: “Our investment in A2MP embodies the type of transformative investment that aligns perfectly with our vision for Africa’s mining future.
The platform’s model is built on retaining beneficiation and processing within the continent, ensuring that the real economic value of Africa’s mineral wealth is captured locally.
By offering diversified exposure across a broad range of strategic minerals, A2MP stands out as a unique platform capable of building depth across critical value chains while providing resilience and sustainability.”
The Fund for Export Development in Africa (FEDA) is the impact investment subsidiary of Afreximbank, established to provide equity, quasi-equity, and debt capital to help close the multi-billion-dollar funding gap, particularly in equity, required to transform Africa’s trade sector.
FEDA’s multi-sector investment strategy focuses on intra-African trade, value-added export development, and manufacturing value chains, covering sectors such as financial services, technology, consumer and retail goods, manufacturing, transport and logistics, agribusiness, and trade-enabling infrastructure such as industrial parks.
To date, FEDA has invested over US$1.3 billion in companies and projects across these sectors, including manufacturing, agro-processing, financial services, healthcare, and pharmaceuticals.
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Image Credit: The New Times
