About
Fund for Export Development in Africa, an investment arm of Afreximbank focused on promoting exports.
News published about FEDA
Spiro Raises $215 Million as Investors Double Down on African EV Infrastructure
TechTrendsKE - Jun 02, 2026
Spiro secured $215 million in equity financing, marking a significant investment in Africa's electric transport sector. The funding will be used to expand operations in current markets and enter new countries.

Spiro raises $100 million as it takes over half of Kenya’s electric bike market
TechCabal - Oct 21, 2025
Spiro raised $100 million in funding to expand its battery-swapping network. The funding round was led by Afreximbank’s Fund for Export Development in Africa.

ARISE IIP Raises $443 Million to Accelerate Industrial Development Across Africa
Tech In Africa - Oct 07, 2024
ARISE IIP raises US$443 million in capital. US$300 million investment from Afreximbank's FEDA.
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