The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of the African Export-Import Bank (Afreximbank), has announced a $300 million strategic investment in the Africa Minerals and Metals Processing Platform (A2MP). This landmark investment underscores FEDA’s commitment to accelerating industrialization and value addition within Africa’s mining sector.
A2MP is a diversified pan-African platform focused on responsible mining and mineral processing. The company currently manages a robust pipeline comprising 12 mineral assets and four processing hubs, strategically located across nine African countries. Its integrated approach aims to retain beneficiation within the continent, ensuring that Africa captures the full economic value of its mineral resources.
Gagan Gupta, Founder of A2MP, highlighted the transformative nature of the partnership:
FEDA and Afreximbank’s support marks a pivotal moment for Africa’s industrial journey. This is more than a financial partnership—it is a bold affirmation of Africa’s potential to lead the global value chain in minerals and metals. With this strategic investment, we can scale our fully integrated model of responsible extraction, processing, and transformation, accelerating the creation of high-value local industries. Our ambition is to make A2MP the backbone of Africa’s next industrial revolution, create thousands of jobs, and deliver lasting impact for communities. Together with FEDA and Afreximbank, we aim to shift global perceptions of Africa—from a resource-rich continent to a processing and manufacturing powerhouse.
Marlene Ngoyi, CEO of FEDA, reinforced the alignment with FEDA’s vision:
Our investment in A2MP exemplifies the type of transformative initiative that aligns perfectly with our mission. The platform’s model ensures that beneficiation and processing remain within Africa, capturing real economic value 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 promoting resilience and sustainability.
