FEDA purchases 5% equity stake in Geregu Power

Geregu Power Plc has notified the Nigerian Exchange and the investing public of the purchase of 5% of its shares by the Fund for Export Development in Africa (FEDA). FEDA is the impact development arm of the Africa Export and Import Bank (Afreximbank).

The purchase of the shares was concluded on the 21st of February 2023 with the purchase agreed in on the 21st of December 2022. With this purchase FEDA now currently holds 5% of Geregu Power Plc Shares