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Afreximbank’s FEDA Acquires Stake in Geregu Power Plc

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Afreximbank’s FEDA Acquires Stake in Geregu Power Plc

The Fund for Export Development in Africa (FEDA) of the African Export-Import Bank (Afreximbank) has announced that it has obtained internal clearances to purchase a strategic minority investment in Geregu Power Plc. The move, according to a statement released yesterday by Afreximbank, is to realize Nigeria’s power sector roadmap – one of the country’s top
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