Within Africa, FEDA works in sectors with the highest potential for development impact:
Financial Services e.g.
- Banking
- Credit insurance
- Factoring companies
- Payment infrastructure
Manufacturing e.g.
- Food processing
- Automobile assembly
- Metal processing
Telecommunication, Media, and Technology (TMT) e.g.
- Hardware/Software
Transport, Logistics, Warehousing e.g.
- Logistics & Distribution
- Warehousing & Pack
- Pack Housing
- Payment Platforms
Consumer Goods and Retail e.g.
- Cosmetics
- Food & Beverages
- White goods
Trade-enabling Infrastructure e.g.
- Industrial parks
- Export processing parks
- Trading estates
- Trading companies
Tourism e.g.
- Leisure
- Medical
Agribusiness e.g.
- Crop production
- Animal husbandry
Creative e.g.
- Film & Music
- Arts & Crafts
- Fashion
Our Investment criteria include:
Investment targets
Start-ups, SMEs, emerging corporates and mature/large businesses
Investment focus
Expansion, buyout (in partnership with investors), mezzanine and debt capital transactions*
Instruments for investment
Equity and quasi-equity instruments
Ownership
Significant minority (preferred) and majority stakes
Investment size
Between $5 million and US$20 million (with capital increasing with funds under management)
Geographical focus
FEDA will intervene in all the African countries**
Exits
Initial Public Offering, trade (strategic) sales, secondary buyout, leveraged recapitalisation, leveraged management buyout, pre-negotiated benchmark-based buybacks or repayment of debt through cashflow or capital raising.
* Including but not limited to the purchase, sale and disposal of assets, businesses, shares and other securities in companies and the making of loans (whether secured or unsecured) directly or indirectly to companies with the principal objective of creating capital growth and realising capital gain.
** Comprising all African Union member states except Algeria, Libya, Somalia and Sahrawi Republic.