Geregu Power Plc is witnessing investors’ positive sentiment following the announcement that Afreximbank has completed the acquisition of a 5% minority stake in the company.
Positive sentiment witnessed on the shares of Geregu Power Plc resulted in a 10% or N33.500 billion during yesterday's trading session
FEDA is the impact development arm of the Africa Export and Import Bank (Afreximbank)
Afreximbank is set to commit $200 million to support the Fund for Export Development in Africa.