FSD Africa Investments (FSDAi)
Last updated: 10/11/2026Program Overview
Program description and objectives:
FSD Africa Investments (FSDAi) is a specialist financial sector investor established by FSD Africa and the UK's Foreign Commonwealth and Development Office (FCDO) to strengthen and deepen Africa's financial markets. We bridge critical funding gaps by investing patient, risk-bearing capital in novel financial instruments, facilities, and intermediaries. Our strategic investments take on early risk, test new models and catalyse capital from others to gradually transition the financial sector to finance Africa’s economic resilience and growth. To date, FSDAi, backed by FCDO investment, has committed £170+ million to 27 investments, and successfully exited two investments in the region, one at 2x money.
Instrument types offered:
Guarantees, Concessional and catalytic debt, Catalytic equity
Institutions this program is normally offered to:
Investment funds, Commercial banks
Eligible regions:
Africa
Eligible intermediate regions (optional):
Eastern AfricaMiddle AfricaNorthern AfricaSouthern AfricaWestern Africa
Eligible sectors:
AgricultureEnergyFinancial servicesHealthHousing and real estateIndustry and tradeInfrastructure (Non - Energy)
Program status:
Open
Formal application process:
No
Program webpage (optional):
Primary point of contact for this program:
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Optional offering details
Main currencies available:
USD - US dollar, EUR - Euro, Selected Local Currencies, GBP - U.K. pound
Disclaimer
All information on catalytic capital providers and programs was submitted to GCBC by third party capital providers. The Catalytic Capital repository is an open-access online tool that lists information provided by catalytic capital providers in central location for public use.
