FSD Africa is a specialist development agency that helps to make finance work for Africa's future. Established in 2012, FSD Africa is incorporated as a non-profit company limited by guarantee in Kenya. It is funded by UK aid from the UK government. Its purpose is to strengthen the continent's financial system so that it is better able to support green economic development and address the challenges of climate change, poverty, population growth, and unsustainable debt. It supports market development through policy and regulatory reform, thought leadership and capacity support. Its investment arm, FSD Africa Investments (FSDAi), provides early-stage, risk-bearing, catalytic and patient capital to innovative commercial organisations to stimulate capital flows in support of green economic growth. FSDAi uses equity, debt and blended finance solutions, as well as guarantees, credit enhancements and insurance-backed structures to align risk for co-investors, backed by a capital commitment of up to £309 million from FCDO. For 2025 to 2030, FSD Africa aims to attract an additional £10bn of private capital into Africa's green economy, create or support 200,000 jobs and provide improved access to basic services for 80m people.