FSD Africa

The Earthshot Prize is coming to #Africa for the first time this November, and we're delighted to be part of the action-packed #EarthshotCapeTown! Taking place across five days of landmark events, #EarthshotWeek2024 will spotlight groundbreaking environmental solutions and bring together world-leading innovators, investors and philanthropists to drive forward the restoration and protection of our planet.   In partnership with the Nairobi Climate Network, we supported the creation of The Climate Network (TCN) to build a powerful, collaborative ecosystem that accelerates #ClimateAction across Africa. At #EarthshotCapeTown, we will unveil the South Africa 🇿🇦 chapter with the additional aim of fostering connections with Earthshot Prize nominees and engaging local climate champions committed to transformative change. SPOTLIGHT: Francis N., Founder of Keep IT Cool (KIC), a Catalyst Fund investee, is a finalist for the prize! His sustainable refrigeration solutions for small farmers and fishers are transforming food security and stability.   Read more: 🔗 https://lnkd.in/eVyx27iv   Also on the agenda: Our Director, Early-Stage Finance, Juliet Munro, will give insights on #TECA, a venture launcher for seeding and incubating bold new #ClimateResilience solutions, developing ideas into viable businesses, at a side event hosted by AfriLabs.  -- #MakingFinanceWork #AfricaClimateAction #AfriLabs2024 #AfricaInnovation

#ClimateChange and #biodiversity loss are existential threats to humanity, with Africa bearing the brunt of their impacts. As a climate-vulnerable continent, #Africa faces profound economic, social, and developmental risks, exacerbated by its heavy reliance on natural capital and alarming rates of biodiversity loss. To reverse this trend, we urgently need substantial funding, particularly from #PrivateCapital. In response,#FSDAfrica in partnership with the African Natural Capital Alliance (ANCA) and Finance Earth, is excited to launch the 𝗖𝗮𝗿𝗯𝗼𝗻 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿 𝗣𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗲 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗘𝗻𝘃𝗶𝗿𝗼𝗻𝗺𝗲𝗻𝘁 (CAPE). This initiative aims to support high-integrity, nature-based carbon projects across the continent, addressing the critical investment gap they encounter. #CAPE will provide: 🟢 Essential project development services 🟢 Transaction advisory support 🟢 Pathways to help promising initiatives reach financial close 🔍 Expressions of interest opens in early November! To learn more and express your interest in participating, please visit our website: https://lnkd.in/djpgH8HF -- #MakingFinanceWork #ClimateAction #GreenInvestment #NatureBasedSolutions #SustainableDevelopment -- Juliet Munro, Reshma Shah, Nzomo Mbithuka. CDFP,MBA,PhD-Ongoing., Mary Kashangaki, Tolulope Babajide, Sophie Mills, Kuria Wanjau, Winnie Mokaya, Shannon Wangwe, Kaara Wainaina, Dorothy Maseke ,CFIRM, Richard Speak, Jonathan Israel Kelvin Massingham

For those at COP16 Colombia join us today, 31st October, at 5pm at the Nature Positive Pavilion for the following FSD Africa event. Looking forward to the discussions with Anna Colquhoun (GSMA) Chiyedza Heri (Ubuntu Alliance) Monique Atouguia (NatureFinance and Julie Havemann (Development Bank of Southern Africa (DBSA)) You can also join us using the live link: https://lnkd.in/ezk7Aije Spoiler alert: we will also be launching our nature-based projects accelerator, CAPE, at this event 🎉🎉🎉 Dorothy Maseke ,CFIRM

Huge congratulations to our investee, Nithio, for receiving the 𝗛𝗶𝗴𝗵𝗹𝘆 𝗖𝗼𝗺𝗺𝗲𝗻𝗱𝗲𝗱 𝗔𝘄𝗮𝗿𝗱 in the 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗔𝗰𝗰𝗲𝘀𝘀 𝘁𝗼 𝗖𝗹𝗲𝗮𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 category at the 𝗔𝗳𝗿𝗶𝗰𝗮 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗹𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗔𝘄𝗮𝗿𝗱𝘀 hosted by the Financial Times, FT Live, and The World Bank Group's MIGA (Multilateral Investment Guarantee Agency)!   This award celebrates Nithio's impactful commitment to delivering scalable finance solutions that promote #ClimateResilience and #adaptation in regions most affected by #ClimateChange. Nithio is a pioneering climate-focused #fintech platform that utilises its unique Risk Analytics Engine—a tool that combines customer repayment data, geospatial insights, and #AI to standardise #CreditRisk assessment. Through its #BlendedFinance investment vehicle, #FAIR (Facility for Adaptation, Inclusion, and Resilience), Nithio delivers risk-informed debt to clean energy companies working to close the energy access gap across #Africa. As #FSDAi, we’re proud to have invested £𝟯.𝟱𝟲 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗲𝗾𝘂𝗶𝘁𝘆 to fuel Nithio’s journey. This investment has enabled Nithio to extend risk-adjusted #DebtFinancing to a diverse portfolio of pioneering #SMEs and scale-ups throughout sub-Saharan Africa, helping to expand energy access and empower sustainable, resilient communities.   A huge thanks to our co-investors, including European DFIs - EDFI, The Schmidt Family Foundation, FMO - Dutch entrepreneurial development bank, IFU, U.S. International Development Finance Corporation and more. Together, we’re accelerating #ClimateAction and expanding #CleanEnergy access across Africa! Catch the complete Africa Sustainable Future Awards broadcast here: https://lnkd.in/dF2m8S6T -- #MakingFinanceWork #ImpactInvesting #InvestInAfrica -- Anne-Marie Chidzero, Amos Gachuiri, Beatrice Mubia, Stephen K. Macharia, Zee de Gersigny, Judith Nekesa, May Yego, Keziah Kibata, Alphonce Mwangi, Olasunkanmi Olafare, Ian Muiru, Golda Bagaja, Waithera Njiiri, Loreen Njeri, Nicolas Kirui, Sharon Chweya.

Two trillion dollars—that’s the estimated amount of private domestic capital available within Africa's #FinancialEcosystem, held across #pension funds, #insurance firms, and other institutional investment vehicles. This financial potential holds the promise to define Africa’s future. By tapping into domestic resources, Africa could be more self-reliant in funding her growth agenda. But how exactly does it do that? Here is Chinua Azubike, Managing Director and CEO of InfraCredit who spoke in our panel “Financing the frontier: Mobilising private finance across the capital continuum” We are proud to have sponsored AFSIC - Investing in Africa, a premier African investment conference, and joined leaders, investors, and visionaries in exploring and hastening investment across the continent. Stay informed about our latest events by subscribing to our newsletter:https://lnkd.in/ef9WFKK4 -- #MakingFinanceWork #SustainableFinance #ImpactInvesting #InvestInAfrica -- Mark Napier, Evans Osano, DBA, Kelvin Massingham, Kevin Munjal, Juliet Munro, Elias Omondi, Dorothy Maseke ,CFIRM, Mary M. Njuguna, Reshma Shah, Kaara Wainaina, Wanjiru Kamau, Angellah Khamala, Cynthia Burudi, Stephen Bevan, Zee de Gersigny, May Yego, Jonathan Israel.

𝗛𝗮𝗽𝗽𝗲𝗻𝗶𝗻𝗴 𝗧𝗼𝗱𝗮𝘆! Join us for the #BimaLab Africa Insurtech Summit, live from Rabat, Morocco! Get ready to explore the future of #insurtech and #innovation in #Africa. Don’t miss out on insightful sessions, inspiring keynotes and powerful pitches from the ventures. You can follow the 2024 BimaLab Africa insurtech summit happening today via this link: https://lnkd.in/dRYZW34W -- #BimaLabSummit2024 #InsurtechAfrica #FinancialInclusion #InnovationInAfrica #MoroccoSummit #BimaLabAfrica -- Tellistic Technology Services, FSD Network, Elias Omondi, Elizabeth Njambi, Titus Kisenga, British Embassy Morocco, Autorité de Contrôle des Assurances et de la Prévoyance Sociale (ACAPS) - MAROC, Swiss Re, Abderrahim Chaffai.

Our Senior Specialist, Capital Markets, Cecilia Bjerborn Murai, will be joining a high-level panel of experts in a webinar hosted by Making Finance Work for Africa (MFW4A) and the Capital Markets Development Trust Fund (CMDTF). This timely discussion will focus on the theme: Promoting sustainable capital markets: Evidence from selected African countries. 🗓 Date: Thursday, 31st October 2024 🕒 Time: 11.00 – 12.30 (Abidjan GMT) | 13.00 – 14.30 (Gaborone) | 14.00 – 15.30 (Cairo, Nairobi). The session will explore: ▪️ Initiatives shaping sustainable capital markets across Africa ▪️ The regulatory frameworks mainstreaming long-term environmental, social, and governance (#ESG) considerations ▪️ How sustainable investment instruments contribute to financing #SDGs and AfDB High 5 priorities The webinar will feature insights from African stock exchanges, #CapitalMarket authorities and institutional investors, who will discuss the challenges, opportunities and actionable recommendations for policymakers, the private sector and development partners. 🔗 Join the conversation to deepen your understanding of sustainable capital markets: https://lnkd.in/dr4Wtwce -- #MakingFinanceWork #SustainableFinance #CapitalMarkets #ESG #AfricaFinance #SustainableInvestment #SDGs

What a ride the last 6 months have been with 25 insurtechs and 15 regulators that participated in the 𝟮𝟬𝟮𝟰 𝗕𝗶𝗺𝗮𝗟𝗮𝗯 𝗔𝗳𝗿𝗶𝗰𝗮 𝗜𝗻𝘀𝘂𝗿𝘁𝗲𝗰𝗵 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗼𝗿 𝗽𝗿𝗼𝗴𝗿𝗮𝗺 representing 16 African nations.🌍   This week we mark the graduation of the 2024 cohort with a demo day and the annual #BimaLab Africa insurtech Summit. A huge thank you to our hosts and partner Autorité de Contrôle des Assurances et de la Prévoyance Sociale (ACAPS) - MAROC.   Day one of the demo day week started on a high note. We learnt more about the Morocco insurance landscape from The Autorité de Contrôle des Assurances et de la Prévoyance Sociale (ACAPS) - MAROC market organization team and Fédération Marocaine de l'Assurance.   We visited two market players in #Morocco: AtlantaSanad Assurance and Chari | YC S21 | Ecom and Fintech apps for retailers in Francophone Africa to give the cohort real insights from a traditional insurer and an innovative insurtech in the market.   We closed the day with interactive clinic sessions on gender and fundraising.   The next stop is The BimaLab Africa Insurtech Summit on 31 October in Rabat, Morocco where we will put these innovators and founders on stage to pitch their businesses to global investors and ecosystem partners. You don’t want to miss that.   Register to join The BimaLab #Africa Insurtech Summit: https://lnkd.in/eGF7TXM5 -- #MakingFinanceWork #InsuranceInnovation #SustainableDevelopment #FinanicialInclusion -- Tellistic Technology Services, FSD Network, Elias Omondi, Elizabeth Njambi, Titus Kisenga.

#Africa stands at a turning point where #ClimateChange poses profound risks to its economies, yet also presents an unprecedented opportunity to lead in green growth. Mark Napier, our CEO at #FSDAfrica, sees this Landscape of Climate Finance in Africa 2024 report as more than an analysis—it’s a call for Africa to seize its moment on the global stage. By pioneering #GreenIndustries and investing in resilient infrastructure, Africa has the potential to transform climate vulnerability into economic strength. This report reveals how #ClimateFinance can be a force for stability and African-led innovation, equipping the continent to shape its future rather than adapt to it. Read the full report to see how Africa is charting a new path in sustainable growth: https://lnkd.in/dapGhPNg -- #MakingFinanceWork #Adaptation #Mitigation #WBGMeetings #ClimateFinance -- Mark Napier, Jemima Gathumi, Mary M. Njuguna, Sandy O. Okoth, Amos Mugi, FRM, Anne-Marie Chidzero, Juliet Munro, Kelvin Massingham, Kevin Munjal, Stephen Mwithi, Chavi Meattle, Anna Balm, Gaoyi Miao, Sean Stout, Ishrita Gupta, Sasha Abraham, Alfred Sloley, Dharshan Wignarajah, The World Bank, The Brookings Institution, International Monetary Fund, Mahmoud Mohieldin, Daouda Sembene, PhD, Jean-Paul Adam, Mike Peo, Sagarika Chatterjee, Saliem Fakir, Timothy Afful-Koomson, PhD-, Cecilia Bjerborn Murai.

Today marked Day 1 of the 4th session of the Africa Climate Finance Leadership Programme, an essential gathering of leaders from Kenya 🇰🇪, Tanzania 🇹🇿, Ethiopia 🇪🇹 and Ghana 🇬🇭 to explore the transformative potential of #ClimateFinance for the continent. Against the circumstances of global pressures, biodiversity loss and rapid social and economic shifts, this cohort of delegates focused on redefining #Africa’s role in the climate finance landscape.   The session kicked off with thought-provoking discussions on the implications of today’s economic, social and environmental pressures and trends on Africa’s financial sector. We dug into climate science, addressing the urgency for African leaders to challenge the perception that financing Africa is "risky." The key takeaway from today’s session is reframing climate finance as necessary rather than optional for a sustainable global future.   Key highlights: 🔘 Understanding global pressures: The financial sector plays a pivotal role in addressing biodiversity loss, impacts on coral reefs, and ocean acidification. 🔘 Implications for Africa: How today’s framing of “risky” African climate finance deters investment and escalates capital costs - while recognising that inaction may be the riskiest choice of all. 🔘 Science & strategy: A deeper dive into climate science and the financial strategies needed for Africa to build resilience and drive sustainable economic growth.   Through this programme, in partnership with the University of Cambridge’s Cambridge Institute for Sustainability Leadership (CISL), ESAMI and the International Institute for Environment and Development (IIED), African leaders are sharpening their understanding of climate finance, equipping themselves to mobilise capital flows toward impactful, climate-smart projects - setting the stage for an empowered, climate-resilient Africa.   #MakingFinanceWork #ClimateFinance #SustainableDevelopment #ClimateResilience -- Evans Osano, DBA, Sandy O. Okoth, Cecilia Bjerborn Murai, Adebayo Araoye, Brian O. Yalla, CFA, CAIA, CIPM, MCSI, CIFA, Evelyne Matibe, Jemima Gathumi, John Ross (JR) SOGBOSSI, Vimal Parmar, CFA, MBA, Allan Musumba, Stephen Mwithi, Ms Khanyisile Mlambo, Richard Calland, Sibusiso Nkomo, Anton Cartwright, Malcolm Gray, Susan Njoroge, Yvonne Maingi   Institute of Accountancy Training (Ministry of Finance),Accra-Ghana), Ghana Infrastructure Investment Fund (GIIF), FIMCO, Ltd., Bank of Tanzania, Ministry of Finance, Ethiopia , Ministry of Planning and Development Ethiopia, FSD Ethiopia, Central Bank of Kenya