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FSD Africa sets up Sh3.9bn fund to scale up insurance start-ups
A panel discussion during the launch of the FSD Africa venture fund on November 26, 2025 at the Sarit Centre Expo. The fund will accelerate insurance innovation in Africa to close the continents protection gap.
Photo credit: Francis Nderitu I Nation Media Group
Financial Sector Deepening (FSD) Africa has announced a $30 million (Sh3.89 billion) fund aimed at supporting insurance start-ups to scale their operations and accelerate the uptake of insurance products across the continent.
The fund, called Inclusive Insurtech Investment Fund (3iF), will bridge the financing gap that prevents promising tech-enabled solutions from scaling and addressing Africa’s substantial insurance protection gap.
