Insurance companies, as risk managers, insurers, and investors, have a key role in building resilient, inclusive, and sustainable economies on a healthy planet. To date, that role has been limited in Africa. In response to this, the Nairobi Declaration on Sustainable Insurance (NDSI) was co-launched by ICEA Lion and UNEP in April 2021. The vision was to harness the collective financial might of the African insurance industry towards creating a sustainable, prosperous, and resilient Africa. NDSI has since grown to become a member-led initiative with over 260 signatories from 36 countries.

FSD Africa is one of the founding signatories of the NDSI, reinforcing its dedication not just in word but in action. Furthermore, FSD Africa acts as the NDSI’s secretariat, a position from which it steers eWorts, fosters synergies, and tracks advancements within the industry. This strategic involvement of FSD Africa is instrumental in ensuring that the aspirations encapsulated in the NDSI are translated into measurable impact, thereby steering the African insurance sector towards a future aligned with global sustainability targets.

In 2024, the NDSI Leadership Group approved a new strategy to guide NDSI towards achieving its vision. FSD Africa is seeking to contract a firm or group of firms (“the Consultant”) to provide core programming and relationship support for implementing key aspects of the NDSI strategy.