The 2024 Development Impact Report by FSD Africa highlights the organisation’s progress in mobilising and allocating finance for Africa’s sustainable future. This report underscores the efforts of FSD Africa and FSD Africa Investments (FSDAi) in driving capital into under-served sectors, promoting innovative financing solutions, and addressing key challenges such as climate change, economic inclusivity, and gender equity.

In 2024, FSD Africa marked several milestones, including the issuance of sustainability bonds, deployment of de-risking instruments, and support for early-stage businesses. The report also emphasises the importance of partnerships with governments, financial institutions, and international organisations in strengthening Africa’s financial markets.

What to expect from the report:

• Sustainability Bonds: Learn about FSD Africa’s role in supporting the issuance of over £491 million in sustainability bonds across multiple African countries.
• De-risking Instruments: Discover how FSD Africa deploys de-risking instruments to attract more capital to Africa’s financial markets.
• Nature-Based Solutions: Explore initiatives aimed at financing nature-based solutions to enhance Africa’s climate resilience.
• Clean Energy Transition: Understand FSD Africa’s contributions to Africa’s transition to clean energy through strategic investments and partnerships.
• Gender-Inclusive Financing: See how FSD Africa promotes gender equity by supporting women-led businesses and issuing gender bonds.
• Early-Stage Business Support: Learn about the organisation’s role in strengthening early-stage businesses through capital allocation and technical assistance.
• Clean Mobility: Find out about projects supporting clean mobility in sub-Saharan Africa to reduce greenhouse gas emissions.
• Climate Adaptation and Resilience: Explore FSD Africa’s investments in climate adaptation to support vulnerable communities.
• Lessons and Insights: Engage with the lessons and insights gained from FSD Africa’s initiatives and consider how finance can work better for Africa’s future.