{"query_echo":{"q":"","filters":{"analysis_type":["programme update"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'programme update' for facet 'analysis_type' is not in the controlled vocabulary."}]},"total":{"value":2,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?analysis_type=programme+update","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"fsdafri-000102","url":"https://climateinsightsdirectory.org/document/fsdafri-000102","title":"Africa Private Equity and Debt Programme","publisher":{"name":"FSD Africa","organization":"fsd-africa"},"document_type":"fact sheet","language":"en","date_published":"2022-10","source_url":"https://fsdafrica.org/wp-content/uploads/2025/05/Capital-Markets-Africa-Private-Equity-and-Debt-Programme-Reviewed-by-JG.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","geography_discussed","analysis_type"],"summary":{"text":"The Africa Private Equity and Debt Programme (2020-2025) focuses on developing private capital markets across Africa to complement public markets. It seeks to increase the participation of local institutional investors, particularly pension funds, through regulatory reform, capacity building, and the creation of demonstration transactions. Key achievements include supporting Kenya's policy framework for private equity and venture capital, launching the AVCA Training Academy, and conducting market studies on private debt and pension fund investments in Southern Africa.","ai_generated":true,"unit":"fsdafri-000102#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The programme's primary objective is to enhance the availability of long-term financing for priority social and economic sectors in Africa by increasing the participation of local institutional investors, especially pension funds, in private equity and debt to complement development finance institutions.","ai_generated":true,"unit":"fsdafri-000102#insight-1","date_modified":"2026-10-23"},{"text":"In Kenya, the programme supported the Capital Markets Authority (CMA) in finalising a policy framework for private equity and venture capital, which was approved by the CMA board in 2021. This process included a benchmarking study on regulatory options conducted by the East Africa Venture Capital Association (EAVCA).","ai_generated":true,"unit":"fsdafri-000102#insight-2","date_modified":"2026-10-23"},{"text":"FSD Africa commissioned a study in July 2021 via Lions Head Global Partners to analyse Africa's private debt markets, covering size, evolution, management, structure, investment sectors, regulation, and investor appetite, with specific inputs from Nigeria, Kenya, Morocco, and Ghana.","ai_generated":true,"unit":"fsdafri-000102#insight-3","date_modified":"2026-10-23"},{"text":"The AVCA Training Academy, a digital platform for professional development for private equity practitioners, was launched in September 2021; it has completed 12 modules, with 10 more under development, and includes an ESG Training Series.","ai_generated":true,"unit":"fsdafri-000102#insight-4","date_modified":"2026-10-23"},{"text":"The programme is actively supporting the co-creation of funding structures in Ghana, Tanzania, and Nigeria to encourage domestic institutional investors to invest in private equity and private debt as asset classes.","ai_generated":true,"unit":"fsdafri-000102#insight-5","date_modified":"2026-10-23"}],"climate_tags":[],"geography_discussed":["Kenya","South Africa","Nigeria","Morocco","Ghana","Tanzania"],"frame_perspective":[],"analysis_type":["programme update"]},{"id":"fsdafri-000213","url":"https://climateinsightsdirectory.org/document/fsdafri-000213","title":"Geothermal Risk Transfer Facility","publisher":{"name":"FSD Africa","organization":"fsd-africa"},"document_type":"briefing","language":"en","date_published":"2022-10","source_url":"https://fsdafrica.org/wp-content/uploads/2025/05/Risk-Resilience-Geothermal-Risk-Transfer-Facility.pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"The Geothermal Risk Transfer Facility aims to catalyse private investment in African green energy by establishing a joint underwriting facility backed by local insurers to cover early-stage geothermal drilling risks. In Kenya, four insurance companies (Sanlam, APA, ICEA Lion, and Mayfair) have committed as founding members, and engagement with the regulator is positive. In Ethiopia, the programme has engaged with 13 of 18 insurance companies and plans a gap analysis with the national regulator.","ai_generated":true,"unit":"fsdafri-000213#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"The programme seeks to mobilise African risk capital to de-risk renewable energy development, specifically by creating a joint underwriting facility to cover early-stage geothermal drilling risks, with the intent to eventually expand to other climate mitigation and adaptation risks in Africa.","ai_generated":true,"unit":"fsdafri-000213#insight-1","date_modified":"2026-10-23"},{"text":"In Kenya, the facility has secured commitments from four founding member companies—Sanlam, APA, ICEA Lion (the lead), and Mayfair—and is working with the regulator to institute the underwriting facility and a reinsurance vehicle managed by Parhelion.","ai_generated":true,"unit":"fsdafri-000213#insight-2","date_modified":"2026-10-23"},{"text":"Initial engagement in Ethiopia involved an event on 20 May attended by 13 of 18 insurance companies, representing 80% of the market, and a gap analysis with the Ethiopian regulator is scheduled for the current quarter.","ai_generated":true,"unit":"fsdafri-000213#insight-3","date_modified":"2026-10-23"}],"climate_tags":["geothermal energy","renewable energy","climate finance","insurance","climate change mitigation","climate change adaptation"],"geography_discussed":["Africa","East Africa"],"frame_perspective":[],"analysis_type":["programme update"]}]}