Venture Finance Portfolio

The Venture Finance Portfolio document provides a detailed overview of various investment funds and venture-building platforms supported by FSD Africa and FSDAi. These entities focus on scaling climate-tech, gender-lens investing, and financial inclusion across Africa, utilizing a mix of equity, grants, and debt to catalyze private capital and drive sustainable economic growth.

• Africa Climate Ventures (ACV) is an investment platform aiming to raise $30 million for its HoldCo vehicle to support up to 15 high-growth ventures. Its goals by 2030 include reducing 100 million tonnes of carbon emissions, creating 5,000 jobs (at least 50% women), and improving 50 million African lives.
• Aruwa Capital, a female-founded and led growth equity company based in Lagos, focuses on addressing gender imbalance in capital allocation. As of December 2024, it has supported 205,366 jobs, created 781 jobs, and supported SMEs that generated US$180 million in total revenue.
• The Catalyst Fund is an early-stage climate VC fund targeting 40 pre-seed climate resilience start-ups across Africa. It aims to create 3,000 jobs, support 20 million people in adapting to climate change, and mobilise US$ 100M from public and private sectors.
• Nithio is an AI-enabled energy financing platform that uses big data for credit risk assessments in the renewable energy sector. As of December 2024, it has avoided over 15 million metric tons of CO2 emissions, reached more than 3.8 million people, and supported over 52,000 SMEs.
• Persistent focuses on the Energy Transition and has advised more than $240 million in climate-focused investment capital. By December 2024, it reported avoiding over 2 million tonnes of CO2e, improving over 10 million lives, and creating over 21,000 jobs.
• The Inclusive Insurance Investment Fund (3IF), managed by Rift Partners, targets the financing gap for insurance innovations in Africa. Its targets include issuing 2 million new insurance policies and improving the financial resilience of 1.2 million people and SMEs.
• TECA (Triggering Exponential Climate Action) is a venture launcher that aims to launch 100 climate ventures by 2026, with 60 based in Africa. Since 2022, it has supported 74 fellows and 18 companies in Africa, with an 89% company survival rate.

APA

FSD Africa (n.d.). Venture Finance Portfolio. https://fsdafrica.org/wp-content/uploads/2025/11/FSD_ESFC25_Venture-Finance-Portfolio-Summary-FA.pdf

Chicago

FSD Africa. Venture Finance Portfolio. n.d. https://fsdafrica.org/wp-content/uploads/2025/11/FSD_ESFC25_Venture-Finance-Portfolio-Summary-FA.pdf.

Wikipedia

{{cite report |author=FSD Africa |title=Venture Finance Portfolio |url=https://fsdafrica.org/wp-content/uploads/2025/11/FSD_ESFC25_Venture-Finance-Portfolio-Summary-FA.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{fsdafricandventure, author = {{FSD Africa}}, title = {{Venture Finance Portfolio}}, institution = {FSD Africa}, url = {https://fsdafrica.org/wp-content/uploads/2025/11/FSD_ESFC25_Venture-Finance-Portfolio-Summary-FA.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }