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The document outlines systemic financing barriers in Africa, noting that climate tech start-ups, nature-based enterprises, and women entrepreneurs—particularly in Francophone West Africa—struggle to access necessary investment. It highlights that Africa receives only 6% of global biodiversity funding and that in Senegal, only 3.5% of women entrepreneurs access formal finance. A specific case study focuses on Saglan Wajee General Hospital in Ethiopia, which, supported by FSD Africa's BimaLab, launched 'Efoy', a micro-health insurance product. Efoy 1.0 attracted over 1,200 customers in its first year, and the subsequent Efoy 2.0 has reached 900 new clients, providing affordable coverage for low- and middle-income families.
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Document type: Case study