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FSD Africa Unveils $30M Fund for Insurtech Startups

11/28/2025

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Story summary
  • FSD Africa launched the Inclusive Insurtech Investment Fund (3iF) at the BimaLab Africa Insurtech Summit in Nairobi to raise $25-30 million for early-stage insurtech startups.
  • The fund targets improved access, affordability, and awareness, prioritising climate resilience, health, and financial inclusion.
  • A Regulatory Sandbox Eligibility Assessment Toolkit was introduced to help regulators evaluate insurtech innovations.
  • The fund will launch in January 2026 to address Africa's insurance protection gap below 3%.