Based in Nairobi, Kenya, Financial Sector Deepening Africa (FSD Africa) is a non-profit investment company, funded by the UK‚Äö√Ñ√¥s Department for International Development (DFID), which aims to increase prosperity, create jobs and reduce poverty by bringing about a transformation in financial markets in sub-Saharan Africa (SSA) and in the economies they serve.
It provides technical know-how and capital to champions of change whose ideas, influence and actions will make finance more useful to Africans businesses and households. It acts as a ‚Äö√Ñ√∫market catalyst‚Äö√Ñ√π, adopting the ‚Äö√Ñ√∫making markets work for the poor (M4P) approach‚Äö√Ñ√π.
Through access to finance initiatives, it seeks to build financial inclusion. Through capital market development it looks to promote economic growth and increase investment. As a regional programme, it seeks to encourage collaboration, knowledge transfer and market-building activities both within and across borders, and especially in fragile and conflicted-affected states (FCAS). Where there are opportunities to drive financial market transformation more quickly and intensively through capital investment, FSD Africa will deploy equity, loans or guarantees as the situation requires.