FSD Africa | 3iF

vc$309MCo-investsLeads rounds

◆ Fund Size

$309M

◆ Check Size

$0.3M→$1.0M

◆ Location

Kenya

◆ Activity

Statusactively investing

◆ Links

Website ↗

◆ Investment Thesis

Targeting early-stage African insurtech innovators to tackle the protection gap and drive climate-focused innovation through accessible and affordable technology-driven insurance platforms.

◆ About FSD Africa

3iF is a venture capital fund anchored by FSD Africa Investments, targeting early-stage InsurTech startups and tech-enabled businesses across Africa to address the continent's insurance protection gap. It combines catalytic and commercial capital, offering growth capital to BimaLab accelerator graduates and other high-potential ventures focused on improving insurance access, affordability, and awareness in climate resilience, health, and financial inclusion. The fund launched in January 2026 with a blended structure led by partners like Zep Re.

◆ Sectors

InsurtechClimate Tech

◆ Stages

seed

◆ Geography Focus

Africa

◆ Team

Name	Title	Role
Anne-Marie Chidzero	Chief Investment Officer	C-level
Mark Napier	CEO, FSD Africa	C-level
Nes Ruwo	Investment Principal	Principal
Stephen Macharia	Principal	Principal
Zanele Moloi	Principal	Principal

◆ Notable Investments

African Transition Acceleration Fund (ATAF)InfraCredit NigeriaAcre Impact FundAfrica Local Currency Bond Fund (ALCB Fund)ARM-Harith Africa Climate Transformation (ACT) FundOnafriqNithioMFS AfricaFrontclear

◆ Traits

Leads rounds

Co-invests

◆ FAQ

What does 3iF invest in?

3iF invests in Insurtech and Climate Tech at the seed stage.

Which geographies does 3iF focus on?

3iF focuses on Africa, and is headquartered in Kenya.

What is 3iF's typical check size?

3iF typically writes checks of $0.3M to $1M.