FSD Africa Investments (FSDAi), the investment arm of the UK aid-funded financial inclusion organisation FSD Africa, has today announced a $4.5 million commitment to funds set up by Lendable Inc. This will boost the capacity of alternative financial service providers in sub-Saharan Africa to provide credit to micro, small and medium enterprises (MSMEs) recovering from the effects of the pandemic.

Lendable is a fintech startup which provides structured finance to alternative lenders in ...