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Finance Earth, FSD Africa and FSD Africa Investments (FSDAi) have launched the Africa Nature Impact Fund, which is targeting $100 million for nature and nature-based carbon projects across Africa.
The fund is seeking a $20 million first close in 2027. FSDAi has made a cornerstone commitment of £5 million ($6.6 million). The fund is intended to operate as a closed-end debt fund to be managed by Finance Earth.
Finance Earth is a London-based investment manager and adviser focused on environmental projects, while Nairobi-based FSD Africa works on the development of financial markets across Africa. FSDAi is its investment arm.
James Mansfield, managing director at Finance Earth, said: “Africa holds a quarter of the planet’s biodiversity, yet nature-based projects across the continent face major challenges in accessing the patient, fairly structured capital they need to succeed. Africa Nature is designed to change this by financing projects equitably and building local investment and governance structures, so that African nature assets are financed by African financial institutions. This announcement marks a critical milestone in the delivery of this vision and the culmination of our partnership with FSD Africa to date.”
Anne-Marie Chidzero, chief investment officer at FSD Africa Investments, commented: “Catalytic capital works hardest when it unlocks markets that would otherwise remain out of reach. By anchoring the Africa Nature Impact Fund with much needed catalytic capital, we aim to de-risk high-integrity nature projects and crowd in the institutional and local investment that African landscapes and communities urgently need. This is exactly the kind of pioneering, high-impact structure FSD Africa Investments exists to support.”
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