The UK-backed agency said the fund is the first in its Catalytic Transactions initiative and aims to help mobilise up to $400m for small businesses across five countries.
Director David Tetteh said the Rwanda vehicle was launched last week as FSD Africa expands financing options for small and medium-sized enterprises.
FSD Africa is backed by the UK's Foreign, Commonwealth & Development Office, linking the Rwanda launch to a wider regional push to improve SME access to capital.
Beyond Rwanda, which nations are next for FSD Africa’s $400 million SME fund and what is the timeline for their launch?
With African pension funds holding nearly $2 trillion, why is foreign-backed structuring still needed to unlock local capital for SMEs?