MDY Legal advised FSD Africa Investments on its co-anchor investment with ZEP RE in the Inclusive Insurance Investment Fund (3IF Ventures LP) with a first close of $12m

MDY Legal advised FSD Africa Investments on its co-anchor investment with pan-African reinsurer ZEP RE, in 3IF Ventures LP, a Venture capital fund registered in Mauritius and dedicated to Africa’s Insurance start up ecosystem.  The first close for 3IF Ventures LP was completed at US$12m and the Fund is targeting a final close of US $30m with approximately 15 portfolio investments.

The commitment to 3IF Ventures LP is part of FSD Africa Investments’ on-going work to deploy its patient impact capital to address the insurance protection gap in Africa at a time when the insuretech sector is ready to scale.

The full press release can be accessed here

3IF Ventures reaches first close for insurance fund

November 2026 MDYLegal