Fonds Souverain de Djibouti “FSD” is a sovereign wealth fund, created in the form of a joint-stock company by Law No. 075/AN/20/8th L of 29 March 2020, and inspired by Temasek Holdings from Singapore which shares many attributes with Djibouti.
The fund is expected to help improve governance and catalyse greenfield investments in strategic sectors of the economy such as sustainable natural resources and energy, telco and digital infrastructure, financial services, general infrastructure, technology, tourism, healthcare and education.
FSD aims to diversify and modernize the country's economy as well as boost the growth of the country by relying on a competitive private sector and generating wealth for future generations. Key state-owned enterprises - from utilities, and logistics to telco - are now its portfolio to drive their modernisation.
Its mission also consists of increasing investment and developing economic partnerships in the Horn of Africa region.
The CEO of FSD is Dr Slim Feriani, a dual British/Tunisian national based in London. He has over 25 years of experience in international capital markets and recently served as a minister in Tunisia where he led two portfolios, those of industry and SMEs as well as energy, mining and renewable energy.
Banque Central de Djibouti, Rue de Genève