About SANAD

SANAD provides debt and equity finance to partner institutions in the Middle East, North and Sub-Saharan Africa to support growth and employment creation in the region’s micro, small, and medium enterprise (MSME) sector.

The fund was initiated by Germany’s KfW Development Bank, backed with funding from the German Federal Ministry for Economic Cooperation and Development (BMZ). SANAD is additionally supported by contributions from the European Commission and a diverse group of public international financial institutions and private investors.

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Initiated by

KFW

Funded by

Advised by

Facts and Figures

385,1
million USD

Outstanding Portfolio Debt Sub-Fund

20,4
million USD

Outstanding Portfolio Equity Sub-Fund

37

Partner Institutions/Investees Debt Sub-Fund

6

Investments Equity Sub-Fund I and II

280,636

Loans facilitated to MSMEs and low-income households Debt Sub-Fund

Figures as of:

Q3 2023