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


Funded by

Advised by

The SANAD Impact Report is here!

Read the new SANAD Impact Report: Digitalizing the future of Entrepreneurship and discover more about the increasingly important role digitalization is playing in supporting the growth and prosperity of micro, small and medium enterprises within the Middle East and North Africa and sub-Saharan Africa regions.   



Facts and Figures

million USD

Outstanding Portfolio Debt Sub-Fund

million USD

Outstanding Portfolio Equity Sub-Fund


Partner Institutions/Investees Debt Sub-Fund


Investments Equity Sub-Fund I and II


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

Figures as of:

Q4 2022