The SANAD Fund for MSMEs Expands Financing to Agribusinesses in Morocco and Egypt

Luxembourg April 8, 2025 The SANAD Fund for MSMEs, advised by Finance in Motion, has taken a significant step in strengthening agricultural economies in Morocco and Egypt by signing its first direct finance transactions. Under SANAD’s debt sub-fund, these investments mark an important milestone in the fund’s commitment to empowering agribusinesses, enhancing food security, and fostering sustainable agricultural practices across the Middle East and North African (MENA) region.

SANAD will be providing financing of USD 4 million to Maisadour Maroc in Morrocco and USD 4.5 million to Capital Agro in Egypt. These funds will be onlent to small agricultural SMEs, equipping them with essential working capital and investment resources to boost productivity and resilience. In addition to financial support, SANAD will provide capacity building to strengthen Environmental, Social, and Governance (ESG) frameworks, promoting more responsible and sustainable agricultural practices.

Strengthening Supply Chains and Sustainable Farming
Agriculture remains a cornerstone of the economies in Morocco and Egypt, playing a vital role in employment and GDP contribution. By channeling financing to smallholder farmers and agribusinesses, SANAD is ensuring that local supply chains remain robust and capable of adapting to evolving market demands.

Maisadour Maroc, a subsidiary of the French cooperative Maisadour Group, is Morocco’s largest producer and exporter of sweet corn. Since its establishment in 2002, the company has significantly contributed to the agricultural sector by providing small farmers with high-quality seeds, advanced techniques, and sustainable farming solutions.

Capital Agro, a leading Egyptian trader of agricultural and animal products, specializes in the import of frozen meat products for the local market and the export of fresh and frozen fruits and vegetables globally. By ensuring access to high-quality agricultural inputs, Capital Agro plays a key role in enhancing the productivity and competitiveness of Egypt’s smallholder farmers.
Both investments align with Sustainable Development Goal 2 (Zero Hunger) by strengthening food security and promoting sustainable farming practices in the region.

A Commitment to Long-Term Impact
Daniel Beckmann, Chair of the SANAD Board, emphasized the significance of these transactions:
“Supporting small agribusinesses is a key priority for SANAD. These investments not only provide crucial financial resources but also drive long-term structural impact by fostering economic stability, food security, and sustainable development in Morocco and Egypt. Our goal is to empower local businesses while promoting sustainable agricultural practices that benefit entire communities.”

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About SANAD  
The SANAD Fund for MSME finances micro, small, and medium enterprises and low-income households in the Middle East and North Africa and selected countries in sub-Saharan Africa via qualified local lenders. SANAD thereby fosters economic development and job creation – including youth employment – agriculture, affordable housing, and innovations in finance and financial technologies. SANAD strives to meet these goals by providing debt and equity financing to its local partners. The SANAD Technical Assistance Facility multiplies the fund’s development impact and outreach through capacity-building with partner institutions, developing financial infrastructures according to the principles of responsible finance and conducting much required R&D. 
An impact investment fund advised by Finance in Motion, SANAD’s investors include the KfW Development Bank, which initiated the fund; the German Federal Ministry for Economic Cooperation and Development (BMZ); the European Union; Switzerland’s State Secretariat for Economic Affairs (SECO); OeEB, the Development Bank of Austria; Germany’s GLS Bank and GLS Treuhand; the Dutch development bank FMO; and Calvert Impact Capital.  
For more information on the SANAD Fund for MSME, please visit: www.sanad.lu  

About Finance in Motion   
Finance in Motion is a global impact asset manager focused exclusively on sustainable development in emerging markets and developing economies. The company structures, manages, and advises impact investment funds that bring together public and private investors to address climate change, strengthen biodiversity conservation, foster the sustainable use of natural resources, improve livelihoods, and promote economic opportunities.  

For more information, please visit us at: www.finance-in-motion.com   
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Media contact

SANAD
Nusha Westhoff
Marketing & Communications  
Phone: +49 69 271 035-789  
Email: press@sanad.lu