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.