FUNDINGUpdated 3 months ago

AfDB FirstRand SA Package

November 2025 USD 310M AfDB package for FirstRand Bank South Africa: USD 200M MSME LoC, USD 100M women-led business facility, USD 10M ACFM agrifood facility.

Into French, Portuguese or Arabic, machine translated, with the original kept beside it.
Key Information
Organisation
African Development Bank (AfDB)
Location
South Africa, South Africa
Status
Check with organiser
Application Deadline
No fixed deadline
Published by
All Business Africa research
Type
Line of Credit
Amount
USD 310,000,000
Size
Mega
Language
English
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Description

In November 2025, the African Development Bank approved a USD 310 million financial package for FirstRand Bank in South Africa to scale lending to MSMEs, women entrepreneurs, and agribusinesses. The package consists of three components: a USD 200 million MSME line of credit, a USD 100 million facility ring-fenced for women-led businesses, and a USD 10 million African Climate-Smart Agrifood Mechanism (ACFM) component. This is one of the largest single AfDB SME-focused commitments to a South African commercial bank.

Focus Sectors

MSME, Women-Led, Agribusiness, Climate-Smart Agriculture

Source: African Development Bank

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