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Jul 1, 2024

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Zanaco partners with German Sparkassenstiftung to empower SME growth

Zanaco has forged a significant partnership with German Sparkassenstiftung Southern Africa to tackle the challenges hindering SMEs’ access to finance. The Memorandum of Understanding (MoU) signed between the two entities marks a pivotal moment in enhancing the inclusivity of Zambia’s financial ecosystem. This collaboration aims to foster transformative outcomes, empowering SMEs to thrive and contribute meaningfully to economic growth and sustainable development.

The signing ceremony, attended by Zanaco’s Acting CEO, Kalengo S Simukoko, and Chief Commercial Officer, Chali E. Mwefyeni, among other key stakeholders, underscores the commitment to leveraging expertise and resources to support SMEs comprehensively. Together, Zanaco and German Sparkassenstiftung Southern Africa are set to innovate and implement strategies that will unlock new opportunities for SMEs across Zambia.

The partnership signifies a bright future as both organizations embark on a journey to empower local businesses, drive economic resilience, and foster long-term prosperity.

For more information on Zanaco please visit www.zanaco.co.zm

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