Zimbabwe secures BADEA funding for MSMEs and seeks housing equity

Zimbabwe is pulling fresh BADEA cash for small businesses while lining up a housing play behind the scenes.

MSME funding boost incoming

• Zimbabwe expects US$1 million from BADEA by March this year.
• Cash targets Micro, Small, and Medium Enterprises nationwide.
• Follow-up funding builds on earlier support.

The previous tranche is already out

• US$1.29 million already reached by 29 MSMEs.
• Disbursement happened through SMEDCO.
• Funds touched multiple business sectors.

Government talks and direction

• Mthuli Ncube met the BADEA leadership in Davos.
• Discussions pushed for deeper cooperation fast.
• Focus areas span infrastructure, energy, and industry.

Why MSMEs matter here

• The sector drives over half of GDP.
• Employs roughly 60 percent of workers.
• The government sees MSMEs as the economic backbone.

Long-term BADEA relationship

• Support stretches back to independence.
• Financing peaked during the COVID-19 period.
• Assistance covers loans, trade help, and skills.

Housing equity move brewing

• Zimbabwe seeks US$8.88 million for Shelter Afrique.
• Equity stake would rise from 1.25 percent to 5 percent.
• Attorney-General’s Office is reviewing the loan.