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Funding for Africa

SWEACC helps you find the right funder for business in East Africa. We refer you onwards, we do not give financial advice.

Find funding

7 fundersLast updated: 2026-10-26

EU · Development bank

EIB Global

Instruments
Credit lines through local banks
Who can apply
Micro and small businesses through partner banks
Route in
Through a partner bank, such as Centenary Bank in Uganda
Open to Swedish companies
No
Countries
Including Uganda and Kenya
Sectors
Trade, agriculture
Amount
50 miljoner euro via Centenary Bank, matchat till 100 miljoner (aug 2026)
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Sweden (Sida, operated by SNV) · Challenge fund

Innovations Against Poverty (IAP)

Instruments
Co-financed grants up to 200 000 euro
Who can apply
Innovative, inclusive companies operating in the programme countries
Route in
Open calls
Open to Swedish companies
If operations are based in the programme country
Countries
Uganda, Ethiopia, Zambia (also Cambodia, Bangladesh)
Sectors
Agriculture, food, nutrition, clean energy, water, climate
Amount
Upp till 200 000 euro
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Sweden/pan-African · Venture capital fund

Norrsken22

Instruments
Equity
Who can apply
Growth-stage tech companies
Route in
Directly to the fund
Open to Swedish companies
No, African companies
Countries
All of Africa
Sectors
Fintech, edtech, medtech, marketplace services
Amount
Fond på cirka 205 miljoner dollar (2023)
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France (AFD group) · Development finance institution

Proparco och Choose Africa

Instruments
Equity for startups and VC funds, loans through banks
Who can apply
Young innovative MSMEs and tech startups in Africa
Route in
Directly or through VC funds and banks
Open to Swedish companies
No
Countries
All of Africa
Sectors
Tech, MSMEs
Amount
Garantivolym upp till 44 miljoner euro, öppet till jan 2028
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Sweden · Guarantee

Sidas garantiinstrument

Instruments
Guarantees for banks and investors
Who can apply
Banks and investors. Companies obtain loans through them
Route in
Through a local bank with a Sida guarantee
Open to Swedish companies
No, applies to local borrowers
Countries
Sida’s partner countries
Sectors
Agriculture, health, renewable energy, manufacturing
Amount
Ej tillämpligt
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Sweden · Development finance institution

Swedfund

Instruments
Equity, loans, guarantees through EDFI MC
Who can apply
Companies and financial institutions in developing countries
Route in
Directly for larger investments. Small companies are mainly reached through local banks
Open to Swedish companies
Yes, as a shareholder or partner in the project
Countries
Sub-Saharan Africa
Sectors
Energy and climate, financial inclusion, sustainable business including health and digital, food
Amount
Ej publicerat
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Sweden · Project preparation

Swedfund Project Accelerator

Instruments
Grants for preliminary and feasibility studies
Who can apply
Public project owners in developing countries
Route in
The project owner contacts the Project Accelerator team
Open to Swedish companies
Indirectly, as a supplier or consultant in the project
Countries
OECD/DAC countries
Sectors
Clean energy, sustainable transport, circular solutions
Amount
Ej publicerat
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