How FNB and the G20 Are Empowering South African SMEs.
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Guest: Linnet Mhishi – Client Strategy Head for FNB Business
South Africa’s small and medium-sized enterprises (SMEs) are the backbone of inclusive growth and job creation, yet access to affordable finance has long been a stumbling block. FNB is tackling this challenge through strategic partnerships with global Development Finance Institutions (DFIs), unlocking billions in funding to derisk lending, lower interest rates, and expand support for entrepreneurs.
In this episode, Linnet Mhishi explains how these partnerships ranging from a R1.8 billion IFC credit risk-sharing facility to the R847 million NASIRA facility with FMO are helping women-owned businesses, rural and agricultural enterprises, and green economy projects access critical capital. She also unpacks the non-financial benefits DFIs bring, such as technical assistance, digital tools, and access to international markets.
South Africa’s small and medium-sized enterprises (SMEs) are the backbone of inclusive growth and job creation, yet access to affordable finance has long been a stumbling block. FNB is tackling this challenge through strategic partnerships with global Development Finance Institutions (DFIs), unlocking billions in funding to derisk lending, lower interest rates, and expand support for entrepreneurs.
In this episode, Linnet Mhishi explains how these partnerships ranging from a R1.8 billion IFC credit risk-sharing facility to the R847 million NASIRA facility with FMO are helping women-owned businesses, rural and agricultural enterprises, and green economy projects access critical capital. She also unpacks the non-financial benefits DFIs bring, such as technical assistance, digital tools, and access to international markets.
