Rawbank said on March 4, 2026 it has secured $265 million in financing to support small and medium-sized enterprises (SMEs) in the Democratic Republic of Congo. The International Finance Corporation (IFC) led the deal, with participation from Proparco, British International Investment (BII), the eco.business Fund and the OPEC Fund for International Development.

The financing aims to expand access to credit for SMEs, support private sector growth and create jobs in the country, Rawbank said. The IFC added that the program could provide financing to at least 1,500 additional SMEs over the next four years, particularly in sectors such as telecommunications and fast-moving consumer goods.

“This operation represents a strategic allocation of international capital to a local financial intermediary able to channel these resources into productive financing,” said Mustafa Rawji, chief executive of Rawbank. “Our goal is to finance more Congolese SMEs, strengthen local production and support sustainable job creation across the country.”

A two-part financing structure

The deal has two components. The first is a $165 million senior credit facility arranged by the IFC, including $50 million provided directly by the institution. The remaining $115 million was mobilized from financial partners: Proparco ($50 million), eco.business Fund ($20 million), the OPEC Fund ($20 million) and British International Investment ($25 million).

The second component is a $100 million risk-sharing agreement between the IFC and Rawbank. Under this arrangement, the IFC covers 50% of the exposure, equivalent to $50 million, allowing Rawbank to extend credit to a larger number of SMEs. The mechanism is supported by the European Commission and the International Development Association (IDA) through the Small Loan Guarantee Program.

In addition to financing, the IFC will provide advisory services to strengthen Rawbank’s capacity in several areas, including climate finance, agricultural financing and support for women entrepreneurs.

Additional support for SME financing

According to Rawbank, the deal is “the largest transaction ever arranged by the IFC for a financial institution in the DRC.”

The financing forms part of the bank’s broader strategy to expand access to credit for Congolese SMEs. Rawbank participates in the “20,000 SMEs” program, a $200 million initiative designed to help integrate local companies into the value chains of large firms operating in the DRC.

Under this program, Rawbank works with the Regulatory Authority for Subcontracting in the Private Sector (ARSP) and the Guarantee Fund for Entrepreneurship in Congo (FOGEC) to expand access to financing for local businesses.

Ronsard Luabeya