New FNB–UK Investment Deal Opens Door for Entrepreneurs and Women-Led Enterprises

In a country where many hardworking entrepreneurs struggle to access loans, a new USD 20 million (about K540 million) financing partnership could bring much-needed relief to Zambia’s small business sector.

First National Bank Zambia has signed a major financing agreement with British International Investment to expand funding for micro, small and medium enterprises (MSMEs) across the country.

This is more than just a banking deal — it is a lifeline for small businesses, from market traders and farmers to transport operators, shop owners and start-ups trying to grow.

💼 Why this matters

Across Zambia, access to capital remains one of the biggest barriers for entrepreneurs. Many promising businesses fail to grow simply because they cannot secure affordable financing.

This new facility will allow FNB Zambia to increase lending to small businesses nationwide, helping them:

✔ Expand operations

✔ Buy equipment and stock

✔ Create jobs

✔ Strengthen local supply chains

✔ Grow sustainable enterprises

👩🏽‍💼 Women entrepreneurs get a major boost

At least 30% of the funding is reserved for women-owned or women-led businesses, a sector widely recognised for its strong role in community development but often overlooked by traditional financing systems.

The initiative also supports FNB Zambia’s Helping Everywoman Rise (H.E.R.) programme, which provides tailored financial services and advisory support for women entrepreneurs.

🏦 Confidence in Zambia’s entrepreneurs

FNB Zambia CEO Kapumpe Chola says the partnership shows strong confidence in Zambia’s business potential.

“MSMEs are the lifeblood of our economy. This partnership allows us to deliver meaningful financial support where it matters most.”

🇬🇧 The United Kingdom backs the move

British High Commissioner Rebecca Terzeon says the partnership will help unlock opportunities for businesses that are often left out of traditional financing.

“By expanding access to finance for underserved entrepreneurs, this initiative will help drive innovation, create jobs and strengthen Zambia’s economic resilience.”

🌍 A global push for women’s economic empowerment

The investment also qualifies under the 2X Challenge, a global initiative promoting women’s economic empowerment.

📈 Why this deal could matter for Zambia

Small businesses form the backbone of Zambia’s economy, employing thousands and sustaining families across the country. But without financing, growth remains difficult.

This partnership could mean:

✨ More businesses growing

✨ More jobs created

✨ Stronger local economies

✨ Greater opportunities for women entrepreneurs

For many entrepreneurs across Zambia — from Lusaka to rural districts — this $20 million deal could be the spark that turns small ideas into thriving businesses.

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