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Anglo American and Kumba Iron Ore launch funding facility for SMEs in South Africa

Cape Times

|

February 12, 2026

ANGLO American and Kumba Iron Ore launched the Impact Finance Facility (IFF), a catalytic funding facility designed to unlock growth capital for small and medium-sized businesses in under-served South African regions.

- ASHLEY LECHMAN

The launch, which took place on the margins of Mining Indaba 2026, follows the November 2025 partnership announcement between Anglo American and the UK’s Foreign, Commonwealth and Development Office (FCDO). The facility addresses a critical market gap: early and growth-stage businesses that are commercially viable but chronically under-served by traditional investors due to perceived risk and high capital costs.

By providing flexible, low-cost repayable loans, the IFF aims to attract at least three times more funding from other investors for every rand invested.

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