HomeInsightsNewsFauree Launches Pamo – MSME Financing Platform in Zambia, Advancing Digital Economic Transformation

Fauree Launches Pamo – MSME Financing Platform in Zambia, Advancing Digital Economic Transformation

Fauree Launches Pamo - MSME Financing Platform in Zambia, Advancing Digital Economic Transformation

Lusaka, Zambia — 8 May 2026

Fauree proudly announces the official launch of “Pamo”, Zambia’s National MSME Financing Platform — a transformative digital infrastructure initiative designed to redefine access to finance, formalize underserved economic activity, and accelerate inclusive national growth.

The landmark launch ceremony was officiated by the Guest of Honor, Felix C. Mutati, whose keynote address underscored Zambia’s commitment to digital transformation and private-sector-led innovation. The Honorable Minister emphasized that the role of government is to “facilitate and regulate” while empowering technology platforms capable of delivering measurable economic impact at scale. He described Pamo as the “digital rails” that will transform policy vision into real economic participation and national productivity.

The event brought together an influential coalition of government leaders, permanent secretaries, financial institutions, regulators, legal professionals, and private sector stakeholders — reflecting a unified national commitment toward economic inclusion, MSME empowerment, and digital modernization.

Representing Fauree, CEO & Co-Founder Azhar Tasadduq stated:

“Pamo is more than a financing platform — it is national economic infrastructure. Our vision is to digitize trust, formalize economic activity, and unlock sustainable access to capital for the millions of hardworking MSMEs that form the backbone of Zambia’s economy. We believe technology, when aligned with government vision and private sector execution, can fundamentally transform how nations grow.”

Building the Digital Rails of Economic Growth

Pamo has been developed to address one of the most critical structural challenges facing emerging economies: the lack of formal financial visibility for MSMEs.

Through intelligent digital onboarding, transaction verification, receivable financing, and structured financial data creation, the platform enables previously underserved businesses to become visible, financeable, and scalable participants in the formal economy.

Expected National Impact

  • Formalization of thousands of MSMEs across Zambia
  • Expansion of access to working capital and financial services
  • Strengthening of supply chain financing ecosystems
  • Real-time economic intelligence for policy and financial institutions
  • Increased transparency, accountability, and productivity
  • Acceleration of Zambia’s digital economy agenda

According to projections presented during the launch, the initiative has the potential to contribute approximately USD 600 million in GDP growth while supporting the creation of nearly 100,000 jobs over time positioning Zambia as a regional leader in digital financial innovation and inclusive economic infrastructure.

A Shared National Vision

The launch of Pamo marks a historic milestone in the partnership between technology, government, finance, and enterprise. It reflects a shared belief that sustainable national growth can only be achieved when MSMEs are empowered with access, visibility, and opportunity.

Fauree remains committed to building platforms that connect policy with execution, technology with inclusion, and capital with real economic activity.

As Zambia advances toward a digitally enabled future, Pamo stands as a foundation for a more inclusive, transparent, and economically empowered nation.

One generation plants the tree. The next generation sits in its shade. Today, together, we plant “Pamo” for the future of Zambia.

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