This 2026 study is a joint effort between C3 and All for Impact that maps existing and emerging catalytic capital for African SME intermediaries and identifies pathways to mobilize and scale it. The report draws on 35+ case studies and spotlights 15 initiatives as concrete partnership opportunities to unlock catalytic capital. “The next step is to build on this shared understanding to strengthen dialogue, foster partnerships, and translate emerging practices into coordinated action,” the authors explain.