Stanbic Bank Botswana Supports Norsad Capital with Sustainability-Linked Financing

Stanbic Bank Botswana played a key role in a ZAR680 million 6-year sustainability-linked financing deal for Norsad Capital Limited, an African private debt firm with a strong focus on impact investment. Acting as Co-Arranger, Lender, and Joint Sustainability Coordinator, Stanbic Bank’s participation was instrumental in helping Norsad achieve its growth ambitions while aligning with global best practices for sustainable development.

The partnership between Stanbic Bank Botswana and Norsad reflects the bank’s commitment to fostering responsible investment in Africa. The financing supports Norsad’s efforts to drive sustainable economic growth across the continent by focusing on businesses that generate a positive environmental and social impact. This is a key example of how the bank’s Social, Environmental, and Economic (SEE) agenda is put into practice, ensuring that financial solutions contribute to meaningful, long-term progress.

The deal, a first of its kind, sets a precedent for future sustainability-linked financing in Africa, paving the way for more innovative financial structures that prioritize environmental, social, and governance (ESG) considerations.

We are proud to have partnered with Norsad on this ground-breaking transaction. This deal showcases our commitment to driving sustainable investment and fostering a future where economic growth and responsible business go hand in hand.