D I V E R S I F I E D I N V E S T I N G
Investment Portfolio
Norsad has invested in more than 170 companies in various sectors and countries in Africa. We seek diversified opportunities towards our portfolio construction and target investments that generate attractive returns and create positive social impact. Our current diversified investment portfolio comprises over 30 companies.
Case Study - Growth and Technological Innovation
In 2022, Norsad invested in the Endeavor Harvest Fund II (“Fund II”). The Fund is a technology-focused venture capital fund and has made 16 investments to date. Endeavor Global is present in 35 countries across the globe. Their mission is to catalyse job creation and economic prosperity with expertise and market access through their vast network of local mentors. Endeavour’s focus is leading highimpact SMEs to success through their well-established selection and mentoring programme. The bulk of the current Harvest Fund portfolio is FinTech, Software as a Service (“SaaS”) and Consumer Tech. Norsad’s participation in this investment was experimental. Participation in the Fund will contribute to the growth of Norsad, by tapping into a new segment and sectors while accessing proprietary deal flow from the Endeavour network of companies. In addition, this will also allow Norsad to remain at the forefront of developments that could significantly disrupt some of its investments within other sectors.
