Our Portfolio i-Centric Admin

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.

Sectors

Our sectoral focus, which is in alignment with our thematic areas, aims to achieve positive economic, social, and environmental impact. These high-impact sectors are key to unlocking financial inclusion, small and medium-sized enterprises (SMEs) development and growth, job creation, infrastructure development and climate change.

We can lend to businesses in a diverse range of industries if there is a good impact case that aligns with the Sustainable Development Goals (SDGs), and the businesses are not prohibited in the Norsad Exclusion List.

Our emphasis and focus are themed as follows:

 

Financial Institutions
Financial Institutions
Bank, Non-Banking, Insurance, Fintech, SME lending
Food Value Chain
Food Value Chain
Agro-processing, Integrated agriculture, Food-related services ,FMCG and retail
Soft & Social Infrastructure
Soft & Social Infrastructure
Education, Healthcare, Housing, Solar Energy, Green Infrastructure, Digital and Telecoms Logistics
Industrials & Manufacturing
Industrials & Manufacturing
Import Substituting, Industrialisation, Value-Added Manufacturing, Industrial services

Case Studies

RH Bophelo
Country: South Africa
Sector: Healthcare
Year: 2022
Value: ZAR 100 million
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Watu
Country: Uganda
Sector: Finance
Year: 2022
Value: USD 5 million
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Bridge Taxi
Country: South Africa
Sector: Finance
Year: 2021
Value: ZAR 150 million
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Harvest Fund
Country: South Africa
Sector: Finance
Year: 2022
Value: USD 0.7 million
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S U S T A I N A B L E

Select Investments

Bridge Taxi
Country: South Africa
Sector: Finance
Year: 2021
Value: ZAR 150 million
First Finance
Country: eSwatini
Sector: Finance
Year: 2023
Value: ZAR 150 million
Letshego Eswatini
Country: eSwatini
Sector: Finance
Year: 2023
Value: ZAR 150 million
Terramar
Country: Mozambique
Sector: Consumer Staples
Year: 2022
Value: USD 7.5 million
RH Bophelo
Country: South Africa
Sector: Healthcare
Year: 2022
Value: ZAR 100 million
Onafriq (Previously MFS Africa)
Country: South Africa
Sector: FinTech
Year: 2021
Value: USD 10 million
African Milling Company
Country: Zambia
Sector: Consumer Staples
Year: 2023
Value: USD 10 million
Bayport Management Ltd
Country: Mauritius
Sector: Finance
Year: 2023
Value: USD 10 million
FBC Holdings Limited
Country: Zimbabwe
Sector: Finance
Year: 2022
Value: USD 10 million

 

G E O G R A P H Y   F O O T P R I N T

Our Offering

As part of our strategy, we continue to expand our footprint outside of the Southern African Development Community (SADC) region by investing in new geographies in Sub-Saharan Africa.  Some select investments depicted in the map below: