Our Story

Our Story

Norsad was first established in 1990, operating as a multilateral agency in Lusaka, Zambia.

In 2011, Norsad Finance was incorporated in Botswana and is IFSC accredited.

Following our evolvement from a multilateral agency to a limited liability company, Norsad Finance is able to provide customised debt and mezzanine funding structures to mid-market growth companies and financial services providers across the Southern Africa region.

With a history of 30 years, the company continues to deliver on its impact investment mandate. We are a direct lender focused on providing credit facilities to companies and projects that can deliver attractive returns while having significant social, environmental and developmental impact.

We have invested circa USD400 million in more than 140 companies.

Norsad Finance has offices in Botswana and South Africa and targets clients principally across the Southern Africa region (Southern African Development Community – SADC).

Our Journey

Our Vision

To be acknowledged as a preferred impact investor providing flexible and customised financing solutions.

Our Mission

To be the premier provider of customised longer-term risk capital to Southern African companies and financial services providers that are financially, socially and environmentally sustainable

Our Values


We do what we say and uphold high standards of fairness and ethical behaviour.


Respect and treat others equally.


Openness in our communication and actions.


The willingness to take responsibility for our actions.


Continuous improvement in ourselves and our work.


We continuously seek to be a more agile and responsive partner to our stakeholders.