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Key people at Norsad.
Norsad Capital operates as a specialized impact investor and private credit provider, delivering bespoke debt financing solutions designed for profitable, growth-stage enterprises throughout Africa. The firm's approach focuses on supporting businesses that demonstrate strong financial viability while also contributing to sustainable development across the continent. Its financial instruments are tailored to meet the unique needs of scaling African companies, facilitating their expansion and market penetration.
Established in 1990, Norsad Capital emerged from a collaborative initiative between the Nordic countries and the Southern African Development Community (SADC) governments. This foundational insight centered on creating a robust financial mechanism to foster economic growth and stability within the Southern African region, driven by an international partnership committed to regional prosperity and enterprise development.
The company primarily serves a diverse portfolio of growing businesses seeking flexible capital to achieve their next phase of development. Norsad Capital’s overarching vision is to be a leading catalyst for economic transformation in Africa, empowering businesses to thrive and generate significant positive impact, thereby contributing to the continent's long-term socio-economic advancement.
Key people at Norsad.
Norsad has 1 tracked investment across 1 company. The latest tracked deal is $100.0M Debt / Series C in onafriq in November 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 10, 2021 | onafriq | $100.0M Debt / Series C | Julius Tichelaar, WIM VAN DER Beek, Peilung LI | Allan Gray, CommerzVentures, Endeavor Catalyst, Endeavor Harvest, Lendable, ShoreCap III |