Norsad Capital

Norsad Capital is a development finance company based in Gaborone, Botswana, with an additional office in Johannesburg, South Africa. Founded in 1990, the firm specializes in providing financing solutions to mid-market growth companies in Southern Africa. Norsad Capital focuses on impact investing and offers a range of financial products, including long-term investment loans, mezzanine financing, and equity financing. The firm supports businesses across various sectors, such as financial services, healthcare, industrial manufacturing, clean technology, and consumer products. By utilizing secured and unsecured debt instruments, income participation loans, and convertible loans, Norsad aims to foster economic development and contribute to building a better Africa through its investments.

Jonathan Davies

Interim CEO and CFO

Jacob Hagerman

Board Director

2 past transactions

onafriq

Debt Financing in 2021
MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.

onafriq

Series C in 2021
MFS Africa Limited is a leading provider of mobile money interoperability in Africa, facilitating seamless money transfers and payments across the continent. Established in 2009 and headquartered in Accra, Ghana, the company connects mobile network operators through a unified API, enabling a range of services including remittances, merchant and bulk payments, as well as bank-to-wallet transfers. MFS Africa serves various stakeholders, including money transfer operators, banks, and mobile money operators, by offering alternatives for remittances, micro-lending, micro-insurance, and micro-savings. With additional offices in key African cities and London, MFS Africa plays a crucial role in enhancing financial connectivity and promoting financial inclusion across the region.
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