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- AfDB is providing a $30 million loan that is expected to fund manufacturing enterprises in the SADC region like this cloth factory in Lesotho
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Botswana: Private sector development in Southern Africa region gets boost with approval of $30 million loan to Norsad Capital from African Development Bank Group
The project is aligned with a number of African Development Bank priorities, including its High-5 strategic priorities
The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $30 million loan to Norsad Capital Limited (https://NorsadCapital.com) financing for businesses and to promote private sector development in the Southern Africa Development Community region. Norsad will channel a portion of the funding to enterprises operating in transition states…