Sustainable impact at a glance
Our impact is measured against key metrics and reported transparently to our stakeholders. We are making a tangible difference in communities across Africa through our sustainable finance initiatives, social investments, and responsible business practices focusing on four positive impact areas.
Enterprise growth and job creation:
We invest in our people because we recognise their immense potential and believe that with the right resources, their innovative ideas can thrive and transform the continent.
Our goals
- Facilitate African trade and investment
- Strengthen the agriculture value chain
- Support game-changing tech start-ups that solve real-world problems
Our impact in 2023
- Facilitated trade transactions to the value of R953 billion for businesses and commercial clients
- Disbursed R168 million to 211 agriculture cooperatives in Uganda and provided financial literacy training for 1624 of their members
- Enabled access to 150 000 work opportunities through our partnership with Founders Factory Africa
Infrastructure development:
We understand that investing in infrastructure and the energy transition will have a positive impact on our continent by creating jobs, boosting economic growth and enhancing access to essential services for all Africans.
Our goals
- Drive Africa’s just energy transition and support improved access to affordable energy
- Provide finance for critical infrastructure in sectors such as transport, water and telecommunications
Our impact in 2023
- Mobilised R15.5 billion for new renewable energy power plants
- Provided R1.7 billion for telecoms infrastructure in the DRC and R235 million for roads infrastructure in Malawi
Climate change mitigation and adaptation:
By investing in climate change mitigation, we can contribute to a greener and more prosperous Africa. We partner with our clients to support their transition journeys and strengthen their resilience.
Our goals
- Provide sustainable finance solutions to encourage sustainable business practices
- Provide climate smart agriculture financing solutions
- Provide green-aligned solutions for homeowners and business owners
Our impact in 2023
- Financed Africa’s first nature conservation loan for USD80 million, supporting nature conservation and biodiversity protection
- Provided finance of over R600 million for climate smart agriculture solutions
- Disbursed R147 million to homeowners and R843 million to businesses for solar installations in South Africa
Financial health and inclusion:
Financial inclusion empowers our people by creating a more equitable and sustainable future for Africa.
Our goals
- Support SME owners with access to finance, capacity building, networking and access to markets
- Provide solutions tailored for women and young people
- Provide access to affordable housing and provide solutions for borrowers who get into difficulty
Our impact in 2023
- Lent R2.6 billion to 4659 new affordable housing mortgage customers
- Provided R50.7 million to 615 student who would not usually qualify for finance
- Reached 28.6 million people through WalletWise, our radio-based financial education, and 105 000 people through in-person and virtual education sessions.
More on sustainability
Environmental, social and governance
Environmental, social and governance (ESG) risk management is embedded in our policies, processes, and governance structures.
Our climate strategy
We are committed to achieving net-zero emissions by 2050 and supporting a just energy transition in Africa.