The new initiative seeks to position the institution as a leading regional hybrid bank that merges the developmental mandate of a Development Finance Institution (DFI) with the capabilities of a commercial bank. NDB CEO, Ogone Madisa, said the new strategy reaffirms the Bank’s role as a catalyst for sustainable economic development. She added the plan sharpens the Bank’s focus on agriculture value chains, green finance, infrastructure, and other high-impact sectors critical to advancing Botswana’s economic diversification agenda. “This strategy reflects our commitment to empowering businesses, transforming communities, and delivering measurable impact,” she said when speaking at the launch of the strategy on Thursday. “We are building a stronger, more agile, and customer-focused institution that supports Botswana’s economic transformation.”
The move comes a time when the statutory bank is looking to transform its business model into a sustainable green hybrid DFI and commercial bank over the next five years. Key priorities include accelerating digitalisation to improve operational efficiency and enhance customer experience, strengthening governance frameworks, investing in talent and institutional culture, and mobilising strategic partnerships alongside diversified funding sources to scale impact. Officials said in order to drive implementation of the 2025–2030 Strategy, the Bank will introduce innovative and differentiated financial products, deepen strategic partnerships to broaden its reach, and embed Environmental, Social and Governance (ESG) principles across its operations. Growth in green finance, agricultural financing, and regional expansion will form central pillars of the strategy, alongside a strong emphasis on financial sustainability and operational excellence. At the core of the strategy is a renewed commitment to customer centricity. NDB aims to serve commercially viable start-ups, small and medium enterprises (SMEs), corporates, and emerging farmers with responsive and tailored financial solutions.
