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National Development Bank – NDB

FAQ

The Green Energy Transition for Sustainable Agriculture will provide subsidies to existing farming enterprises in the agricultural value chain to implement green technology and smart farming interventions.

The objective of the fund is to achieve positive environmental and social outcomes by funding (grants) the implementation of green and smart farming technologies.

  • Replacement of diesel engines/generators
  • Fitting of solar water pumps
  • Solar PV
  • Energy saving solutions in cooling and lighting
  • Water efficient irrigation (e.g. drip irrigation)
  • Controlled farming environments to improve water and energy efficiency (e.g. shade netting, tunnels, hydroponics
  • Others

Application forms can be collected from all NDB branches and the NDB website ( www.ndb.bw).

Applications can be submitted at all NDB branches.

No. Applications should be submitted with proof of availability of the 35% contribution for consideration on assessment.

All successful applicants will receive a grant Offer Letter that will amongst other things prompt them to pay the 35% into an NDB account.

No. All successful applicants can only benefit once.

Applications will only be assessed after closure for the “call for proposals” and responses to successful applicants will be given within 1 month from the date of closure.

The Green Energy Transition for Sustainable Agriculture will provide subsidies to existing farming enterprises in the agricultural value chain to implement green technology and smart farming interventions.

Yes. All unsuccessful applications will receive communication in writing from the Bank.

The fund is only available for existing projects.

Yes, both companies and individuals can apply.

All beneficiaries will be required to sign a grant agreement that will outline what is expected from beneficiaries.

Applicants are encouraged to conduct their own research about the current impact of their operations as well as the benefits of any interventions they will propose for funding.

The Bank will be looking for proposed interventions that demonstrate the highest environmental, technical and social benefits. Section 11 of the application from provides guidance to help applicants structure their proposals.

NDB is a development Bank and 100% owned by the Botswana Government Botswana. However, unlike other financial institutions set up by the government it does not offer subsided interest rates because the funding is not provided by Government. Therefore NDB operates purely on commercial terms in order to survive.

NDB finances many sectors such as Mining and Manufacturing, Retail, Property and Human Capital Development.

You don’t have to be employed to access NDB products. However; one can apply as a sole proprietor, syndicate or company. Otherwise a salary will have to do.

Security is an aspect that’s applicable for specific loans. Bonno Home loan for example does not require any deposit (refer to products).

Yes, NDB does consider loan consolidation. Terms and conditions apply (refer to specific product).

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