FSD Africa (2026). FirstRand Bank Issues Inaugural Nature-Linked Outcomes-Based Bond. Johannesburg, 1 April 2026.
The joint release by the bond’s development-finance investors. It is the main public source for the co-anchor amounts: IFC “subscribed for approximately R1.6 billion”, FSD Africa Investments committed R234 million, and Aluwani Capital Partners “led local institutional participation with a R350 million investment”. It carries the stated reasons of IFC’s Southern Africa regional manager, FSDAi’s Chief Investment Officer, Aluwani’s Co-Head of Credit and the British High Commissioner. The wiki takes from it the split between noteholders and outcome funders, and each investor’s own account of why it invested.