Nedbank Eswatini invests E250,000 into EITF green zone to promote sustainability, renewable energy, youth entrepreneurship, and climate-smart initiatives.
Nedbank Supports EITF Green Zone
NEDBANK Eswatini has injected E250 000 to Eswatini Investment Promotion Authority (EIPA) for the creation of a green zone at the Eswatini International Trade Fair (EITF).
Nedbank Managing Director (MD) Fikile Nkosi said the sponsorship was their climate change commitment and environmental stewardship for the youth, small and medium entrepreneurs (SMEs).
A Statement of Intent Beyond Sponsorship
Speaking during the signing of a Memorandum of Understanding (MoU) on Friday, she said the initiative was more than just a sponsorship to Nedbank, but a statement of intent.
She said it reflected the bank’s deep commitment to environmental stewardship, innovation, sustainability, and inclusive economic growth.
Alignment with SDGs and Green Economy
Nkosi said they were also proud to align the initiative with the country’s commitment to the United Nations Sustainable Development Goals (SDGs), particularly those focused on clean energy (SDG 7), climate action (SDG 13), and sustainable industry and innovation (SDG 9).
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As a bank, she said they pledged to finance and support projects that contribute meaningfully to the global goals, and help markets such as Eswatini transition towards greener economies.
She also added that they believed sustainable development was not just an environmental or moral imperative, but also an economic and strategic opportunity.
Investing in a Sustainable Future
By investing in the Nedbank green zone, she said they were investing in a future where prosperity and environmental responsibility go hand-in-hand.
Nkosi commended EIPA for curating a trade fair that integrates promise with greater action. She urged more stakeholders to join them in building a resilient, inclusive, and sustainable Eswatini.
Green Zone to Showcase Innovation and Eco-Conscious Entrepreneurship
“At Nedbank, our purpose is clear. We use our financial expertise to do good for individuals, families, businesses, communities, and society at large. The green zone, a first of its kind in the history of the trade fair, is a powerful embodiment of this purpose.
“It will serve as a platform to showcase renewable energy solutions, climate smart technologies, and eco-conscious entrepreneurship, especially among our youth and small businesses.
“We are also investing in a greener and more resilient Eswatini. Together, let us turn ambition into action and action into impact.
“This is a first, where our call to action is actually put into practice. We are indeed very much committed to climate change as a nation,” she said.
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