by SAVIOUS KWINIKAJOHANNESBURG, (CAJ News) – AFRICAN Bank has successfully raised R700 million through its first-ever social bond issuance, marking a significant milestone in its 50th anniversary year and reinforcing its commitment to environmental, social and governance (ESG) principles. The framework enables African Bank to issue Green, Social and Sustainability (GSS) bonds and loans, with proceeds directed toward projects that advance financial inclusion, entrepreneurship, and environmental sustainability. The initiative aligns with the United Nations Sustainable Development Goals (SDGs), particularly those on climate action, gender equality, and financial inclusion. African Bank confirmed that annual Allocation and Impact Reports will be published, alongside independent verification, to ensure transparency and accountability. With JSE approval and a Second Party Opinion confirming adherence to international standards, African Bank has positioned itself as a catalyst for inclusive and sustainable growth in South Africa.