Afreximbank, gov’t advance talks on $1.5bn package

The Cairo-headquartered supranational, of which Botswana is a member, offered the three-year country programme in 2022, but talks eventually broke down, reportedly over terms. In 2024, the bank, with assets approaching $45 billion, said it was still open to further discussions with Botswana.

In the last fortnight, Afreximbank senior officials were in the country to progress dialogue on different forms of cooperation, BusinessWeek has established.