Afreximbank proposes P20bn economic support package

High level: Masisi and Oramah at the Global Expo official opening on Wednesday PIC: BW PRESIDENCY FACEBOOK
High level: Masisi and Oramah at the Global Expo official opening on Wednesday PIC: BW PRESIDENCY FACEBOOK

The African Export-Import Bank (Afreximbank) has proposed an economic support package of $1.5 billion (P20 billion) to the Botswana government and its private sector entities, for rolling out over the next three years, BusinessWeek has learnt.

Afreximbank president and chair, Benedict Oramah made the announcement on Wednesday while sharing the stage with President Mokgweetsi Masisi during the launch of the Global Expo Botswana.

The offer marks the first time the pan-African trade bank could potentially partner directly with government, as its previous deals in the country have been limited to private sector support.

Editor's Comment
Routine child vaccination imperative

The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...

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