mmegi

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
BDF visitation approval a welcome development

BDF camps are military camps, and there is a need for stricter rules and regulations to safeguard their operations as well as ensure the safety of civilians. Of course, military personnel are human, and they have relatives as well as girlfriends and boyfriends, but the fact remains that the BDF is responsible for ensuring national security and stability and, as such, will be one of the first targets in the event of possible attacks. The decision...

Have a Story? Send Us a tip
arrow up