BDC, AfDB Sign Line Of Credit

Mothusi Lekaukau
Mothusi Lekaukau

The Botswana Development Corporation (BDC) and African Development Bank (AfDB) have finally signed a thematic 10-year P900 million Line of Credit.      

The AfDB loan, which required a sovereign guarantee from government, was once stalled, awaiting the green light from lawmakers who required more details on the investments that BDC was undertaking.

By then the state investment arm’s high profile investments were not performing well.

Editor's Comment
Closure as pain lingers

March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...

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