BDC raises P162m for projects

Digging deep: Kgosidiile says the BDC aims to complement efforts to lift the economy
Digging deep: Kgosidiile says the BDC aims to complement efforts to lift the economy

State investment agency, the Botswana Development Corporation (BDC), recently raised P162 million in the capital market earmarked for projects in emerging industries, manufacturing, energy, infrastructure and services.

The fundraising is part of an investment pipeline of approximately P800 million that the BDC intends to make in the short term on projects that will accelerate the country’s economic recovery process whilst ensuring that the economy is better prepared to withstand similar shocks in future.

CEO, Cross Kgosidiile noted that the coronavirus (COVID-19) had rendered investors in the market more cautious about placing funds with institutions, including the BDC.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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