Mmegi

BDC ramps up P2.5bn project pipeline

Friday, June 07, 2024 | 570 Views |

Aiming high: BDC CEO, Cross Kgosidiile, is charting a new era of expansion for the state investment agency PIC: KENNEDY RAMOKONE

The Botswana Development Corporation (BDC) plans to spend P2.5 billion on various 'high developmental impact' projects in the near future, with at least 25% dedicated to the manufacturing sector.

The BDC is the state investment agency primarily charged with economic diversification through investments and partnerships with the private sector. The corporation was allocated about P500 million in the current financial year for recapitalisation by government, its sole shareholder.

Officials told BusinessWeek that the investment pipeline will allocate a significant portion of funds to projects in manufacturing in order to pioneer new industries and bolster export-oriented businesses.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

ZCC St.Engenas headquarters in Moria.PIC.PRESIDENCY OF SOUTH AFRICA

High Court orders ZCC Botswana to reunite

Laone Choeunyane | 5 m ago

Day 3: Search for Maun missing boy continues

Staff Writer | 18 m ago

Long 1,900km drive awaits netball teams

Calistus Kolantsho | 24 m ago

Ngada to pip seasoned campaigners for AFCON place?

Kabelo Boranabi | 41 m ago

Oneal R&B orchestra shares African story

Lucy Kgweetsi | 1 h ago

Yarona FM to host Just Kidding Fam Fest

Nnasaretha Kgamanyane | 1 h ago

Softball Spectacular to quench players’ thirst

Calistus Kolantsho | 1 h ago

Zebras to camp in Tunisia ahead of AFCON finals

Mqondisi Dube | 1 h ago

Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

The Monitor Editor | 02 December 2025

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More