BDC scores P736m loan for climate funding

Diamonds in the sky: The state investment agency will target climate related projects
Diamonds in the sky: The state investment agency will target climate related projects

State investment agency, the Botswana Development Corporation (BDC) has secured a P736 million line of credit from German financier, Commerzbank AG, targeted at climate-related projects, BusinessWeek has learnt.

The loan will help the BDC support local investment in green technologies and industries as well as other funding needs in key sectors of the economy.

BDC officials said the funding would enhance the organisation’s ability to stimulate local spending and improve access to credit for many enterprises in Botswana.


Editor's Comment
‘Boraboko’ should face the wrath of the law

Still in Molepolole, a young woman was also reported missing, only for her decapitated body to be found inside in a shallow grave! The issue of missing persons has always been a challenge in our country, and a considerable number of missing persons are unfortunately found dead! Something troubling is the murders related to missing persons, which touch on an array of issues, including the killing of intimate partners, often referred to as passion...

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