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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
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

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