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
Stop the children killing madness!

The incident comes on the heels of a similar one where a father murdered his two toddlers in Francistown. As we grapple with the shock and sorrow of this loss, it is essential to address the underlying issues that led to such a horrific outcome.Our hearts go out to the innocent victims, the three boys aged 13, 10, and eight who lost their lives in circumstances that defy comprehension. Their deep cuts and untimely demise have left a scar on the...

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