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
Women unite for progress

It underscores the indispensable role women play in our society, particularly in building strong households and nurturing families. The recognition of women as the bedrock of our communities is not just a sentiment; it's a call to action for all women to stand together and support each other in their endeavours.The society's aim to instil essential principles and knowledge for national development is crucial. By providing a platform for...

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