Mmegi

BDC seals P1bn funding for SMEs

Friday, July 17, 2026 | 20 Views |

Partners: BADEA chair, Dr Fahad Al-Dossari and Keabetswe, after the signing on Wednesday PIC: BDC

The Botswana Development Corporation (BDC) says 60% of the €100 million credit facility it sealed this week will focus on supporting local SMEs looking to do business under the various Citizen Economic Empowerment programmes available locally.

On Wednesday, the BDC signed statements of intent with the Arab Bank for Economic Development in Africa (BADEA) for the provision of financing facilities totalling €100 million (about P1.5 billion).

BADEA is a long-time financier of development in Botswana, having previously provided funding for work at Sir Seretse Khama International Airport, Kasane International Airport and the National Development Bank.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

Bodungwane residents are battling the Kgatleng Land Board and others at High Court over what they describe as an unlawful eviction,. PIC MORERI SEJAKGOMO

Bodungwane settlers fight for their ancestral land

Innocent Selatlhwa | 17 Jul 2026

Basarwa of Bodungwane rush to court over eviction threat

Innocent Selatlhwa | 17 Jul 2026

Kario eyes Maun West

Tsaone Basimanebotlhe | 17 Jul 2026

Gov’t rules out new jobs in public service

Pini Bothoko | 17 Jul 2026

Debswana to sweat off non-core assets

Lewanika Timothy | 17 Jul 2026

MCM eyes rebound after tough 2025

Mbongeni Mguni | 17 Jul 2026

French firm finalises Medswana takeover

Mbongeni Mguni | 17 Jul 2026

Cheap drones threatens global energy security

Solly Rakgomo | 17 Jul 2026

Celebrate responsibly, put safety first this holiday

“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...

Mmegi Editor | 17 July 2026

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