Mmegi

BDC’s P2bn investment pipeline prioritises financial sector

Eyeing growth: Kgosidiile
Eyeing growth: Kgosidiile

The Botswana Development Corporation (BDC) says the financial services sector will dominate its P2 billion investment pipeline, receiving 55% of targeted funding.

The plans are contained in the corporation’s financial results for the year ended June 30, 2024, which were published to the Botswana Stock Exchange this week.

Beyond the financial services, BDC’s investment pipeline includes significant allocations to other sectors crucial to Botswana’s development such as the manufacturing sector which is due to receive 18% of the funds, while agro-processing is set to benefit 17% of the pipeline.

Editor's Comment
‘Fake’ drugs: A matter of life, truth and accountability

When claims of such gravity are made, especially by a sitting Assistant Minister they cannot be brushed aside, delayed, or treated as routine political noise. Even the Ombudsman has confirmed receipt of a report from a political party and a review of these complaints is now underway. That is a necessary first step. But it is only the beginning. The seriousness of the allegations demands urgency, transparency and clarity. The public is entitled to...

Have a Story? Send Us a tip
arrow up