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
Exercise extra caution!

Unfortunately, petty thieves tend to be more vicious around this time as they also prepare for the festive season. Culturally, many Batswana go home for the holiday, and petty thieves are amongst those who go home. Burglaries, car break-ins, and attacks on unsuspecting pedestrians seem to be on the rise!That is not all, as scammers continue to take money from pensioners as well as other Batswana who may fall prey to their unscrupulous tactics....

Have a Story? Send Us a tip
arrow up