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
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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