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
Consult, get buy-ins first for 6 to 6 policy, Hon Minister

While the minister is of the view that the proposal would have significant positive economic impact, the entertainment industry players believe otherwise. The issue has over the weeks become a hot potato. But what is of essence right now is that the country needs liberal ideas to move in the right direction While opening up the economy may sound quite interesting to the ear, rolling out extended trading hours through pilot programmes without...

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