Francistown oil storage facility to cost P600m
Wednesday, June 14, 2017
Addressing the 14th edition of the Botswana Resource Sector conference in Gaborone this week, the Minister of Mineral Resources, Green Technology and Energy Security, Sadique Kebonang said BOL is working on the funding model for the Francistown facility whose construction will be followed by another facility in Gantsi.
“We are currently working on the funding models for the infrastructure with the Francistown one estimated to cost about P600 million. There are also plans to build a pipeline from South Africa to Botswana. All these are opportunities for banks to fund these projects,” he told delegates.
March 28 will go down as a day that Batswana will never forget because of the accident that occurred near Mmamatlakala in Limpopo, South Africa. The tragedy affected not only the grieving families but the nation at large. Batswana throughout the process stood behind the grieving families and the governments of Botswana and South Africa need much more than a pat on the back.Last Saturday was a day when family members said their last goodbyes to...