How the U.S put hard money into Botswana�s diamond dream
Friday, July 29, 2016
Barclays is taking a first tranche out of a total available guarantee of $250 million. Together with the $83-million matching banking partner share, this guarantees an availability of $333 million of credit for Botswana’s manufacturers – only for manufacturing – which is well above the industry’s foreseeable requirements. Eventually, it is expected, other banks in Botswana will join the programme, providing a new rationale to diamond manufacturing in the country. Botswana’s main attraction will be credit – not just rough diamonds! Diamond Intelligence Briefs made the following report available to BusinessWeek
The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...