IFC plans P270m bond float by year-end

Friday, October 14, 2016

Participants at the BSE's market conference. PIC: MORERI SEJAKGOMO

The International Finance Corporation (IFC) is fine-tuning a $25 million (P270m) bond it intends to float in Botswana by year-end to be used for an as yet unnamed local investment by the World Bank unit.

The IFC, a member of the World Bank group, provides loans, equity and advisory services to the private sector in developing countries.

The float will be the IFC’s third in Africa under its Pan-African Domestic Medium Term Note Programme, which kicked off in Zambia in September 2013 with a $28 million note.

Already have an active account? Log in here.

Or Sign up and get unlimited access to premium articles.

The Projects Magazine today launched The Future of Mining Summit, set to become the country’s premier mining conference. The event is scheduled for 12th and 13th of June 2024, at Boipuso Hall, Fairgrounds in Gaborone.

The projects magazine in collaboration with Stanbic bank launched the future of mining summit 2024

Staff Writer | 1d ago

MISA Botswana celebrates World Press Freedom day

Staff Writer | 1d ago

Unlawful wounding turns to murder

Sharon Mathala | 1d ago

Mahalapye suspected copper cable thief nabbed

Pini Bothoko | 1d ago

Repatriation underway for seven SA Pilgrims

Boikanyo Mathonsi | 2d ago

Stakeholders must step up veggie supply

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...

The Monitor Editor | 29 April 2024

About us

Mmegi is the leading independent source of breaking news, latest news, current
affairs, Politics, Business, Sport, debates, analysis, and entertainment news in Botswana.

Explore

More