MDCB targets $1bn investment portfolio by 2028
Friday, December 15, 2023 | 1380 Views |
Prime asset: MDCB holds equity on behalf of government in De Beers
Briefing editors last week, MDCB executives said the investment firm currently had a P7 billion portfolio and was keen to add more assets as part of a strategy to grow the company into Botswana’s largest investor and a significant contributor to government.
The transactions of between one to two billion pula are in the local market and cut across various commodities and stages of development.
The A1 highway, stretching from Ramatlabama to Ramokgwebana, is the backbone of Botswana's transport network. It carries passenger buses, private vehicles, haulage trucks and cross-border commercial traffic linking Botswana with other SADC countries. Yet, despite its strategic importance, the road remains narrow, congested and increasingly dangerous.Successive governments have acknowledged the need to upgrade the A1 into a dual carriageway....