The newly constituted Board at the government’s investment arm features a dynamic team of non-executive directors with diverse expertise across finance, governance, policy, investment, and transformation. The new appointees include Alice Wellio-Moyo, Boniface Mphetlhe, Professor Goemeone E.J. Mogomotsi, Chawada Moseki, Rizwan Desai, Botsang Ramorwa, and Bokete Mokgosi. Managing Director, Oteng Keabetswe, said their collective experience is expected to deepen BDC’s institutional capacity, enhance corporate governance, and support its mandate of driving inclusive growth and industrialisation. “This Board represents a new era of strategic leadership for BDC,” he said.
“Our shared mission is to steer capital into projects that transform Botswana’s economic landscape by creating jobs, strengthening trade corridors, and building national resilience. We are committed to governance excellence and to earning the confidence of both citizens and investors.” The announcement comes just months after the Ministry of Trade and Entrepreneurship suspended the boards of several of its parastatals, including BDC. The new appointments follow a period of strategic repositioning at the Corporation, which included Keabetswe’s own appointment as MDr and the achievement of several major milestones. These include a P400 million divestment from a mature investment in the food sector, unlocking a profit of P139 million, and the signing of a landmark $12 billion investment commitment from Qatar’s Al Mansour Holdings. Others are the launch of the Unity Healthcare Botswana Partnership Fund I, a multi-billion-Pula initiative aimed at expanding healthcare infrastructure and encouraging private investment in social development sectors.
