US ready for Gabs summit
Tuesday, June 20, 2023 | 2640 Views |
Headed to Gaborone: Nathan will lead the US government delegation to next month's summit (PIC CREDIT: Atlantic council. org)
Answering questions from BusinessWeek in a briefing on Tuesday, Assistant Secretary of State in the US Department of State’s Bureau of African Affairs, Molly Phee, said DFC CEO Scott Nathan would lead the American government’s delegation to the summit.
She described the DFC as an “important arm of US economic diplomacy,” and added that the US government was “delighted” that Botswana was hosting the summit. Phee said such types of commercial diplomacy activities are “another way in which we support youth by creating economic job opportunities”.
Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...