mmegi

US ready for Gabs summit

Headed to Gaborone: Nathan will lead the US government delegation to next month's summit (PIC CREDIT: Atlantic council. org)
Headed to Gaborone: Nathan will lead the US government delegation to next month's summit (PIC CREDIT: Atlantic council. org)

The US International Development Finance Corporation (DFC), a key American government investment agency with a $35.7 billion (P482bn) loan portfolio, will lead that country’s delegation to next month’s US-Africa Business Summit scheduled for Gaborone.

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”.

Editor's Comment
Botswana must not be a flag of convenience for rogues

‘A man’s country is not a certain area of land, of mountains, rivers, and woods, but it is a principle and patriotism is loyalty to that principle’.- George William CurtisAccording to the report carried in this publication, the fraudsters operating the so-called “dark fleet” have selected Botswana’s flag as their cover of choice. This is a direct assault on our country’s most valuable asset, the good name.For decades, Botswana has...

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