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Wilderness secures ‘green’ loan

Pristine: Wilderness is one of Africa's biggest conservation and tourism groups
Pristine: Wilderness is one of Africa's biggest conservation and tourism groups

Hospitality group, Wilderness, has secured preferential funding from Standard Bank to support expansion into new markets and spread the efforts of conservation into larger areas.

Known as “principle-aligned nature conservation financing” the loan sealed between Standard Bank and Wilderness represents a first for the African market.

Standard Bank head of Corporate Financing Solutions in the Corporate and Investment Banking (CIB) division, Brydone Graham told BusinessWeek that while the quantum of the funding was not yet public information, the finance has been deployed across most of Wilderness' African footprint.

Editor's Comment
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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