Mmegi

Afreximbank offers helping hand to Botswana

Ready to engage: Nwugo
Ready to engage: Nwugo

Afreximbank, one of Africa’s leading multilateral financiers, has signed an MoU towards a $1.5 billion programme for Botswana. Executives say as a shareholder, the country has access to a suite of funding and other tools to help in times of need. MBONGENI MGUNI speaks to Afreximbank Southern Africa regional director, HUMPHREY NWUGO

Mmegi: Kindly share on Afreximbank’s strategy or approach to partnering with Botswana?

Nwugo: Since its inception in 1993, Afreximbank has grown significantly, with a balance sheet approaching $45billion, primarily dedicated to loans and advances that drive critical sectors across the continent.

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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