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
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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