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
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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