Mmegi

BDC notes ‘strong interest’ in P5bn health fund

Confident: Keabetswe says there’s already strong interest in the P5 billion health fund
Confident: Keabetswe says there’s already strong interest in the P5 billion health fund

State-owned investment agency, the Botswana Development Corporation (BDC), says it has noted strong interest from local and international investors for its new P5 billion health fund and is confident of successfully reaching a first close of P2.5bn by September 30.

Following President Duma Boko’s declaration of a public health emergency on Monday, the BDC has been charged with establishing a fund to support various healthcare initiatives.

Known as Unity Healthcare Botswana Partnership Fund I (UHBP I) and managed by the BDC’s asset management company, the Fund seeks to attract capital from local and international investors. These funds will be directed at procurement of medicines, consumables, equipment, and related healthcare assets.

Editor's Comment
Human rights are sacred

It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...

Have a Story? Send Us a tip
arrow up