Botswana Secures US$503.75 Million Development Financing

The African Development Bank approved a US$503.75 million loan for Botswana on 23 October under the Economic Competitiveness and Transformation Support Program. The programme aims to strengthen public finances, encourage private investment and expand support for small and medium-sized businesses. Banks, investors and financial advisers can explore opportunities in financial modelling, credit assessment and investment planning. HPC can support risk analytics, business intelligence and decision-support systems; no separate advisory-service fee was announced.