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Botswana Secures US$503.75 Million to Cushion Energy-Cost Pressures

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← All business news Botswana Secures US$503.75 Million to Cushion Energy-Cost Pressures
On 23 October, the African Development Bank approved US$503.75 million in financing to help Botswana manage the impact of the global energy shock and support structural reforms. The programme includes an electricity-access objective and measures to encourage...
On 23 October, the African Development Bank approved US$503.75 million in financing to help Botswana manage the impact of the global energy shock and support structural reforms. The programme includes an electricity-access objective and measures to encourage private investment. Energy developers, engineering firms and infrastructure suppliers can explore opportunities in energy planning, project monitoring and infrastructure performance analysis. HPC can support operational modelling and data-driven project management; the approved financing is not the value of a single energy construction contract.
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