Afreximbank still open to Botswana loan deal
Friday, June 21, 2024 | 290 Views |
A high powered team from the Cairo-headquartered bank spent days in the country two years ago hammering out the details of the proposed funding, which was intended to be spread out over three years.
However, no firm ground could be found, with reports that Finance Ministry technocrats were unimpressed with the loan’s terms. The offer would have been the first time the pan-African trade bank partnered directly with government, as its previous deals in the country have been limited to private sector support.
Firstly, the government must play its part in facilitating this transition. The role of Kgosi isn't merely ceremonial; it carries substantial responsibilities and influence within the community. Therefore, the government must ensure that all legal and procedural requirements are met to support Khama's return. This includes providing the necessary resources and administrative support to uphold the integrity of the Kgotla and its...