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    BFA slashes deficit and eyes bright future with financial reform and football revival

    Sports chief raises alarm over doping spike amid Region 5 triumph

    Sports chief raises alarm over doping spike amid Region 5 triumph

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Unlocking Opportunities: BDC’s Role in the US-Africa Business Summit

By strengthening the private sector and positioning Botswana as an attractive investment destination, the main investment arm of the Botswana Government is paving the way for Botswana's prosperous future

mm by Staff Writer
July 13, 2023
in News
Reading Time: 2 mins read
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BDC participates at the Expo 2020 Dubai

Cross Kgosidiile, Managing Director at BDC

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The US-Africa Business Summit is a dynamic platform that brings together influential stakeholders, visionary entrepreneurs, and savvy investors from both the United States and various African nations.

Spearheaded by the Government of Botswana through the Ministry of Trade and Industry in collaboration with the Botswana Investment and Trade Centre (BITC) and other state-owned entities such as the Botswana Development Corporation (BDC), this event plays a crucial role in fostering economic growth and strengthening business ties. BDC, as a key stakeholder in this prestigious summit, is committed to not only promoting trade and investment between the United States and Africa but also to nurturing intra-African partnerships.

Trusted entity

As a trusted entity at the forefront of Botswana’s economic development, BDC envisions a thriving nation that embraces sustainable and inclusive growth. With a clear mission to drive economic diversification, BDC assumes a critical role in facilitating strategic investments and advancing key sectors to secure Botswana’s future prosperity. The US-Africa Business Summit has gained global recognition as a premier event for promoting trade and investment between the United States and Africa.

Themed “Enhancing Africa’s Value in Global Value Chains,” this year’s summit, aims to explore a renewed commitment by both public and private sector stakeholders to build stronger US-Africa trade, investment, and commercial ties in the wake of unprecedented health and economic challenges. Recognising the significance of this summit, BDC’s presence as the Botswana Government’s main investment arm is not merely symbolic. The Corporation actively engages in a range of activities designed to showcase Botswana’s investment potential and attract partners and investors to the country.

Meaningful connections

Through networking opportunities and engaging presentations during the summit, BDC aims to establish meaningful connections and foster sustainable business relationships that will help Botswana achieve its economic aspirations.

BDC is currently implementing a transformative strategic plan that revolves around the value of strategic partnerships. By integrating Botswana into the global economy through platforms like the US-Africa Summit, the Corporation aims to highlight Botswana’s competitive advantages and favourable investment climate across various sectors.

Manufacturing, tourism, renewable energy and technology are among the sectors of interest. Through showcasing Botswana’s potential in these areas, BDC seeks to stimulate interest and catalyse investments that will ultimately drive economic transformation and create employment opportunities.

Sustainable growth

While the US-Africa Business Summit serves as a catalyst for economic engagement, the impact of the BDC extends far beyond this event. The Corporation remains resolute in its vision for the future.

With an unwavering commitment to driving Botswana’s economic diversification agenda, BDC will continue to pursue innovative projects, forge strategic partnerships, and facilitate sustainable growth. By strengthening the private sector and positioning Botswana as an attractive investment destination, BDC is paving the way for Botswana’s prosperous future.

Tags: BDCBotswana Development Corporation (BDC)Botswana Investment and Trade Centre (BITC)

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