25th of March 2026
Own correspondent
The Botswana Development Corporation(BDC) has released abridged results for 6 months ending 31 December 2025 showing P49million trade income, a nominal trade income growth year on year of 4%. It also reported credit losses of P77million.
This is despite hosting a portfolio boasting assets worth P4.1billion, a decline of 9% and total assets of P6billion, a modest growth of 2% year on year.
“This assessment has enabled us to adopt a more sustainable approach that prioritizes performance, liquidity, and long-term value creation for the benefit of Batswana,” said Oteng Keabetswe, BDC Managing Director.
BDC is implementing a new strategy centered on portfolio optimization and asset recycling, targeted investment decisions, mobilization of off-balance-sheet capital, active investor participation, and diversification across high-impact sectors.
Recent portfolio conversion initiatives have already produced encouraging results, with new investments generating stronger projected revenue relative to capital deployed.
During the period, BDC continued to deploy capital into priority sectors, with approximately P250 million invested in the first half of the financial year and cumulative disbursements of about P550 million over a seven-month period.
These investments are expected to generate stronger cash returns relative to capital deployed, underscoring the effectiveness of the Corporation’s targeted investment approach.
BDC recorded Group income of approximately P208 million during the period and closed with a strengthened cash position of about P534.9 million, supported by funding inflows and active liquidity management.
BDC’s strategy emphasises impact investing, directing capital toward commercially viable projects that deliver measurable socio-economic benefits while strengthening Botswana’s productive capacity.
This approach is supported by a robust pipeline of bankable investments across priority sectors, several of which are progressing toward financial close in the near term.
Over the medium term, BDC plans to invest approximately P1.39 billion across priority sectors including agribusiness, healthcare, energy, financial services, and technology, with the potential to create over 1,000 jobs, expand financial inclusion, support import substitution, and strengthen domestic industries. Looking ahead, BDC aims to transform into a purpose-driven investment institution capable of mobilising capital at scale, supporting both emerging and established enterprises, and delivering consistent returns for the Shareholder (Government of Botswana), while contributing to long-term national prosperity.
BDC is increasingly leveraging partnerships and co-investment structures to mobilise additional capital, enabling the Corporation to support larger projects while maintaining financial discipline.
The ultimate objective is to create lasting economic value for Botswana and its people: “Our vision is to support industries that create jobs, drive innovation, and strengthen the nation’s economic foundations so that future generations of Batswana can thrive,” said Keabetswe.
The Roundtable also underscored the importance of constructive engagement between BDC and the media to ensure accurate, balanced, and contextual reporting on development issues.
