About BDC

The Botswana Development Corporation (hereinafter referred to as “BDC” or the “Corporation”) is the Government’s main investment arm established in 1970 as a private company and wholly owned by the Government of Botswana through the Ministry of Trade and Entrepreneurship (MTE).

Botswana Development Corporation

The
Government
of Botswana

Botswana Development Corporation history

BDC is the country’s main agency for commercial and industrial development.Established in 1970 under the Companies Act,

BDC is a company Limited by Shares and owned by the Government of Botswana.

The control of the Corporation is vested in an independent Board of Directors led by an Independent Non-Executive Chairman. The Managing Director is responsible for the day to day running of the Corporation.

Our Mandate

BDC’s primary mandate is to provide and facilitate funding of commercially viable projects and/or enterprises that contribute towards industrialisation, economic development, and diversification. The Corporation provides debt, equity, and mezzanine funding both domestically, regionally, and internationally. Other than primary diamond mining and what many consider to be ‘sin stocks’ (e.g. tobacco, gambling), BDC makes sure to invest in viable projects across impactful sectors of the economy, with a particular focus on those aligned to national priorities.

BDC provides both debt and equity financing to commercially viable projects that perform one or more of the following functions:

Pioneer new industries
Unlock value in existing industries
Drive diversification and exports
Create significant employment.
Stimulate private sector growth and foster linkages with the local industry

Values

Impact

Every Pula must create measurable value for Botswana, generating jobs, exports and sustainable growth.

Integrity

Trust is our licence to operate. We act with honesty, accountability and transparency in everything we do.

Excellence

We set the benchmark through preparation, discipline, quality and continuous improvement.

Boldness

We embrace courageous thinking, innovation and decisive action to unlock long-term opportunities.

Partnership

We achieve more through collaboration with colleagues, clients, Government and strategic partners.

Economic Sovereignty

We invest in Botswana’s future by strengthening local industries, reducing dependency and creating prosperity.

Mission

To create sustainable economic value as a strategic investor of inclusive, impactful and productive enterprises.

Vision

To be a mega investment company that is impact-focused and fostering meaningful economic transformation and sustainable growth.

Our Governance Structure

At a governance level, BDC is directed by a board of directors appointed by the Minister of Trade and Industry (as the representative of the shareholder). In appointing the members, the Minister places emphasis on skills and expertise and attracts private business leaders, public sector executives as well renowned practitioners in areas of specialities deemed critical for BDC’s strategy.

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