BDC Profile

Botswana Development Corporation Limited (BDC) was established in 1970 to be the country's main agency for commercial and industrial development. The Government of Botswana owns 100 percent of the issued share capital of the Corporation.

Structure

The control of the Corporation is vested in a Board of Directors. All directors are appointed (and removed) by the Minister of Finance and Development Planning. The Corporation is managed by the Managing Director, who is assisted by two General Managers.

Objective

To assist in the establishment and development of commercially viable businesses in Botswana.

Vision

To be the Leading Development and Investment Financier.

Mission

The Premier, innovative investment partner offering diverse financial products to promote development and economic diversification.

BDC's Role is to:

Provide financial assistance to investors with commercially viable projects.

Support projects that generate sustainable employment for Batswana and add to the skills of the local workforce.

Encourage citizen participation in business ventures. Furthermore, BDC supports the development of viable businesses which perform one or more of the following functions:

• Use locally available resources.
• Produce products for export or to substitute imports.
• Foster linkages with the local industry.
• Contribute to the development of Botswana's resources and overall economy.

As far as possible, BDC wishes to limit its involvement in new projects to a minority interest but will bear the major burden of development where this is in the national interest.