Botswana Development Corporation
Botswana Development Corporation Limited provides financial assistance to investors with commercially
viable projects in Botswana. It offers debt financing, equity financing, and invoice discounting services.
The company also develops and manages residential, commercial, industrial, and hotel properties; and
provides property letting, lease management, rental collection, and property maintenance services.
In addition, it is involved in the manufacture and supply of concrete products, including railway
slippers; clay products, such as face bricks, pavers, and special shaped bricks to designers and
craftspeople; and food cans that are used to package various products, such as dairy, fish, fruits,
meat, and vegetables. Further, the company operates a conference and exhibition center, and lodge;
provides export credit insurance, debt collection, legal, insurance, and construction bonds; and leases
farms for various integrated farming ventures. Botswana Development Corporation Limited was founded in
1970 and is based in Gaborone, Botswana.
Botswana Development Corporation
Fairscape Precinct, Plot 70667, The Tower
P/Bag 160, Gaborone
Tel: (267) 365 1300
Fax: (267) 390 3114, 397 3539, 390 4193, 391 3567
Botswana Trade and Investment Center
Botswana Investment and Trade Centre (BITC) is an integrated Investment and Trade Promotion Authority with
an encompassing mandate of investment promotion and attraction; export promotion and development including
management of the Nation Brand.
The organization plays a critical role of driving Botswana’s economic growth through attraction of FDI,
domestic investment, facilitation of expansions and further spearheads the growth of exports by promoting
locally manufactured goods to regional and international markets. BITC drives wealth creation for Batswana
by creating platforms that will ensure increased citizen participation in the economy and create sustainable
job opportunities. Of significant importance within the role of this organization is building and maintaining
a positive and impressive image of our country locally and internationally.
Through this encompassing mandate, BITC has committed to deliver service excellence to ensure the ease of doing
business for investors. This commitment is made possible by the Botswana One Stop Service Centre (BOSSC).
Business Botswana (former BOCCIM) House
P.O. Box 432
Phone: (+267) 3953459
Fax: (+267) 3973142
Private Bag F/85
Phone: (+267) 2414622
Fax: (+267) 2414494
African Development Bank Knowledge Products
Botswana Economic Outlook
Botswana continued to recover from setback in 2015, when the economy contracted 1.7% due to weak demand for
diamond exports, severe drought, and persistent electricity and water supply shortages. Real GDP growth increased
from 4.3% in 2016 to an estimated 4.5% in 2017, driven largely by broad-based expansion in non-mining activities,
notably water and electricity; trade, hotels, and restaurants; transport and communication; and construction. The
non-mining sector’s buoyancy was underpinned by improvements in the diamond trade and the continuation of countercyclical
policies. Although diamond prices gradually rebounded, mining output contracted again, albeit less than in 2016.
Extraction and processing of diamonds for export remains Botswana’s main growth driver.