Botswana and its financial institution Absa Bank Botswana signed a Memorandum of Understanding on Monday to create platforms that empower and develop entrepreneurs.
The initiative is part of efforts to deliver citizen economic inclusion, entrepreneurial development, and economic diversification. It seeks to break barriers, equipping and enabling Botswana’s future entrepreneurs, said Deputy Permanent Secretary in the Ministry of Entrepreneurship, Helen Chilisa at the signing ceremony in Gaborone.
Commenting on the collaboration, Absa Head of Global Markets James Nthoyi said that small and medium-sized enterprises (SMEs) sector has proven to be an important driver of economic growth and employment creation across the world, and this initiative reaffirms the bank’s commitment to supporting entrepreneurship in Botswana.
