• FMD surges in SAOctober 6, 2025
    Border villages,Tlokweng on high alert Cattle crossing into SA to be slaughtered Farmers to conduct FMD routine checks   BAKANG TIRO RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace… Read more: FMD surges in SA
  • Banks report P5.98 billion loan defaultsOctober 6, 2025
    Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace STAFF WRITER editors@thepatriot.co.bw Arrears on loans… Read more: Banks report P5.98 billion loan defaults
  • Botswana Council of Churches calls for peaceOctober 6, 2025
    GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace   Rev. Mmachakga Moruakgomo, representing the Botswana Council of Churches, on August 2025 undertook a diplomatic visit to… Read more: Botswana Council of Churches calls for peace
  • Botswana defends slaughtering elephantsOctober 6, 2025
    Global uproar over killing 21 elephants for Independence festivities KITSO RAMONO editors@patriot.co.bw RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace   The Ministry of Environment and Tourism has confirmed… Read more: Botswana defends slaughtering elephants
  • BDC Group revenue surges to P802mOctober 6, 2025
    Lines up projects worth P1.2 billion in short-term Hails Delta Automotive milestones in growing regional market To unlock growth after US$12 billion AI Mansour Holdings deal STAFF WRITER editors@thepatriot.co.bw RelatedPosts FMD surges in SA Banks report P5.98 billion loan… Read more: BDC Group revenue surges to P802m
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Tuesday, October 7, 2025
The Patriot On Sunday
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result

African Domestic Bond Fund enters Botswana market

patriot by patriot
September 22, 2022
in Business
0

BAKANG TIRO

editors@thepatriot.co.bw

RelatedPosts

Banks report P5.98 billion loan defaults

BDC Group revenue surges to P802m

Choppies gross profit hits P1.8 billion

Mauritius’s leading foreign securities public company – African Domestic Bond Fund (ADBF) – has listed on the Exchange Traded Fund (ETF) of local bourse Botswana Stock Exchange (BSE).

The ETF listing by ADBF is anticipated to boost local market liquidity as well as grow the economy.

Speaking at the listing ceremony on Thursday in Gaborone, BSE Chief Executive Officer (CEO) Thapelo Tsheole underscored that ADBF’s listing shows that the bourse is highly attractive.

According to Tsheole, the BSE has proven to be resilient amidst difficult trading environment.

He is adamant that the arrival of the Triple A rated listing would enhance BSE competitiveness.

“Bringing this ETF listing in Botswana stock market will increase liquidity in the market. It will also enable local investors to have access to instruments. ETF value in Botswana cumulatively reached P2.5 billion and we anticipate more growth as the ADBF list on the stock exchange,” he said.

For his part, African Development Bank Principal Investment Officer-Capital Markets, Albin Kakou said the African Development Bank through the ADBF intends to boost African economies.

Kakou noted that the fund has only been listed with Mauritius Stock Exchange since its inception.

“Listing with Botswana Stock Exchange means a lot towards Botswana’s economy. This fund will help increase access to finance in the stock market and will broaden the local financial system. Our mandate as Africa Development Bank is to boost capital markets in Africa markets,” he said.

ADBF is a foreign debt securities Collective Investment Schemes structured as an Exchange Traded Fund (ETF),which aims to track in a cost-efficient manner the performance of the AfDB/AFMISM Bloomberg® African Bond Index 25% Capped (the “Index”) – Ticker BADBC – before fees and expenses, by investing principally in the sovereign bonds of African countries.

With ADBF listing on BSE, it strategically does not invest in all the bonds but seeks to achieve its investment objective by employing a “stratified sampling” the approach to match the Index’s characteristics and returns by investing in a well-diversified portfolio that represents the Index.

The Fund is managed by the Mauritius Commercial Bank Group (MCM). It was launched in partnership with the African Development Bank and listed on Mauritius Stock Exchange in 2018.

Yadav Abhimanyu, MCB Investment Management Head of Fixed Income and Currencies, said the development of the local capital markets across Africa is important as they boost growth.

He noted that the fund has been listed on Mauritius Stock Exchange in US Dollars, adding that its value has been growing in leaps and bounds surpassing some of US Government listed bonds.

Moreover, he said the fund will strengthen the Pula currency as well as   others across Africa. The local stock exchange as part of attracting listings launched Investor Compensation Fund.

The BSE Investor Compensation Fund has been established to amongst other things grant compensation to investors for financial losses suffered as a result of a participant failure to meet their contractual needs and it is targeting the retail investors. 

Previous Post

BERA (AMMENDMENT) ACT 2022- CREATING A HONEY POT

Next Post

Palesa’s reign ends

Related Posts

Banks report P5.98 billion loan defaults
Business

Banks report P5.98 billion loan defaults

October 6, 2025
BDC Group revenue surges to P802m
Business

BDC Group revenue surges to P802m

October 6, 2025
Choppies gross profit hits P1.8 billion
Business

Choppies gross profit hits P1.8 billion

October 2, 2025
Tataki mine opens
Business

Tataki mine opens

September 22, 2025
Banks in P90.79 billion household debt
Business

Banks in P90.79 billion household debt

September 13, 2025
𝐇𝐞𝐦𝐩 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚𝐥s roll in
Business

𝐇𝐞𝐦𝐩 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 d𝐞𝐚𝐥s roll in

September 13, 2025
Next Post
Palesa’s reign ends

Palesa's reign ends

Please login to join discussion
  • FMD surges in SAOctober 6, 2025
    Border villages,Tlokweng on high alert Cattle crossing into SA to be slaughtered Farmers to conduct FMD routine checks   BAKANG TIRO RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace… Read more: FMD surges in SA
  • Banks report P5.98 billion loan defaultsOctober 6, 2025
    Government’s growing fiscal pressures escalate risks of default in household and business loan repayments   RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace STAFF WRITER editors@thepatriot.co.bw Arrears on loans… Read more: Banks report P5.98 billion loan defaults
  • Botswana Council of Churches calls for peaceOctober 6, 2025
    GORATAONE KGOSIMORE editors@thepatriot.co.bw RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace   Rev. Mmachakga Moruakgomo, representing the Botswana Council of Churches, on August 2025 undertook a diplomatic visit to… Read more: Botswana Council of Churches calls for peace
  • Botswana defends slaughtering elephantsOctober 6, 2025
    Global uproar over killing 21 elephants for Independence festivities KITSO RAMONO editors@patriot.co.bw RelatedPosts FMD surges in SA Banks report P5.98 billion loan defaults Botswana Council of Churches calls for peace   The Ministry of Environment and Tourism has confirmed… Read more: Botswana defends slaughtering elephants
  • BDC Group revenue surges to P802mOctober 6, 2025
    Lines up projects worth P1.2 billion in short-term Hails Delta Automotive milestones in growing regional market To unlock growth after US$12 billion AI Mansour Holdings deal STAFF WRITER editors@thepatriot.co.bw RelatedPosts FMD surges in SA Banks report P5.98 billion loan… Read more: BDC Group revenue surges to P802m
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?