Botswana Development Corporation to acquire a 24% stake in Kamoso Africa.

Botswana Development Corporation, a development finance institution, agreed to acquire a 24% stake in Kamoso Africa, one of Botswana’s diversified fast-moving consumer goods platforms, from Rand Merchant Bank Ventures and Ninety One. Financial terms were not disclosed. "The Kamoso Africa Team is excited to welcome the Botswana Development Corporation as one of our key shareholders. With their intimate knowledge of the Botswana Market, their involvement will further enhance our growth strategy," Ian Dewar, Kamoso CEO.