Unlocking Value. Driving Growth. Building a Sustainable Legacy

Shaping Botswana’s Mining Future

Unlocking Value. Driving Growth. Building a Sustainable Legacy

Numbers

MDCB Today by the Numbers

MDCB is a state-owned investment company dedicated to optimising, diversifying, and growing Botswana’s mining and minerals assets while fostering socio-economic development.

BWP7.1billion*/
BWP19.4billion**

* Aggregate book value of investments (per IFRS based separate accounts) ** Market value of investments

4

Commodities produced by investees (diamonds, coal, copper, nickel)

4

# of countries in which portfolio companies have significant mining operations

~BWP1.6billion

Group revenues (per IFRS based group accounts)

+20,900

Direct employees of portfolio companies (including associates and their joint venture partners but excluding contractors)

BWP1-2billion

Current pipeline of investments over the next two years

Guided by Purpose. Driven by Excellence

Minerals Development Company Botswana (MDCB) is a strategic investment company established to hold and manage mining and mineral assets on behalf of the Government of Botswana. Our primary focus is to maximize financial returns for our shareholders while ensuring they contribute to the socio-economic development of Botswana. Through strategic investments, advisory services, and sector development initiatives, we aim to build a prosperous and sustainable future for generations to come.

Our Vision

To be a globally competitive mining and minerals investment company contributing to Botswana’s financial security by 2028.

Our Mission

To generate attractive returns by investing in mining and mineral opportunities. We will do so as an active, innovative, and responsible shareholder,

Our Values

Performance

Dynamic, Excellent, Integrity

Perseverance

Disciplined, Resilient, Accountable

Passion

Ambitious, Win Together, Assertive

Our Mandate

Grow, Optimize, and Diversify the Mining and Minerals Portfolio

We aim to expand and enhance the value of Botswana’s mining and minerals assets through strategic investments, partnerships, and operational improvements. Our focus is on diversifying the portfolio to include high-potential commodities and emerging sectors.

Provide Advisory Services to the Government of Botswana

We offer expert commercial and technical mining advisory services to support the Government of Botswana in making informed decisions about the mining sector. Our expertise ensures that the nation’s mineral resources are managed effectively and sustainably.

Facilitate the Development of the Local Mining and Minerals Sector

We are committed to fostering the growth of Botswana’s mining and minerals sector by supporting local enterprises, promoting skills development, and creating opportunities for value addition within the country.

Contribute to the Socio-Economic Development of Botswana

Through our operations and initiatives, we aim to create jobs, empower communities, and contribute to the overall socio-economic development of Botswana. We believe in shared value, ensuring that the benefits of mining are felt by all Batswana.

Our story

Harnessing Botswana's Mineral Wealth for a Sustainable Future

Who We Are

Minerals Development Company Botswana (MDCB) has been established to propel Botswana's mineral-rich potential into a sustainable future. As a custodian of mining and minerals assets for the Government of Botswana, MDCB is driven by a multifaceted mandate. It aims to optimize, diversify, and grow the country's mining and minerals investment portfolio, fostering financial security. The company also provides vital advisory services to the government on commercial and technical mining matters, ensuring informed decisions.

Our Commitment:

At MDCB, we are guided by the core values of performance, perseverance, and passion. Our strategic objectives focus on:

Cultivating a high-performance culture.
Strengthening organizational resilience.
Enhancing stakeholder management.
Expanding our asset base.
Maximizing returns for the government.

By adhering to these principles, MDCB envisions a fully developed investment model, a well-resourced organization, and a diversified portfolio, ensuring Botswana's long-term prosperity through its rich mineral resources.

Our Legacy, Leadership & Vision