Gaborone, Botswana – August 2024
Minerals Development Company Botswana (MDCB) made a powerful impression at the Future Mining Summit 2024, asserting its position as a thought leader and transformative force within Botswana’s mining and minerals sector. The event, held at Boipuso Hall, served as a strategic platform for dialogue, innovation, and partnership across the mining value chain.
Charting the Course Toward a Billion-Dollar Vision
MDCB’s Chief Executive Officer, Mr. Matome Tsholetsa Malema, delivered an electrifying keynote address that captivated delegates and industry stakeholders alike. His presentation, centred on MDCB’s ambition to achieve a USD 1 billion valuation by 2030, outlined the company’s bold roadmap for portfolio growth, diversification, and sustainable value creation.
Mr. Malema highlighted MDCB’s strategic investments in critical minerals, infrastructure, and beneficiation as key levers in driving Botswana’s mining transformation.
“Our goal is clear - to position MDCB as a globally competitive mining investment company that not only delivers financial returns but also contributes to Botswana’s long-term economic resilience,” said Mr. Malema.
Empowering Growth Through Strategic Finance
Adding to the summit’s high-level discussions, MDCB Chief Investment Officer, Mr. Modise Mokone, shared expert insights during a panel session on “Access to Finance for High-Capital Sustainable Mining Projects.”
Mr. Mokone emphasised the importance of innovative financing models and public-private partnerships in unlocking large-scale, sustainable mining ventures that align with Botswana’s developmental priorities.
His contribution resonated strongly with investors, positioning MDCB as both a credible partner and a catalyst for responsible mining growth.
A Hub of Engagement and Collaboration
MDCB’s exhibition stand emerged as a major attraction at the summit, drawing significant attention from delegates and media alike. Among the distinguished visitors were three Honourable Ministers-the Minister of Minerals & Energy, the Minister of Trade and Industry, and the Minister of Environment who commended MDCB’s leadership and forward-looking approach.
The interactive exhibition space showcased MDCB’s growing portfolio, investment philosophy, and role in shaping Botswana’s mining future sparking productive discussions with industry partners and investors.
Leading the Future of Mining
“Our participation in the Future Mining Summit demonstrated MDCB’s leadership in driving Botswana’s mining evolution,” said the Chief Corporate Affairs Officer, Ms Esther Norris. “Through strategic engagements, we reaffirmed our shared vision with government and industry to make Botswana a top-tier mining investment destination.”
With its bold strategy, dynamic leadership, and commitment to sustainable growth, MDCB continues to define the next chapter of Botswana’s mining story one built on innovation, resilience, and national pride.
About Minerals Development Company Botswana (MDCB):
Minerals Development Company Botswana (Pty) Ltd is an investment holding company wholly owned and established by the Government of Botswana to grow, optimise and diversify the Government’s mining and mineral investment portfolio with a view to generating attractive financial returns and contribute to Botswana’s financial security. MDCB also provides advisory services (commercial and technical) to the Government and facilitates the development of the Botswana’s mining and minerals sector. As part of its mandate the company also houses the Government Diamond Valuation (GDV) function responsible for negotiating best prices for the country’s diamonds and deriving optimum value thereof, for the benefit of Batswana.
For More Information
Website: www.mdcb.co.bw
Email: info@mdcb.co.bw
Phone: +267 3810 300
