In a significant boost to Botswana’s business landscape, local financier Ticano Group has officially signed a $1 million trade financing facility with the Trade and Development Bank Group. The agreement, signed on June 12th, 2025, marks a strategic step toward enhancing support for small and medium-sized enterprises (SMEs) across the country.
Ticano Group, known for its role in facilitating critical cash flow and logistics management, plays a vital part in ensuring efficient service delivery nationwide. With this new financing facility, the company is set to scale its impact, providing tailored financial solutions that help SMEs thrive in a competitive and often capital-constrained environment.
Speaking at the signing ceremony, Ticano’s Group Executive Director, Opelo Motswagae, expressed his enthusiasm about the partnership. “This facility will allow us to expand our support for SMEs, helping them access the funding they need to grow and deliver value. We are committed to empowering businesses and improving economic resilience throughout Botswana,” he said.
The funding is expected to help bridge liquidity gaps for local businesses, making it easier for them to procure goods, manage inventories, and deliver services on time. With improved access to working capital, more SMEs will be able to compete effectively and contribute to the country’s economic development.
The Trade and Development Bank’s collaboration with Ticano Group signals strong confidence in the company’s model and its ability to make a meaningful difference. The partnership reflects a shared vision of fostering inclusive growth, supporting entrepreneurship, and driving sustainable trade on the African continent.
As Botswana continues to champion economic diversification and private sector growth, this milestone positions Ticano Group as a key player in shaping a more dynamic and financially inclusive future.
