Botswana, Oct. 23 -- The Board of Directors of the African Development Bank Group has approved a US$503.75 million (6.62 billion Botswana pula) loan to enable Botswana to cushion the impact of the global energy shock and support structural reforms for private sector-led economic growth and job creation, particularly for women and youth. One of the Bank's largest operations in the country, the financing is designed to deliver tangible benefits to households.Through the Economic Competitiveness and Transformation Support Program (ECTSP), the loan will fund fiscal and private sector reforms, aiming to lift non-mining tax value to 11.8 per cent of GDP for 2027/28, raise private investment to 30 per cent by 2028, and expand support for micro, sm...