Overseas Private Investment Corporation (OPIC) and Standard Bank Group Announce $125 Million Loan Guaranty for Botswana’s Local Cutting and Polishing Industry

Stanbic Bank Botswana, a member of Standard Bank Group; the Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution; and Botswana Finance LLC, a subsidiary of Lazare Kaplan International (LKI), today signed a $125 million loan guaranty, which will encourage and support lending to diamond manufacturers and polishing companies while allowing the organizations… […]

Stanbic Bank Botswana, a member of Standard Bank Group; the Overseas Private Inve...

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