DFI Lesotho

Basotho Enterprise Development Corporation (BEDCO), Lesotho

 

The Basotho Enterprises Development Corporation (BEDCO) is a parastatal of the Government of Lesotho, which was established by the BEDCO Act No. 09 of 1980 as amended. The mandate of BEDCO as conferred by the Government of Lesotho, is to establish and develop indigenous Basotho-owned enterprises.

 

Functions, Products and Services

 

To contribute to the economic development of Lesotho by assisting the Basotho small and medium sized enterprises (SMEs) to develop entrepreneurship, business and management capabilities in an affordable way. This is done through training; consultancy and counseling; technical and financial assistance; machines, equipment, and workspace hire; subcontracting; and raw material procurement.... Read More.


 

Lesotho National Development Corporation (LNDC), Lesotho

The Lesotho National Development Corporation (LNDC) is the main parastatal of the Government of Lesotho charged with the implementation of the country’s industrial development policies.

 

Functions, Products and Services

 

The role of the Corporation is to promote Lesotho as an attractive investment location for both foreign and indigenous investors. The Corporation’s mandate is to initiate, promote and facilitate the development of manufacturing and processing industries, mining and commerce in a manner calculated to raise the level of income and employment in Lesotho...... Read More.