Dichaba Group Plans Botswana Stock Exchange Listing to Drive African Expansion. Dichaba Group, a Botswana-based technology company, is preparing to list on the Botswana Stock Exchange (BSE) as part of its strategy to expand operations across Africa. The company, which owns Ditec and Dichaba Consumer Electronics, aims to use the Initial Public Offering (IPO) to raise capital for its growth ambitions beyond Botswana’s borders.
The announcement was made during an information session organized by De Beers Group and Standard Chartered Bank as part of the Stanford Seed Transformation Program. This program provides leadership training, business development support, and networking opportunities for Southern African entrepreneurs.
Dichaba Group has set its sights on becoming a major player in the African consumer electronics market. The company focuses on producing high-quality, affordable electronics that can compete with established global brands. By going public, it seeks to secure the necessary funding for scaling its product lines and reaching new markets across the continent.
A key objective of the IPO is to allow Batswana investors to participate in the company’s growth by owning shares. This move aligns with the government’s efforts to promote locally produced goods, a factor that has contributed to the company’s success in Botswana.
