The MoU was signed between Mr. Ravindra Nath, CMD, NSIC and Dr. Tebogo Matome, CEO, Local Enterprise Authority (LEA), Botswana on 3rd October, 2014 in Gaborone, Botswana, to share their best practices for the development and growth of MSMEs in their respective countries. The MoU envisages setting up of Technology cum Business Incubator Centres, developing policies and Institutional framework for MSME development in Botswana.

10 Oct 2014