Mr Semethe Raleche
Manager - Investment Promotion
Lesotho National Development Corporation
W : www.lndc.org.ls
Industry / Sector
Agriculture & Allied Services, Financial Services, Infrastructure, Manufacturing, Trade
Experienced Development Finance Practitioner with a demonstrated experience in investment and international trade promotion, private sector development, regional economic integration and economic development policy. Led investment and trade promotion missions in the Southern African region, Asia, Middle East, and Europe. Served as a member of Subcommittee on Investment under the SADCProtocol on Finance and Investment. Skilled in Project Finance, Corporate Finance, Microfinance, Business Forecasting, CorporateGovernance, Research Methods, Business Planning, AnalyticalSkills, Coaching, and Entrepreneurship. Strong finance professional with a Master of Philosophy (MPhil) in Development Finance focused in Development Finance from Stellenbosch University/UniversiteitStellenbosch.
The Kingdom of Lesotho is a constitutional monarchy found at the southern tip of Africa. It is a mountainous territory and the only country in the world which has all its land lying above 1,500m above sea level.
Lesotho boasts a lucrative investment and trade value proposition anchored on a robust investment and trade policy. This trade and investment agenda is led by the Lesotho National Development Corporation (LNDC), established by an Act of parliament with a mandate to initiate, facilitate, and promote investment and trade in a manner calculated to create employment and economic growth. LNDC also provides development finance for strategic agriculture and manufacturing projects. LNDC further develops industry support infrastructure such as industrial parks and special economic zones (SEZs).
LNDC is at the service of investors to obtain all necessary licenses and permits, register for tax, acquire land and aid local investors' participation into projects.
LNDC is looking for investors in:
a. Large poultry producers and processors with distribution in UAE, Europe and Asia
b. Large pork producers and processors with distribution in UAE, Europe and Asia
c. We have a deciduous fruits project (Apples, peaches and apricots) that we are looking for investment partners for – we are also looking for distribution channels for fruits into the UAE.
a. We have large scale Pure Salmon project that we are looking for investors for; 20 000 tonnes production capacity per annum using clean, high altitude Lesotho water. This is the project we have registered for the awards.
a. We are looking for automotive components manufacturing companies that may be willing to set up manufacturing/assembly firms in Lesotho to integrate with global value chains but more especially to supply the South Africa auto industry OEMs and Lesotho after-sales market.