Botswana

Botswana business news from Gaborone. Diamond industry, tourism, financial services, and investment intelligence from Southern Africa’s stable democracy.

Botswana’s $3.7bn reserve loss forces a rethink

Botswana's foreign exchange reserves have collapsed from $7.5bn in 2017 to $3.2bn today. Diamond revenues are down 50%. GDP contracted…

Botswana opens $75,000 citizenship by investment

Botswana has unveiled its Impact Investment Programme, offering citizenship for contributions of $75,000 to $90,000, as Africa's leading diamond producer…

Anglo American Takes $2.3 Billion Hit on De Beers as Sale Process Nears Completion

Anglo American has booked a second consecutive multi-billion-dollar impairment on De Beers — $2.3 billion in 2025 after $2.9 billion…

Egypt opens Africa’s longest monorail line

President Sisi inaugurated the 56.5km East Nile Monorail on March 20, connecting Cairo Stadium in…

Ghana’s lithium problem isn’t geology. It’s people.

Ghana's Ewoyaa lithium project is set to produce 3.6 million tonnes of spodumene concentrate over…

From Alexandra township to running Africa’s biggest bank

Mary Vilakazi grew up in Alexandra township, sold sweets for pocket money, financed her education…

All four SA banks are chasing Kenya

All four of South Africa's biggest banks are targeting Kenya simultaneously. Nedbank is buying NCBA.…