Botswana

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

Botswana and Namibia’s $4bn refinery pact

Botswana and Namibia signed a bilateral agreement on May 28 at the AfDB Annual Meetings in Brazzaville to jointly develop…

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…

Abiy unveils Addis Ababa’s riverside makeover

Ethiopian PM Abiy Ahmed inaugurated the Entoto-Kebena River and Riverside Development Project in Addis Ababa…

EU’s steel tariff hits South Africa

The EU's new steel import framework took effect July 1, imposing annual quotas with a…