Botswana

Botswana Pursues New Energy Deal as Power Supply Crisis Escalates

2 days ago

In a move that underscores the urgency of its energy needs, Botswana is actively seeking to negotiate a new power supply agreement with Eskom, South Africa's beleaguered state electricity provider. This comes amid a profound energy crisis that has gripped the nation, leading to widespread blackouts and increasing discontent among its citizens.

Botswana Evaluates Plan for New 615-Megawatt Coal-Fired Power Plant

9 days ago

Botswana is set to embark on a significant energy project as the government considers the establishment of a new coal-fired power plant with a capacity of 615 megawatts. This ambitious plan comes in light of the country's need to enhance its electricity generation capabilities and address the growing demand for power among its citizens and industries.

Botswana Aims for 1.5 GW of Solar Power to Accelerate Green Transition

20 days ago

Botswana is set to take significant strides toward a greener future by seeking to secure 1.5 gigawatts (GW) of solar power capacity. This initiative is part of the nation’s broader strategy to transition to renewable energy sources, enhancing sustainability while reducing reliance on traditional fossil fuels. The government has recognized the imperative of adapting to global energy trends and is leveraging its solar potential as a key component of this transformation.

Botswana Secures Landmark Diamond Deal with De Beers

2 months ago

In a significant development for Botswana's economy, President Mokgweetsi Masisi announced a new agreement with the diamond giant De Beers. This deal, which has been in negotiation for several months, is set to reshape the landscape of Botswana's diamond mining industry and promises to bring in substantial financial benefits to the country.

South Africa Suspends Trade Route with Botswana Following Devastating Flooding

3 months ago

In a significant disruption to regional trade, South Africa has announced the closure of its primary trade route with Botswana due to unprecedented rainfall and subsequent flooding. This decision, aimed at ensuring the safety of travelers and the integrity of the infrastructure, has highlighted the growing impact of climate-related events on transportation and trade in Southern Africa.

Standard Chartered Considers Divesting Operations in Africa: Focus on Zambia, Uganda, and Botswana

4 months ago

In a significant development within the banking sector, Standard Chartered Bank (StanChart) has revealed it is contemplating the sale of its banking subsidiaries located in Zambia, Uganda, and Botswana. This potential divestiture marks a strategic reassessment for the institution as it seeks to streamline operations and refocus its growth strategies in certain markets across the African continent.

The Rise of Botswana: A New Haven for Wealthy Africans Seeking Diversification

5 months ago

In an ambitious push towards economic diversification, Botswana is positioning itself as an attractive destination for affluent individuals across Africa. This strategic move not only aims to bolster its own economy but also seeks to offer lucrative opportunities for wealthy investors, enticing them to relocate or invest in this stable Southern African nation.