https://newsletter.mw.creamermedia.com

Botswana signs $12bn investment deal with Qatar's Al Mansour Holdings

Botswana President Duma Boko

Botswana President Duma Boko

Photo by Reuters

22nd August 2025

By: Reuters

  

Font size: - +

Botswana's President Duma Boko announced on Thursday an agreement with Qatar's Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12-billion in investments in various economic sectors.

The deal signed in partnership with state-owned Botswana Development Corporation will focus on key sectors including infrastructure, energy, mining, diamond refinement, agriculture, tourism, cybersecurity and defence, Boko said in a post on Facebook.

Botswana has long been seen as one of Africa's economic success stories. But that has been tested by a diamond market downturn, which caused gross domestic product to contract 3% last year and could trigger another contraction this year.

"This historic move will be enough to address immediate challenges facing the country," said Boko.

The Qatari delegation arrived in Botswana on Wednesday on an investment mission to explore strategic opportunities and bolster bilateral economic ties.

Renowned for its diamond wealth, the Southern African country has been striving to diversify its economy by attracting foreign investment and strengthening its position in global markets.

Edited by Reuters

Comments

Latest Multimedia

Photo of Martin Creamer
On-The-Air (22/08/2025)
Updated 2 hours 41 minutes ago By: Martin Creamer

Latest News

Showroom

Multotec
Multotec

Multotec, recognised industry leaders in metallurgy and process engineering help mining houses across the world process minerals more efficiently,...

VISIT SHOWROOM 
Amsted Reelin image
Amsted Reelin

REELIN is Currently the largest supplier of Bearings to Transnet. We have contracts to supply bearings, draft gears slackadjusters and other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 22 August 2025
Magazine round up | 22 August 2025
22nd August 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.151 0.224s - 126pq - 2rq
Subscribe Now