Botswana’s President Duma Boko has announced a partnership with Qatar’s Al Mansour Holdings to address immediate national concerns, with the Gulf corporation committed to $12 billion in investments across multiple economic sectors.
The agreement, struck in collaboration with the state-owned Botswana Development Corporation, would focus on important industries such as infrastructure, energy, mining, diamond refining, agriculture, tourism, cybersecurity, and defense, according to reports.
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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.