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The P162 billion windfall

Kitso Ramono Majaha by Kitso Ramono Majaha
August 27, 2025
in News, Premium
0

The P162 billion windfall

Unprecedented Qatar’s investment lifts economic mood

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  • Amount four times Botswana’s foreign reserves at P44 billion
  • Almost double Botswana’s 2025/26 national budget of P89 billion
  • Qataris in massive investment in southern and central Africa

 

STAFF WRITERS

editors@thepatriort.co.bw

 

Botswana government and Al Mansour Holdings of Qatar have signed a substantive agreement worth $12 billion (approximately P162 billion) to kickstart cooperation at a high level. Al Mansour Holdings signed an agreement with Botswana Development Corporation (BDC) which will see the fruition of the $12 billion investment, which will be critical to the country’s development.

The deal, announced by President Duma Boko is expectedto drive economic stability, diversification, and long-term prosperity for Botswana by accelerating national development goals across various sectors such as Mining, Energy. Agriculture and Tourism

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Tags: Al Mansour Holdings committing $12 Billion (approximately P162 Billion)Botswana Development Corporation (BDC).Economist Sennye Obusengformer University of Botswana lecturerPresident Duma Boko

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  • XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSIONAugust 11, 2026
    Staff Writer Digital asset infrastructure company Xago has officially been granted a Virtual Asset Service Provider (VASP) licence in Botswana, marking a significant milestone in the company’s strategy to expand regulated digital financial services across Africa. RelatedPosts XAGO SECURES… Read more: XAGO SECURES BOTSWANA VASP LICENCE, ACCELERATING SOUTHERN AFRICAN EXPANSION
  • Billion-Pula Steve Harvey’s TrapAugust 10, 2026
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  • Save Now, Win LaterAugust 7, 2026
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  • Standard Bank wins 17 awards at Euromoney AwardsAugust 3, 2026
    Standard Bank Group has been recognised with 17 awards at the Euromoney Awards for Excellence 2026. For more than 30 years, Euromoney’s Awards for Excellence have recognised financial institutions that set the global standard in performance, innovation and client… Read more: Standard Bank wins 17 awards at Euromoney Awards
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