The P162 billion windfall
Unprecedented Qatar’s investment lifts economic mood
- 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
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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