Botswana Seeks Global Investment to Drive Post-Diamond Growth

Botswana Seeks Global Investment to Drive Post-Diamond Growth. Ndaba Gaolathe, has announced that Botswana is actively engaging global investors to support the country’s economic transition beyond its reliance on diamonds. Speaking at the launch of the 4th Botswana National Human Development Report, which focused on youth employment, Gaolathe highlighted the urgency of diversifying the economy amid tightening fiscal space and a subdued diamond outlook.

He revealed that government outreach efforts have included direct talks with international institutions and participation in global economic forums, all aimed at attracting investment for critical national development.

Gaolathe also addressed how several infrastructure projects highlighted in the 2025 Budget Speech are being structured to be financed outside of traditional public spending. “Given the current fiscal realities, it would be unwise to fund all projects through the national budget,” he said.

“We’re turning to alternative financing methods such as Public-Private Partnerships, Build-Operate-Transfer schemes, and blended finance. These models allow us to deliver essential infrastructure without increasing national debt or reducing the quality of public services.”

For Botswana’s entrepreneurs, these developments could signal new opportunities in sectors positioned for investment and growth. As the country diversifies its economy, local businesses may find potential partnerships and market openings in infrastructure, technology, and service delivery.