SkyCloud helps bridge Botswana’s development gap
correspondent | Wednesday August 19, 2026 15:19
Speaking at a project financing engagement, SkyCloud managing director, Bruce Nkgakile, the company has identified opportunities in the housing , student accommodation, government offices and transport sectors through market intelligence and engagements with local institutions.
“We have a property division called Sky Class Properties, which has approached local commercial banks and received a positive response ,' he said.
The company has identified the Botswana Defence Force, Botswana Police Service, Prisons, and the Ministry of Basic Education as potential beneficiaries of accommodation projects.
He said projects would be financed through special purpose vehicles, with rental income generated from completed developments used to repay financiers over an agreed period.
“This particular solution is critical because we are in a country where we have got an economic quagmire,” he said, warning against continued reliance on government borrowing.
The model could also enable government departments to eventually own properties instead of spending millions on rentals.
“The rental that they should be paying up is what they will probably be paying to the Bank as a mortgage, and 20 years, 15 years down the line, they ultimately own that land,” he said.
SkyCloud also challenged councils and parastatals to unlock their land through partnerships with private investors, arguing that lack of public funding should not bring development to a standstill.
The company plans to approach councils, universities, and parastatals nationwide with proposals aimed at addressing immediate infrastructure needs.
“We must give ourselves a 90-day timeline for us to call back the media and come and report to the project that will provide a solution,” he said.
He said the initiative could create significant employment, citing the redevelopment of a hotel which is expected to employ about 150 people when fully operational.
SkyCloud said its proposed model could extend beyond housing to roads, public transport and government offices, ultimately accelerating development whilst reducing the financial burden on the public sector.