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Botswana bounces back as Africa’s top mining address

Ready to ramp up: Khoemacau is among the frontier developers of the Kalahari Copperbelt. The new mine is due to double expansion in the next few years PIC: KHOEMACAU.COM
Ready to ramp up: Khoemacau is among the frontier developers of the Kalahari Copperbelt. The new mine is due to double expansion in the next few years PIC: KHOEMACAU.COM

Botswana has powered back to being Africa’s most attractive address for mining investments, climbing 56 spots in the latest edition of the authoritative Fraser Institute of Mining Survey.

Released last week, the survey captures the views of 180 mining executives around the world who rank jurisdictions – including regions and countries – according to policy areas which collectively determine the attractiveness of setting up and operating mining ventures in the countries and jurisdictions.

Although Botswana has generally topped the Fraser survey in Africa over the 25 years of its existence, the country first lost ground to Namibia in 2015 and in 2021, was elbowed completely out of the top 10 by Morocco, Ghana, Liberia and others.

Editor's Comment
Micro-procurement maze demands urgent reform

Whilst celebrating milestones in inclusivity, with notably P5 billion awarded to vulnerable groups, the report sounds a 'siren' on a dangerous and growing trend: the ballooning use of micro-procurement. That this method, designed for small-scale, efficient purchases, now accounts for a staggering 25% (P8 billion) of total procurement value is not a sign of agility, but a 'red flag'. The PPRA’s warning is unequivocal and must be...

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