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Botswana slides in Fraser survey but still Africa’s No.1

Friday, May 24, 2024 | 400 Views |

Grinding on: Khoemacau’s recently concluded transaction was the largest private sector merger or acquisition FILE PIC

Botswana has fallen in the latest global mining attractiveness rankings compiled by the Fraser Institute, dropping to position 15 globally from position 10 in the previous year, with investors concerned about skills and infrastructure shortages in the country.

According to the 2023 edition of the authoritative survey, Botswana took back its position as Africa’s most attractive mining investment destination, overtaking Morocco.

At the global level, five European countries overtook Botswana in the latest edition of the survey, with some investors noting that the country had unclear laws on environmental protection.

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