Mmegi

Investor rush builds for Botswana’s energy sector

Base load: Morupule B continues to anchor generation, but developers are eager to join the industry
Base load: Morupule B continues to anchor generation, but developers are eager to join the industry

Investors are scrambling for a piece of Botswana's emerging energy sector, with the Ministry of Finance reportedly noting more interest than the country’s infrastructure is currently able to accommodate.

Last week, in a podcast interview with journalist Spencer Mogapi, Finance Minister Ndaba Gaolathe said Botswana was receiving unparalleled expressions of interest in energy, surpassing interest in any other sector, with investors standing ready with cash to pour into the country’s power generation industry.

However, Ndaba said the surge in investor appetite comes against the backdrop of transmission grid constraints that have stood in the way of unlocking new investment.

Editor's Comment
Borrowers need room to breathe

“Every time you borrow money, you are robbing from your future self”-Nathan.W.MorrisBank of Botswana’s latest supervision report shows loans placed on a watch list for potential repayment problems rising to P5.5 billion. These loans have not necessarily defaulted, which means there is still an opportunity to address the weaknesses. Meanwhile, loans already in arrears have reached P5.2 billion. For households, this pressure can mean...

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