US Africa Summit kicks off

Ready, set, go: Trade and Industry minister, Mmusi Kgafela (second from left) and Botswana's ambassador to the US, Kitso Mokaila, held a joint briefing with senior government and Corporate Council on Africa officials on Monday PIC: BRAND BOTSWANA FACEBOOK
Ready, set, go: Trade and Industry minister, Mmusi Kgafela (second from left) and Botswana's ambassador to the US, Kitso Mokaila, held a joint briefing with senior government and Corporate Council on Africa officials on Monday PIC: BRAND BOTSWANA FACEBOOK

The US Africa Business Summit took off today in Gaborone, with over 1,200 delegates registered and the promise of deals being made across various economic sectors.

The summits, organised by the Corporate Council on Africa - a trade association focusing on strengthening commercial relationships between the United States and Africa – are the premier platforms for bringing together African heads of state and other senior US and African government officials with top African and American senior business executives.

On Monday, Botswana Investment and Trade Centre CEO, Keletsositse Olebile told media that the organisation is ready to capture the attention of an array of institutional investors seeking to channel capital investments into Botswana.

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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