mmegi

The ace up Botswana’s sleeve at US-Africa Summit

Partners for development: Foreign Affairs minister, Lemogang Kwape held a bilateral meeting with US undersecretary for Political Affairs, Victoria Nuland PIC: MBONGENI MGUNI
Partners for development: Foreign Affairs minister, Lemogang Kwape held a bilateral meeting with US undersecretary for Political Affairs, Victoria Nuland PIC: MBONGENI MGUNI

As the competition for investor attention peaked amongst African nations at the recent summit called by President Joe Biden for the continent’s leaders, Botswana, which had appeared to be losing ground to its continental rivals, pulled out a trump card. Staff Writer, MBONGENI MGUNI was in Washington DC and reports

They may call each other ‘brothers’ and pass ‘fraternal greetings’ at every opportunity.

And indeed they are. But African countries are also each other’s rivals for foreign investor attention, the kind that brings in capital, skills transfer, job creation, economic deepening, and for many countries the possibility that the investor will export back to their home country and generate valuable foreign currency. This is not to say African countries aren’t also trying to boost investment and trade amongst each other.

Editor's Comment
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

Have a Story? Send Us a tip
arrow up