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
Gov't must empower DCEC urgently

As the new Umbrella for Democratic Change (UDC) government takes charge, it must act decisively to equip the Directorate on Corruption and Economic Crime (DCEC) with the tools, laws, and resources needed to combat graft. The time for half-measures is over. DCEC Director-General, Botlhale Makgekgenene’s, recent address to the Public Accounts Committee paints a stark picture. Over five years, leadership instability, chronic underfunding and weak...

Have a Story? Send Us a tip
arrow up