Mmegi

Botswana bets on gas mining boost for flagging economy

Martinick, Chairman, Botala Energy 
PICS: TSHEKISO TEBALO / OXPECKERS
Martinick, Chairman, Botala Energy PICS: TSHEKISO TEBALO / OXPECKERS

Industry experts and environmental watchdogs are worried about a lack of transparency around a flagship project – and warn of dire consequences for surrounding communities, wildlife, and ecosystems SELLO MOTSETA investigates

Botswana is no rough diamond when it comes to producing one of the world’s most sought-after minerals. The southern African nation was responsible for 80% of global diamond exports in 2024, according to the Observatory of Economic Complexity. Now, with global prices plummeting because of slowing demand and ever-more diamonds being grown in labs – and amid growing demand in the region for renewable energy solutions – Botswana’s nascent natural gas mining sector is on the rise.

But industry experts have warned that there are major gaps in regulation, monitoring, and oversight that could leave communities, communal grazing lands, and wildlife vulnerable to gas leaks and contaminated groundwater.

Editor's Comment
Let the courts follow the money

“Law and order are the medicine of the body politic and when the body politic gets sick, medicine must be administered.”– B.R. AmbedkarThe amount of money at play threatens to test the integrity of the country’s financial system, giving more reason to why the courts must be fully given leeway to lean on the matter and reach a conclusion.Botswana has spent decades building her reputation as a stable and credible financial jurisdiction.The...

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