Mmegi

Botswana’s envoy to China targets billion-Pula investment drive

Lekoko Kenosi.PIC.KENNEDY RAMOKONE
Lekoko Kenosi.PIC.KENNEDY RAMOKONE

Botswana is sharpening its economic diplomacy with China, placing foreign direct investment (FDI) at the centre of a broader push to reconfigure the country’s growth model. At the centre of that effort is newly appointed envoy to China, Professor Lekoko Kenosi tasked with converting a 50-year diplomatic relationship into a pipeline of capital, technology and industrial capability.

From modest beginnings in Palapye to one of the most strategic diplomatic postings in Botswana’s foreign service, Kenosi steps into the role at a time when the country’s economic fundamentals are under pressure. Slowing growth, constrained fiscal space and persistent reliance on diamond revenues have forced a re-calibration of policy priorities.

Botswana and China have maintained diplomatic relations since 1975, with cooperation spanning infrastructure, healthcare, education and trade. Bilateral trade now exceeds $1 billion annually, but the relationship has largely been project-based, with limited transformation of Botswana’s production base.

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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