Gaolathe Attends Global Economic Forums

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Gaolathe Attends Global Economic Forums
Gaolathe Attends Global Economic Forums

Africa-Press – Botswana. The Vice President and Minister of Finance, Mr Ndaba Gaolathe, will participate in the 12th Africa Financial Strategy and Investment Conference (AFSIC) 2025 in London before proceeding to the 2025 International Monetary Fund (IMF) and World Bank Group (WBG) Annual Meetings in New York, United States of America.

A press release from the Ministry of Finance says Mr Gaolathe will participate in two major global economic and investment forums spanning various days in October.

The release says the AFSIC is scheduled for October 14 and 15, while the IMF and WBG Annual Meetings, where the Boards of Governors will engage on major global challenges, are scheduled for October 13 to 18.

It says the challenges include the persistent fragility of the global economy, geopolitical shocks, climate-driven disasters, poverty eradication, and economic development.

It further says the New York meetings aim to leverage economic capital to uplift developing nations by addressing issues such as debt, aid effectiveness and ensure that capital is distributed to support health, education, and infrastructure outcomes.

Meanwhile, AFSIC 2025 is one of Africa’s foremost investment gatherings, bringing together over 1 500 global investors, business leaders, policymakers and thought leaders to explore opportunities across the continent’s rapidly expanding markets.

The meeting will be held under the theme:Investing in Botswana: Unblocking Africa’s Next Frontier for Sustainable Capital, and Botswana will highlight its competitive advantages as a stable, well-governed and investor-friendly economy.

The release says Botswana’s presence at AFSIC will be anchored by the Botswana Deal Room, where 14 bankable projects from the Botswana Economic Transformation Programme will be presented to global investors.

In addition to attending statutory meetings, Mr Gaolathe will hold bilateral meetings with international development partners and policymakers to discuss potential areas of collaboration with Botswana to foster private sector development and job creation.

The Vice President will be accompanied by senior government officials from the Ministry of Finance and are expected back October 20.

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