Botswana Explores Investment with China Africa Fund

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Botswana Explores Investment with China Africa Fund
Botswana Explores Investment with China Africa Fund

Africa-Press – Botswana. The Minister of Minerals and Energy, Honourable Bogolo Joy Kenewendo, received a courtesy call from representatives of the China Africa Development Fund (CADF), a leading investment institution supporting Chinese enterprises in expanding development cooperation across Africa. The meeting focused on identifying mutually beneficial opportunities in Botswana’s minerals and energy sectors, with emphasis on industrialisation, value-addition, and the country’s clean energy transition. CADF reaffirmed its commitment to Botswana, highlighting its existing investment in the Khoemacau Copper Mine and expressing interest in expanding its portfolio within the country.

Honourable Kenewendo emphasised that Botswana is prioritising beneficiation, processing, and value-addition of minerals as key strategies to drive job creation, skills development, and industrial growth. She welcomed CADF’s interest in supporting the country’s ambitions to deepen local participation across the mining value chain. According to the Minister, attracting investments that contribute to long-term economic growth and enhance the skills of the local workforce remains a central goal of the Ministry.

The CADF delegation expressed interest in contributing to Botswana’s human capital development through initiatives such as training geosciences professionals and advancing the use of Artificial Intelligence in the mining sector. They highlighted plans to build on existing investments and explore new projects that align with Botswana’s development priorities. The delegation also underlined the potential for collaboration in clean energy initiatives and the industrialisation of mineral resources.

Both parties agreed on the importance of fostering sustainable partnerships that create shared value for investors and local communities. Honourable Kenewendo noted that strategic collaboration with institutions like CADF can accelerate Botswana’s industrial development while supporting innovation and technology adoption in the sector. The discussions set the stage for continued engagement and potential agreements that will strengthen Botswana’s position as a regional leader in minerals and energy.

The meeting reflects Botswana’s proactive approach to attracting investment that drives economic diversification, supports technological advancement, and strengthens the country’s human capital. By encouraging foreign investment with a focus on value-addition and sustainable development, Botswana aims to ensure that the benefits of its mineral resources extend to local communities and the broader economy.

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