Africa-Press – Botswana. President Dr Mokgweetsi Masisi is lobbying for the establishment of a University of Texas in Botswana.
In a meeting with the university’s president in Texas on Monday, Dr Richard C Benson, Dr Masisi requested that the institution, which desires to establish an office in Africa, to consider Botswana.
The university is classified as a doctoral research institution with the highest activity in the area of space science, which Botswana has an active interest in, as well as bioengineering and cyber security.
President Masisi had on the same day officiated at a one-day Botswana-Dallas business networking engagement during which he informed investors that Botswana possessed appealing attributes for any investor.
President Masisi said even though Botswana had made noticeable developmental strides, having investors and partners from a city such as Dallas could help the country realise its aspirations of a knowledge-based economy and high income status.
He said investors and partners would find in Botswana a whole nation state premised on the rule of law as well as boasting a predictable fiscal regime.
President Masisi told the Dallas business community that Botswana had proven to be trustworthy by maintaining a successful relationship with mining giant, De Beers over many years.
He implored the Dallas business community to be part of the US Africa Business Summit that Botswana would be hosting in July.
Earlier, President Masisi was taken on a tour of Axxess company, which organised the networking engagement.
Axxess is a leading home healthcare technology company headquartered in Dallas which also houses 23 of the US’ Fortune 500 companies.
For his part, Botswana Investment and Trade Centre chief executive officer Mr Keletsositse Olebile said Botswana was uniquely positioned to be a launch pad for investment into the rest of Africa.
He informed his audience that the country had in place a framework called Botswana International Financial Service Centre that served as a hub enabling investors to control their investments in other countries from their Botswana bases.
Mr Olebile explained that companies registered under the framework were incentivised such as being subjected to a low corporate tax rate of 15 per cent.
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