{"id":672,"date":"2021-11-05T12:37:30","date_gmt":"2021-11-05T12:37:30","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address"},"modified":"2021-11-05T12:42:20","modified_gmt":"2021-11-05T12:42:20","slug":"botswana-ranked-africas-fifth-best-investment-address","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address","title":{"rendered":"Botswana Ranked Africa\u2019s Fifth Best Investment Address"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>The latest Rand Merchant Bank ‘Where to Invest in Africa’ report has ranked Botswana the continent\u2019s fifth-best address for investment, Business Monitor has learnt.
\nThe key report is used by global investors as part of their decisions on where to put money on the African continent.<\/p>\n

In the latest report, Botswana came behind Egypt in first place, Morocco, South Africa and Rwanda.<\/p>\n

RMB researchers noted that Botswana\u2019s high foreign-exchange reserves had enabled it to weather the pandemic-induced economic storm better than most.
\n\u201cFollowing an 8.5 percent contraction in 2020, Botswana\u2019s economy is on a path of recovery, with growth slated for 6.7 percent in 2021,\u201d the researchers said. \u201cWhile the primary sector \u2013 diamond-mining in particular \u2013 is the main catalyst for this year\u2019s growth, concerted efforts have been undertaken by both the private and public sector to ensure that the effects of the pandemic are minimised moving forward.\u201d RMB Africa economist Daniel Kavishe said due to the impact of COVID-19, this year\u2019s report assesses the extent of the pandemic\u2019s impact by sketching the landscape of the continent pre-COVID-19, and then painting a picture of both its actual and potential outcomes through and post-pandemic. Where previous editions positively projected Africa\u2019s prospects discerned through reliable and readily available data, COVID-19 has muddied the analytical waters and compelled the team to adapt its methodology. \u201cWe created a new set of rankings that incorporated some of the unavoidable COVID-19-induced challenges, of which the operating environment score was one,\u201d Kavishe said. Rwanda and Botswana moved up the rankings due to their operating environments, the researchers said. The report also notes that to ensure the delivery of the Economic Recovery and Transformation Plan (ERTP), the government has secured funding from the World Bank and the AfDB to the tune of $250m and $137m respectively. These funds will be directed towards attracting private-sector investments, contributing to the diversification of Botswana\u2019s exports, and creating job opportunities for a green economy. The ERTP also seeks to finance and fast-track key infrastructural projects across the country to support growth in the local construction industry. \u201cTo ensure that plans to promote local production are successful, however, Botswana will have to address its implementation challenges,\u201d RMB researchers stated.<\/p>\n

For More News And Analysis About Botswana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. The latest Rand Merchant Bank ‘Where to Invest in Africa’ report has ranked Botswana the continent\u2019s fifth-best address for investment, Business Monitor has learnt. The key report is used by global investors as part of their decisions on where to put money on the African continent. In the latest report, Botswana came […]<\/p>\n","protected":false},"author":84,"featured_media":671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9,16],"tags":[233,237,234,270],"class_list":["post-672","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-africa-press","tag-africa-press-botswana","tag-botswana","tag-investment"],"yoast_head":"\nBotswana Ranked Africa\u2019s Fifth Best Investment Address - Botswana<\/title>\n<meta name=\"description\" content=\"The latest Rand Merchant Bank 'Where to Invest in Africa' report has ranked Botswana the continent\u2019s fifth-best address ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Botswana Ranked Africa\u2019s Fifth Best Investment Address\" \/>\n<meta property=\"og:description\" content=\"The latest Rand Merchant Bank 'Where to Invest in Africa' report has ranked Botswana the continent\u2019s fifth-best address ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-05T12:37:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-05T12:42:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2021\/11\/img-6185266d0adb0.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"448\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Botswana Ranked Africa\u2019s Fifth Best Investment Address\",\"datePublished\":\"2021-11-05T12:37:30+00:00\",\"dateModified\":\"2021-11-05T12:42:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address\"},\"wordCount\":390,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2021\/11\/img-6185266d0adb0.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Botswana\",\"Botswana\",\"Investment\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/botswana-ranked-africas-fifth-best-investment-address\",\"name\":\"Botswana Ranked Africa\u2019s Fifth Best Investment Address - 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