LESOTHO LAUNCHES COUNTRY STRATEGY PAPER 2025-2030

1
LESOTHO LAUNCHES COUNTRY STRATEGY PAPER 2025-2030
LESOTHO LAUNCHES COUNTRY STRATEGY PAPER 2025-2030

What You Need to Know

Lesotho’s Minister of Foreign Affairs, Mr. Lejone Mpotjoane, launched the Country Strategy Paper (CSP) 2025–2030, focusing on national development. The strategy emphasizes key areas such as energy, water, ICT, and industrialization, aiming to unlock the country’s potential and promote sustainable growth and employment for Basotho.

Africa-Press – Lesotho. The Minister of Foreign Affairs and International Relation, Mr Lejone Mpotjoane, officially launched the African Development Bank Group’s Lesotho Country Strategy Paper (CSP) 2025–2030, aimed at accelerating national development.

The launch happened in Maseru on Wednesday. Speaking at the launch, Mr Mpotjoane commended the Bank’s continued support to various projects in Lesotho and noted that the new strategy will open more opportunities for growth and help unlock the country’s potential.

He highlighted key priority areas including Energy, Water, ICT, resource mobilization, and industrialization. He added that Lesotho’s natural resources can support the development of new industries and strengthen the economy.

The Minister further noted that the strategy incorporates cross-cutting themes such as climate, resilience, gender equality, youth empowerment, and employment creation to ensure inclusive and sustainable development.

He emphasized that if properly implemented, the CSP will drive sustainable growth, create opportunities and improve the livelihoods of Basotho. The CSP 2025–2030 sets the framework for continued collaboration between Lesotho and the African Development Bank over the next five years, with a strong focus on boosting economic growth and national development.

Lesotho has been working towards improving its economic landscape through various strategic initiatives. The African Development Bank has played a crucial role in supporting Lesotho’s development projects, particularly in infrastructure and resource management. The new Country Strategy Paper for 2025-2030 aims to build on these efforts, ensuring that the country’s natural resources are effectively utilized to foster industrial growth and economic resilience. This strategy reflects a broader commitment to inclusive development, addressing critical issues such as climate change and gender equality.

LEAVE A REPLY

Please enter your comment!
Please enter your name here