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2 clusters · 5 sources · 4 days · First seen 6 days ago · Last updated 2 days ago

Botswana economic and financial development

Overview

Botswana is pursuing economic transformation through digital infrastructure expansion and capital market growth. Botswana Fibre Networks (BoFiNet) has expanded its national fibre network to over 14,000 kilometres, connecting 227 towns and villages to support digital inclusion and ICT education while maintaining financial sustainability without government subvention.

Simultaneously, the Botswana Stock Exchange (BSE) is implementing its ‘10X by 2030’ strategy to expand the nation’s capital markets tenfold and establish Gaborone as a premier African financial gateway. This initiative includes repatriating pension capital and financing 186 national projects. To facilitate this, the BSE is focusing on product innovation such as Exchange-Traded Funds and Eurobonds. Additionally, Access Bank Botswana is facilitating regional investment by offering local investors stakes in a US$1.6 billion Dangote refinery share sale.

Entities

FNB Botswana · Gaborone · Dangote Refinery · Botswana Stock Exchange · Botswana

Timeline

2 days ago

[BUSINESS] 2 sources
Botswana Stock Exchange targets financial hub status via 10X by 2030 strategy
The Botswana Stock Exchange is executing a '10X by 2030' strategy to expand capital markets and transform Gaborone into a major financial hub, supported by new investment products and regional refinery stakes.
6 days ago

[BUSINESS] 3 sources
Botswana focuses on digital infrastructure and private sector growth
Botswana marks 13 years of BoFiNet's fibre network expansion and engages in national dialogues to accelerate private-sector-led economic growth.

Sources

botswanaminute.com · motswana.co.bw · na.co.bw · nbcnews.na · riotimesonline.com