Botswana's President, Duma Poku, announced the signing of an agreement with a Qatari company aimed at addressing urgent national economic challenges. The company pledged to invest $12 billion in several vital sectors.
In a statement reported by local media, Poku explained that the agreement was made in partnership with the state-owned Botswana Development Corporation (BDC) and will focus on vital sectors including infrastructure, energy, mining, diamond refining, agriculture, tourism, cybersecurity, and defense.
He stated that this historic step will be sufficient to address the current challenges facing the country, emphasizing that investments worth $12 billion (over 160 billion pula) will contribute to strengthening economic cooperation and addressing the challenges facing the country.
The Botswana President added that the memorandum of understanding reflects the government's commitment to advancing economic progress and diversifying sources of income, while strengthening ties between the two countries. He noted that the memorandum signed between BDC and Al Mansour Holding aims to enhance cooperation in areas of mutual interest and support national development goals and economic growth.
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