Botswana

Botswana and the AfDB

Cooperation between the African Development Bank) and Botswana dates back to 1972. As of October 2012, the Bank had financed 50 operations (41 loan projects, seven institutional support operations, and two studies) valued at approximately US $2.1 billion. Bank-funded projects are primarily in the areas of infrastructure (power, transport, water and sanitation, communication), agriculture, finance and multi-sector.

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Botswana Economic Outlook

Botswana continued to recover from setback in 2015, when the economy contracted 1.7% due to weak demand for diamond exports, severe drought, and persistent electricity and water supply shortages. Real GDP growth increased from 4.3% in 2016 to an estimated 4.5% in 2017, driven largely by broad-based expansion in nonmining activities, notably water and electricity; trade, hotels, and restaurants; transport and communication; and construction. The nonmining sector’s buoyancy was underpinned by improvements in the diamond trade and the continuation of countercyclical policies. Although diamond prices gradually rebounded, mining output contracted again, albeit less than in 2016. Extraction and processing of diamonds for export remain Botswana’s main growth driver.

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Key Facts

Flag:
Capital: Gaborone
Area: 582,000 sq km
Total Population 2017: 2.3 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 11.5 Billion
GNI Per Capita 2015: US$ 6,510
Inflation Rate: 3.51%
Crude Birth Rate (per 1000): 23.60%
Human Development Index (rank / 188): 108
Human Development Index (scale 0 to 1): 0.698
Membership Date: 31/03/1972
Cumulative Approvals (1967-2016): UA 1.6 Billion

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Contacts

Southern Africa Regional Development and Business Delivery Office

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900

Mr Kapil Kapoor, Director General

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