Botswana

10-Apr-2018

African Development Bank is key to Africa’s economic development, say Southern African Governors

The Southern African Governors of the African Development Bank have described the Bank as the future of Africa’s development, and called on it to lead the way to faster-paced development of the continent. The Governors – Finance Ministers and Ministers of Economic Planning from Angola, Lesotho, Madagascar, Malawi, Mozambique, Namibia, São Tomé and Príncipe, South Africa, Swaziland, Zambia and Zimbabwe – shared their thoughts at a regional consultation with African Development Bank President Akinwumi Adesina and Senior Bank Executives at the institution’s headquarters in Abidjan, Côte d’...
12-Mar-2018

Southern Africa Economic Outlook 2018

The economic outlook for the Southern Africa region is cautious. Broad-based economic activity is expected to recover at a slow pace, but the outlook remains modest, given the diverging growth patterns for the region’s economies. Upper middle-income countries turned in low and declining rates of growth. Meanwhile, lower income transitioning economies recorded moderate and improved growth, albeit at reduced rates. Despite the improvement, economic performance remains below the regional target of 7 percent annual economic growth for all member states. The region’s economic outlook continues to...
14-Feb-2017

The AWF and NEPAD-IPPF Foster Climate Resilient Water Resources Development in Southern Africa

The African Water Facility (AWF) and NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) signed on January 31, 2017 in Pretoria, South Africa, a letter of agreement with the Orange Senqu River Basin Commission (ORASECOM) to launch the Climate Resilient Water Resources Investment Strategy and Multipurpose Project Preparation for the Orange-Senqu River Basin, shared by Botswana, Lesotho, Namibia and South Africa. The co-financed project, amounting to about €3.5 million, includes contributions from AWF of about €2 million and $1.2 million from NEPAD-IPPF. The main...
29-Nov-2016

The African Water Facility promotes sustainable growth through climate resilient water resources development in Southern Africa

The African Water Facility (AWF) approved a grant of about €2 million to support a multinational transboundary project to prepare a Climate Resilient Water Resources Investment Strategy and Multipurpose Project for the Orange-Senqu River Basin, serving the population of Botswana, Lesotho, Namibia and South Africa. The main goal of this project is to promote sustainable socio-economic growth in the basin riparian countries through climate resilient water resources development in the framework of basin wide cooperation led by the Orange Senqu River Basin Commission (ORASECOM). The project will...
28-Apr-2016

AfDB supports Botswana’s economic diversification programme

In a bid to help Botswana diversify its economy, the Board of Directors of the African Development Bank has approved a 850-million Pula (US $76.2-million) line of credit (LOC) to Botswana Development Corporation (BDC) to be invested in key sectors with a view to ultimately help diversify the country’s economic base. The government will provide a sovereign guarantee to the facility to finance BDC’s investment pipeline in key sectors such as agri-business, clean energy, services, infrastructure and manufacturing. The LOC will be complemented by a grant to strengthen the BDC’s implementation...
11-Nov-2015

Southern Africa Quarterly Report 3rd Quarter -2014 - Issue No.14

04-May-2015

AfDB backs Botswana’s economic transformation, approves 2015-2019 Country Strategy Paper

Executive Directors of the African Development Bank Group (AfDB) have endorsed the Bank’s Botswana Country Strategy Paper (CSP) 2015-2019; which provides a framework for the Bank Group support to Botswana during the period to enable the country achieve inclusive sustainable growth. The Bank’s support will focus on two pillars – (i) infrastructure development; and (ii) private sector development. These pillars are consistent with the core priorities of the Bank’s Ten Year Strategy, 2013-2022, and the priority actions of the country’s 10th National Development Plan. Discussing...
01-Apr-2015

Gender inequality in African labour markets under the spotlight in two AfDB reports

The African Development Bank continues to commemorate the International Women’s Day through forums to discuss challenges in accelerating gender equality. A March 27 meeting on Gender and Livelihoods organized by the AfDB’s Chief Economist Complex at the Bank’s headquarters in Abidjan focused on studies showing that men were more advantaged in securing well-paying employment opportunities than women. A recent study, conducted by the Bank, revealed that in Botswana, men have an up to 44% advantage over women in paid employment. They are also twice as likely as women to be employed in...
12-Mar-2015

AfDB approves US $50 million to ABC Holdings Ltd. in Botswana, Mozambique and Zimbabwe

The Board of Directors of the African Development Bank Group (AfDB) through its private sector window approved on March 11, 2015 a US $50 million multi-currency line of credit (LoC) with a seven-year tenor to ABC Holdings Ltd. and its subsidiaries in Botswana, Mozambique and Zimbabwe. ABC Holdings Ltd. (ABCH) is a rapidly growing financial institution targeting local small and medium enterprises (SMEs) in these countries covering various sectors such as construction, agriculture, manufacturing, transport and services. ABCH is gradually increasing its SME portfolio share targeting 30% by...
10-Feb-2015

Project Briefs of 2004 Projects

The programme combines five inter-linked financial and technical components with the objective of promoting franchising as a business strategy to develop SMEs amongst Previously Disadvantaged Individuals in SA. This programme will provide the learning experience for its subsequent replication throughout the continent. The programme to finance franchisees in South Africaincludes four main components: (i) An Extended Finance Facility (EFF) established to enhance the gearing of franchisees’ businesses by providing a deferred loan (subordinated) with a grace period of up to 5 years; (ii)Debt...
05-Nov-2014

Southern Africa Quarterly Report 2nd Quarter-2014 Issue No.13

The Southern Africa region reported an acceleration of growth in over half of the countries in the second quarter of 2014. In five countries, growth either decelerated or stayed on course. Growth was strongest in Angola, which grew by 8.8 percent, driven by growth in non-oil activities in the construction and energy sectors; followed by Mozambique, which grew by 7.5 percent, supported by the acceleration of trade related activities, transport, telecoms, and manufacturing and electricity; and Zambia, which grew by 6.5 percent following strong public expenditure in social sectors and...
26-Aug-2014

Southern Africa Quarterly Review and Analysis – 1st Quarter 2014 - Issue 12

The Southern Africa region continued on a positive growth path with significant differences in growth rates among countries in the region. Mozambique, Zambia and Angola registered the fastest growth rates, exceeding the 7 percent growth rate target of the Southern African Development Community (SADC), supported by positive performance of the mining sectors and strong public expenditure. Officials in Zimbabwe also predict a significant acceleration of growth (from 3.7 percent in 2013 to 6.1 percent in 2014) premised on the successful implementation of its Agenda for Sustainable SocioEconomic...
30-Jul-2014

President Kaberuka calls for urgent action on the Kazungula Bridge Project

African Development Bank President Donald Kaberuka expressed concern over the huge economic cost to the Southern African Development Community (SADC) region caused by delays in constructing the Kazungula Bridge, during his visit to the project on Saturday, July 26, 2014. The President saw first-hand, a long queue of trucks waiting to cross from both sides of the border crossing at Kazungula. Transporters are using old ferries (pontoons) to move goods and vehicles across the Zambezi River at the Kazungula border crossing between Botswana, Namibia, Zambia and Zimbabwe. The Kazungula Bridge...
31-Mar-2014

Government and African Development Bank discuss new Country Strategy for “strong, shared, sustainable growth” in Botswana

An African Development Bank team held discussions with the Government of Botswana during the week of March 24, 2014, to agree on areas of Bank support over the next five years. “The Bank’s 2014-2018 Country Strategy Paper for Botswana is intended to consolidate strong, shared and sustainable growth in this country,” said Zondo Sakala, the Bank’s Vice-President for Country and Regional Programs.   “We held excellent discussions with the Finance and Development Planning Minister, Hon. Mr. Kenneth Matambo; with the Minerals, Energy and Water Resources Minister, Hon. Mr....
24-Feb-2014

The AfDB launches new guidelines for Statistical Business Registers in Africa

The Statistical Capacity Building Program of the African Development Bank responds to the needs of AfDB’s regional member countries (RMCs) as well as the Bank’s commitments in support of aid effectiveness, such as the Paris Declaration, the Marrakech Action Plan for Statistics (MAPS) and the Busan Plan of Action of the High-Level Forum in 2011. Under the guidance of Oliver Chinganya, Manager of the AfDB’s Statistical Capacity Building Division, within the Statistics Department (ESTA), the AfDB has developed Statistical Business Register (SBR) Guidelines for African countries. ESTA...
19-Feb-2014

Southern Africa Quarterly Review and Analysis – 4th Quarter 2013 - Issue 11

The Southern Africa region closed the year on an overall positive note, notwithstanding the downward revisions in growth projections seen in nearly half of the countries covered. Early indications show that the average growth rate for 2013 was 4.3 percent, only slightly lower than the 4.4 percent predicted in the third quarter. On a positive note, growth was strong in Mozambique, Zambia and Angola and picked up in Malawi and Swaziland. Mozambique continued on a strong growth path driven by growth in the mining sectors (coal) and in transport and communications.
18-Feb-2014

African Symposium on Statistical Development Emphasizes Central Role of Data in Development

Focus on link between vital statistics and good governance in Africa Described as both “highly relevant” and “timely”, the 9th African Symposium on Statistic Development opened on Monday, February 17 in Gaborone, Botswana, under the theme “Promoting the Use of Civil Registration and Vital Statistics in Support of Good Governance in Africa.” In light of the recent call by the United Nations High-Level Panel on the Post 2015 Development Agenda that no person – regardless of ethnicity, gender, geography, disability, race or other status – should be denied universal human rights...
17-Feb-2014

9th ASSD - Botswana meeting highlights way forward for AfDB’s statistical initiatives

The strengthening of statistical capacity in African countries, the launch of Africa’s Information Highway, and a new book outlining guidelines for building statistical business registers were among the topics discussed at a meeting convened by the Statistics Department of the African Development Bank Group, in Gaborone, Botswana, on Sunday, February 16. The meeting brought together heads of National Statistical Offices from the Bank’s regional member countries (RMCs) and international experts to discuss the important role statistics play in the development of the continent...
15-Jan-2014

Botswana - Trans-Kgalagadi Road Project - PPER

15-Jan-2014

Botswana: Health Personnel Training Project