Botswana

09-Nov-2012

Economic Brief - Could Oil Shine like Diamonds? How Botswana Avoided the Resource Curse and its Implications for a New Libya

At the heart of the socio-economic grievances that led to Libya’s revolution was the rentier economy of the Qaddafi regime. Though oil resources had permitted Libya to accumulate wealth, the country suffered from a number of macroeconomic concerns. By 1973, Libya had a dualistic undiversified economy dominated by the state, afflicted by pervasive rent seeking and regulatory deficiencies (Vandewalle, 2011). The effects of the rentier characteristics of Libya’s economy permeated both the economic and political structures of the country. Excessive oil resources had allowed the political elite to...
09-Nov-2012

Could Oil Shine like Diamonds: How Botswana Avoided the Resource Curse and its Implications for a New Libya

At the heart of the socio-economic grievances that led to Libya’s revolution was the rentier economy of the regime. Though oil resources had permitted Libya to accumulate wealth, the country suffered from a number of macroeconomic concerns. By 1973, Libya had a dualistic undiversified economy dominated by the state, afflicted by pervasive rent-seeking and regulatory deficiencies. The effects of the rentier characteristics of Libya’s economy permeated both the economic and political structures of the country. Excessive oil resources had allowed the political elite to hallow out governmental...
24-Oct-2012

South Africa - A Multi-Stakeholder Consultation on the AfDB’s Human Capital Development Strategy 2013-2017

The African Development Bank is organizing a Multi-Stakeholder Consultation Meeting on its draft Human Capital Development Strategy (2013-2017) in Pretoria, South Africa on 22 and 23 October 2012. Around 100 participants are expected from 12 Southern African countries:  Botswana, Lesotho , Malawi, Mauritius, Mozambique, Namibia, South Africa, Swaziland, Zambia,  Zimbabwe, Rwanda and Nigeria. This consultative meeting will bring together government officials (ministries of education, health, gender, social protection, HIV/AIDS, Labor) as well as non-governmental...
24-Jul-2012

Interview by Moono Muputola, Manager, Regional Integration and Trade, AfDB: “Well-Regulated Commodity Exchanges are of Critical Importance for Africa’s Development”

  “African countries can benefit immensely from well-regulated derivatives commodity exchanges – which in turn could provide a useful tool for Africa’s development,” said Moono Mupotola, manager in charge of Regional integration and trade at the African Development Bank (AfDB), ahead of the Bank-sponsored Pan-African Workshop for Regulators of Derivatives and Commodity Exchanges to be held in Gaborone, Botswana, from 25-27 July 2012. Question: Why is it important today to launch a debate in Africa on regulatory frameworks for derivatives and commodity exchanges? Answer:...
24-Jul-2012

Une conférence panafricaine pour développer les cadres réglementaires des Bourses des dérivés et des matières premières

La Conférence panafricaine pour développer les cadres réglementaires des Bourses des dérivés et des matières premières a pris fin la semaine dernière à Gaborone (Botswana). Elle a réuni une centaine d’experts de haut niveau venant de tout le continent africain pour discuter, pendant trois jours, des voies et des moyens de développer les Bourses des produits dérivés et des matières premières en Afrique, à travers la mise à niveau du cadre réglementaire africain avec les normes internationales. Les experts ont bénéficié de l’expérience des régulateurs de Dubai ; Londres, Inde et Amsterdam....
23-May-2012

Southern Africa Long-Term Strategy Consultation Meeting - Summary Report

The progress made by the Bank over the last decade was generally endorsed along with the strategic direction provided by the HLP and incorporated into the MTS. It is critical to examine the Bank’s role in addressing past and present crises and in applying lessons learned to the LTS.
02-Mar-2012

AfDB takes USD 50m equity Carlyle’s first fund in Sub-Saharan Africa

The Board of the African Development Bank (AfDB) approved an equity investment of USD 50 million into the Carlyle Sub Saharan Africa Fund on 22 February.  This fund is the first investment vehicle that the US-based private equity firm The Carlyle Group has raised to pursue its geographical expansion into sub-Saharan Africa. One of the top global private equity players, The Carlyle Group has been watching the increased political stability and rapid growth of countries like Ghana, Tanzania, Botswana and Benin. The firm has described these countries as attractive places to allocate...
06-Oct-2011

Market Brief - Gender in Employment: Case Study of Botswana

Executive Summary 1. Overview and Background. This report on Botswana is the first of two country studies (the second concerns Mali) that examine gender and employment in Africa. The study is informed by two broad development frameworks. The first is the Millennium Development Agenda that views Millennium Development Goal 3, Gender Equality and Women’s Empowerment, as a critical determinant in the attainment of all the Millennium Development Goals (MDGs), and more broadly, poverty reduction.
05-Oct-2011

Botswana - Botswana Wastewater Reuse and Water Harvesting For Irrigation Study

One of the development objectives of the Government of Botswana (GOB) is to diversify the economy and reduce its overdependence on mining, which has been and still is the mainstay of the country’s economic growth. One of the key areas of this diversification is to boost agricultural production, presently contributing only 2% of the national GDP. This is a far cry from its contribution of nearly 46% in 1966. Any improvement in agricultural production will also reduce the country’s growing reliance on external sources for its food requirements. The sector would also create employment in the...
04-Aug-2011

Botswana-Zambia - Kazungula Bridge - ESIA Summary

The Governments of Botswana and Zambia intend to construct a road-rail bridge at Kazungula, linking the two countries by crossing the Zambezi River. The feasibility study for the project is funded by the African Development Bank and the Governments of Botswana and Zambia. The ESIA Summary presents here-below the Project Description and Justification; Policy, Legal and Administrative Framework; Description of the Project Environment and Location; Project Alternatives; Potential Impacts and Mitigation/Enhancement Measures; Environmental and Social Management Plan; Monitoring Program and Cost;...
23-Jun-2011

Working Paper 130 - Growth and Macroeconomic Convergence in Southern Africa

This paper describes real per capita income and macroeconomic convergence in Southern African Development Community (SADC). SADC is one of the 9 regional economic communities (RECs) in Africa and currently includes 15 member statesi ( see end note) with total population of about 257.7 million and Gross Domestic Product of US$471.1 billion in 2009. Convergence of economic growth and per capita incomes among nations has been a central theme in neoclassical growth theory and vast economic literature related to it for decades. Thus, traditionally, the analysis of convergence involved an...
05-Jun-2011

2011-2015 - Southern Africa - Regional Integration Strategy Paper

Regional integration has been a longstanding goal of the African Development Bank, an ideal that featured prominently in the 1964 Agreement that established the institution. Increasingly, African countries are realizing the relevance of regional integration to economic growth and Africa’s role in the global economy. Yet, the persistent hard and soft constraints on effective integration – the poorly developed network of regional infrastructure, especially in transport, energy and communications, and the unsuitable array of legal, institutional and regulatory frameworks – cannot be ignored.
05-Jun-2011

The AfDB Group in Southern Africa 2011 - Fostering Growth and Regional Integration

We are pleased to present this regional publication which provides an overview of the African Development Bank’s operations and partnership in Southern Africa. The publication comes at a critical time for the region and the Bank. The aftermath of the global financial crisis threatened to set back, in less than a year, the economic gains so painfully made over the last decades. The crisis slashed the continent’s growth rate from a healthy 6% to 2%, reduced export earnings, decreased Diaspora remittances and investment flows, and contracted the private sector. To ensure its regional member...
05-Jun-2011

The AfDB Group in Southern Africa 2011 - Fostering Growth and Regional Integration

We are pleased to present this regional publication which provides an overview of the African Development Bank’s operations and partnership in Southern Africa. The publication comes at a critical time for the region and the Bank. The aftermath of the global financial crisis threatened to set back, in less than a year, the economic gains so painfully made over the last decades. The crisis slashed the continent’s growth rate from a healthy 6% to 2%, reduced export earnings, decreased Diaspora remittances and investment flows, and contracted the private sector. To ensure its regional member...
15-Mar-2011

AfDB Calls for Deeper Regional Integration - Tool for growth and employment creation in Southern Africa

Pretoria, 14 March, 2011 - African Development Bank (AfDB) President Donald Kaberuka has affirmed his institution’s strong commitment to enhancing regional integration and growth in Southern Africa. Addressing the media close to the end of a six-day official visit to the region, Dr. Kaberuka said the AfDB had done well in terms of the volume of its support to South Africa and the broader SADC region but still had to do more in view of the challenges that still abound.   Dr. Kaberuka, who was in South Africa at the invitation of Finance Minister, Pravin Gordhan, held...
22-Apr-2010

Development Research Briefs - Enhancing the Competitiveness of Four African Economies: Botswana, Mauritius, Namibia, and Tunisia

The competitiveness of most African countries lags behind other regions. This constrains their ability to cope with external shocks. Indeed, the challenge of the continent has been exacerbated by the 2007-2009 global financial and economic crisis. This leaves a clear role for the Bank to assist Africa in addressing these challenges and to sustain the growth momentum through policy support and capacity building. Given the critical role that knowledge plays in promoting dynamic and sustained economic growth, the study aims to promote knowledge generation and dissemination as part of the process...
20-Apr-2010

2009 - Botswana - Country Governance Profile

Botswana’s Context: At Independence in 1966, Botswana was one of the poorest countries in the world. However, the country has since made remarkable progress. Some scholars have regarded the political and economic development of Botswana as exceptional; the exceptionality being attributed to Botswana’s good policy choices, the utilisation of capable state machinery that is disciplined, and operation of a realistic social and economic development planning process, complemented by the ability to adapt and blend traditional and modern institutions of governance. Hence Botswana is, forty-two years...
15-Mar-2010

Botswana - Support to the Control of Communicable Diseases ( HIV/AIDS, Tuberculosis and Malaria) Project - EOI

This request for Expressions of Interest (EOI) follows the General Procurement Notice for this Project that appeared in UN Development Business No AfDB175- 686/06 of 16 September 2006. The Southern African Development Community (SADC) has received a grant from the African Development Bank (ADB) in various currencies equivalent to UA 20.00 million towards the cost of the Support to the Control of Communicable Diseases Project and intends to apply part of the proceeds of this grant to eligible payments under the contract for consultancy services “To assess the Status of Tele-Health and its...
02-Mar-2010

Botswana’s Former President Says Civil Society is Voice of Individual Citizens

Speaking on Monday, March 1, 2010, in Tunis within the framework of the African civil society organizations forum organized by the African Development Bank (AfDB) Group, Botswana’s former president, Festus Mogae, said the civil society was the voice of individual citizens and that which would provide a reality check on issues of popular concern, adding that the common factors between these diverse groups were their non-profit nature and facilitation of public participation in the social or civic life of a country. He congratulated representatives of civil society organizations who were...
21-Jan-2010

2009-2013 - Botswana - Country Strategy Paper

This Country Strategy Paper (CSP) has been prepared following the end of the 2004-2008 CSP for Botswana. It has been informed by the CSP Progress Report and Country Economic Review Report for Botswana both of which were approved by the Board in September 2008. It assesses Botswana’s development prospects and challenges, the government’s strategic options, and the specific role the Bank could play, in collaboration with the government and other development partners.