AfDB Unveils Africa-Wide Aviation Financing Platform

With Africa poised to become the world’s fastest-growing aviation market, policymakers and industry leaders are focused on a central challenge: how to translate rising demand into sustainable connectivity, competitiveness, and financial viability. This question anchored deliberations at the two-day Airlines, Capital and Connectivity Forum convened in Nairobi on 25–26 February 2026 by the African Development Bank Group in partnership with the African Airlines Association (AFRAA). Despite strong demand fundamentals, Africa’s aviation sector continues to face...

Gaolathe proposes to raise Botswana’s public debt ceiling

The government of Botswana stands on the brink of a pivotal fiscal shift. The Stock, Bonds and Treasury Bills (Amendment) Bill, 2026, set to be presented by Minister of Finance and Vice President Ndaba Gaolathe, aims to raise the ceiling on outstanding public debt and government-guaranteed debt to 60 percent of the nation’s Gross Domestic Product (GDP). This move signals not only a recalibration of fiscal policy but also a strategic response to pressures mounting...

Gov’t seeks stake in MMG’S Khoemacau Copper Mine amid copper surge

The government has launched strategic talks with MMG, the Hong Kong-listed proprietor of Khoemacau Mining Company (MCM), signaling a revived ambition to secure a stake in one of the nation’s premier copper ventures. This development coincides with a dramatic surge in global copper prices, fueled by escalating demand from renewable energy industries, electric vehicle manufacturing, and burgeoning industrial activity across emerging markets. Minister of Minerals and Energy, Bogolo Kenewendo, addressed Parliament, revealing that the government...

BMI revises down Botswana’s economic growth forecast for 2026

Global research firm Business Monitor International (BMI) has recently downgraded Botswana’s projected economic growth for 2026, citing ongoing risks and challenges confronting the nation’s economy. Following a 3.8 percent expansion in 2023, Botswana’s economy contracted by 3 percent in 2024. The primary drag on economic activity was subdued output in the mining and quarrying sector. Weak global demand for diamonds compelled Botswana’s miners to curtail production to avoid accumulating unprofitable inventory. This extended and deeper-than-anticipated...

Diamond company faces identity crossroads 

Botswana Minerals Plc (BMIN), a British junior mining company, finds itself grappling with an identity crisis amid a sluggish diamond market. Once proudly known as Botswana Diamonds Plc until February 25, 2026, the company’s longstanding image as a diamond specialist now hangs in the balance as it seeks new direction. This identity turmoil is underscored by a series of public statements distancing BMIN from its diamond-centric reputation. On January 26, the company revealed a bold...

  ela The theme at the Investing in African Mining Indaba 2026 “Stronger together: Progress through partnerships” reflected the current reality of mining finance in Africa. Capital is available and projects are advancing. Yet execution depends on alignment across banks, miners, regulators, infrastructure providers, and investors. For Botswana, this matters. Mining remains central to fiscal revenue, foreign exchange earnings, and long-term economic stability. Expansion into underground operations, new copper mine projects, and energy transition minerals...

NDB returns to profitability

The National Development Bank (NDB) of Botswana has emerged from years of financial strain to post a profit of P13.1 million in the 2024/25 financial year, signaling a turning point for the institution and a beacon of hope for the country’s economic development. After a prolonged period marked by losses, the bank’s return to profitability marks not just a numerical milestone but a broader statement about resilience and strategic recalibration. At the recent strategy launch,...

Memory Chip Shortage Threatens AI Boom, Autos, Electronics

The AI boom that has fueled excitement and investment across the globe is suddenly facing a formidable hurdle: a deepening shortage of memory chips that threatens to choke the very infrastructure supporting artificial intelligence, consumer electronics, and electric vehicles. Nigel Green, CEO of deVere Group, one of the largest independent financial advisory firms, warns that this shortage is more than a supply hiccup, it is a looming profit shock that investors and companies can no...

Inflation climbs to 4.1% in January 2026 

Botswana’s annual inflation rate edged up to 4.1 percent in January 2026, marking a 0.2 percentage point rise from the 3.9 percent recorded in December 2025. The latest Consumer Price Index (CPI) data released this week attributes this uptick primarily to increasing costs in transport, food and non-alcoholic beverages, as well as personal care services and miscellaneous goods. The transport sector emerged as the dominant driver of inflation in January, contributing 1.6 percentage points to...

Botswana shifts focus to critical minerals amid diamond market downturn

Botswana is embarking on a strategic pivot to broaden its mining sector beyond diamonds, targeting critical minerals as a cornerstone of its economic diversification agenda, Minister of Minerals and Energy Bogolo Joy Kenewendo announced. With approximately 70 percent of the country’s landmass still largely unexplored, the government is intensifying efforts to identify new revenue streams and mitigate the fiscal risks tied to its heavy reliance on diamonds. This initiative unfolds against the backdrop of a...