That is where he engaged with global leaders, investors, and stakeholders on crucial issues impacting Botswana’s future growth.
This year marks Boko’s first time attending the WEF, and he shared his positive experiences thus far. "It has been a very productive outing," he said. "I've had the opportunity to engage in bilateral discussions with several heads of state, interact with investors, and meet private sector leaders. This aligns with our mission to attract investment, create jobs, and drive economic growth in Botswana."
Boko emphasised the importance of creating opportunities for Botswana's youth, women, and the broader population. The President outlined two key pillars that are central to the country's development strategy: the green economy and the digital economy.
The green economy, he explained, encompasses sectors such as climate-smart agriculture, ecotourism, and renewable energy. These areas are expected to offer significant opportunities for both domestic and international investors. Meanwhile, the digital economy aims to harness the potential of young people by empowering them to become job creators, contributing to the broader growth of the national economy.
Boko also spoke on Botswana's strategic economic diversification efforts. Traditionally reliant on diamonds, the country is working to reduce its dependence on the sector by exploring new mineral resources and enhancing beneficiation and manufacturing. He noted that discussions are ongoing regarding the future of the country’s diamond industry, particularly as major shareholder Anglo-American seeks to sell its stake.
In terms of infrastructure, the President revealed plans for major investments, notably in the development of a Southern African trade corridor. This includes the ambitious Transla Rail project, which is expected to significantly boost Botswana's economic prospects.
When addressing questions on wildlife conservation, particularly regarding elephants, President Boko reaffirmed Botswana’s commitment to protecting its natural environment. He acknowledged past challenges but assured that the country's efforts to preserve its wilderness would continue.
Finally, the President responded to queries about the death penalty in Botswana, clarifying that any decision on executions is carefully considered within the legal framework, with the right to appeal and clemency processes in place.
Botswana’s participation in the WEF reflects the nation's proactive approach to securing sustainable economic growth, fostering global partnerships, and addressing both environmental and social challenges.
--ChannelAfrica--
