BOTSWANA is presenting itself as a new frontier for investors seeking reliable access to African markets, with a bold commitment to renewable energy, particularly solar power, at the heart of its pitch. The push was articulated by International Relations Minister Phenyo Butale, speaking to the Anadolu Agency during the Antalya Diplomacy Forum 2025 in Turkey.
‘Botswana has huge potential in terms of solar energy,’ Butale said. ‘There’s an intentional and deliberate plan to ensure an aggressive shift toward renewables.’
The minister emphasised that the country’s political stability, reinforced by its peaceful democratic transition in October 2024, sends a strong signal to the international community that Botswana is both safe and open for business.
A regional launchpad for Africa-focused investors
Butale positioned Botswana as an ideal gateway to the African continent, particularly the Southern African region, for global investors seeking long-term, strategic entry points.
‘If they want to venture into Africa, they can use Botswana as the gateway and a pedestal,’ he said.
Botswana’s participation at the Antalya forum, he noted, underlined its commitment to shaping global dialogue on climate change, energy policy, and economic cooperation.
Untapped mineral wealth and shifting trade ties
The minister also spotlighted Botswana’s underexplored mining sector, pointing to the country’s vast and mineral-rich lands, 75 percent of which remain unmined.
‘Botswana has potential in the mineral sector,’ Butale said, noting the demand for critical minerals as global industries seek greener, tech-driven supply chains.
However, Botswana faces external economic pressures, including a significant blow from reciprocal US tariffs imposed under the Trump administration. With export duties on diamonds hitting 37 percent, Botswana now ranks as the fourth most impacted African country.
Despite this, Butale remained optimistic, citing the enduring strength of Botswana-US relations, while also advocating for a reimagined trade strategy.
‘This is an opportunity to think differently about our partnerships and forge alliances with countries that are geopolitically aligned,’ he told Anadolu.
Diplomacy and regional stability in focus
On the geopolitical front, Butale commented on the ongoing crisis in the eastern Democratic Republic of Congo (DRC), reaffirming Botswana’s commitment to diplomatic engagement as a member of the Southern African Development Community (SADC).
He called for regional efforts to bring all parties to the table and pursue meaningful dialogue, stressing the importance of peaceful conflict resolution in advancing Africa’s broader development goals.
‘We’ve told the world: Botswana is open for business,’ Butale concluded.
