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Industrialization: solid partnership between the ADB and Botswana

23/04/2025
Source : ORISHAS FINANCE
Categories: Sectors

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During a high-level discussion aimed at accelerating Botswana's economic transformation agenda, Botswana's Vice President and Finance Minister, Ndaba Gaolathe, reaffirmed his country's strong partnership with the African Development Bank Group.

A meeting was held on 15 April in Gaborone with a delegation from the Bank Group led by Leila Mokaddem, Managing Director for Southern Africa, Mr. Gaolathe. The government will ensure that the public service is efficient, invests in transformative infrastructure, and diversifies the mining sector. Botswana's priorities were presented. These are digitalization, agricultural trade and the revitalization of public enterprises, with an emphasis on the transition from an economy dominated by the public sector to growth driven by the private sector. The government will ensure that the public service is efficient, invests in transformative infrastructure, and diversifies

the mining sector.

La délégation du Groupe de la Banque africaine de développement presented short initiatives and medium term that aims to support the country's growth goals. The Economic Governance and Resilience Support Programme (GERSP) aims to strengthen fiscal performance and private sector participation, with potential funding of up to $1 billion, of which $304 million is available this year, as well as technical assistance to address the challenges associated with implementing Botswana's public investment program

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