Botswana Secures €110 Million BADEA Loan for Industrial Growth and Agricultural Research. Botswana has secured a €110 million loan from the Arab Bank for Economic Development in Africa (BADEA) for the

Botswana Secures €110 Million BADEA Loan for Industrial Growth and Agricultural Research

Botswana has secured a €110 million loan from the Arab Bank for Economic Development in Africa (BADEA) for the Botswana Development Corporation (BDC) to support industrial expansion and job creation. An additional €500,000 grant will fund agricultural research at the Botswana University of Agriculture and Natural Resources (BUAN), aligning with the nation's economic diversification strategy.

Botswana's Economy Returns to Growth in Q1 2026 Amid Uneven Recovery. Gaborone, Botswana's economy recorded growth in the first quarter of 2026, ending a two-year contraction driven by a reb

Botswana’s Economy Returns to Growth in Q1 2026 Amid Uneven Recovery

Gaborone, Botswana's economy recorded growth in the first quarter of 2026, ending a two-year contraction driven by a rebound in diamond-related activities and increased electricity production. However, the recovery remains uneven, marked by weak household spending, subdued investment, and a significant decline in exports, according to data from Statistics Botswana.