Saudi Arabia lays groundwork for embassy openings in SADC
The majority of UAE embassies to be opened in 2024 in Africa will be located in the Southern African Development Community.
The annual meeting of the international certification body was split on whether or not Russian diamonds should be considered as conflict diamonds. The stalemate prevented the organisation from appointing a new secretary general and setting up its secretariat in Gaborone.
In Botswana, a diamond partnership between Belgian trader HB Antwerp and state firm ODC has roused the opposition rallied behind former president Ian Khama after President Masisi revealed having been personally involved in the negotiations.
The opening of the Kazungula Bridge, which connects Zambia to Botswana, has robbed Zimbabwe of its status as a key gateway between the port of Durban and the Copperbelt. Deprived of significant revenue, Harare is preparing its counter-attack with the help of a handful of bankers.
The Botswana government is drafting a revision of the mining act that offers new opportunities to domestic players. It will be presented to parliament by the end of 2023.
The International Finance Corporation, the World Bank's private sector arm, wants to build its presence in Southern Africa to counter Chinese influence and win new projects in the region. To that end, it has called on banking sector veteran, Claudia da Conceicao.
President João Lourenço is nurturing hopes of beating Botswana to the African Union presidency in 2025 and is already lobbying behind the scenes.
Mining engineer Bokang Thitoyamore has been picked to head up Naledi Mining Services, a subsidiary of Debswana, the joint venture between the state and global diamond giant De Beers.
Botswana's diamond marketing partner has given the Belgian-Israeli industry veteran the boot. But the former executive of Steinmetz Diamond Group remains a shareholder.
Botswana is to extend the operating licence of the Lerala diamond mine owned by the multi-millionaire former majority shareholder in Viber, despite his company not having restarted operations there since it bought the mine in 2019.
The Botswanan state hopes to limit the impact of international investors' reluctance to invest in coal by taking control of the Masama mine and strengthening its partnership with Indian group Jindal.
President Mokgweetsi Masisi's administration is soon to receive $3.5m from the World Bank for green consultancy services.
The Canadian giant has decided to pull out of the Sese mining and energy project in Botswana, which was to have supplied electricity to its Zambian mines. The aversion of shareholders and partners to this type of project with high CO2 emissions was behind the move.
Eunice Mpoloka has just received approval from the Competition and Consumer Authority in Gaborone to acquire 51% of Hoisting Solutions, one of Botswana's main drilling and construction rental companies.
The DRC president used his recent visit to Gaborone to renew his acquaintance with Belgian diamond entrepreneur Rafael Papismedov. He has invited him to Kinshasa to help revive the Congolese diamond sector.
L'agence de développement allemande GIZ multiplie les financements de contrats de "consulting vert" à destination de pays d'Afrique australe. En avril, elle a débloqué quelque 2,2 millions d'euros pour des projets sur les terrains botswanais et surtout zambien.
As the government edges closer to clinching a new agreement with diamond giant De Beers and puts the finishing touches on its partnership deal with Belgian trader HB Antwerp, Gaborone has tended to brush off any criticism by attributing it to the opposition behind former president Ian Khama.
The Kenyan president has proposed that his country host the headquarters of the proposed Tripartite Free Trade Area, which, once three more states ratify a deal struck in 2015, will group 29 African countries.
Africa's main oil lobby, run by lawyer NJ Ayuk, will organise its next Invest in African Energy Forum in Paris. The event is scheduled for 1 June.
HB Antwerp is in talks with the state-owned Okavango Diamond Co over a diamond trade partnership, which the Belgian trader is hoping to show would be more profitable for the Botswana government than its arrangement with sector giant De Beers.
Botswana Oil has hired law firm DLA Piper to help it raise funds in the US to build a $2.5bn coal liquefaction plant.
Talks on Botswana's new deal with the global diamond giant have taken a tense turn after a leaked report accused De Beers of tax evasion. The two sides have until 30 June to hammer out an agreement to continue their long-standing partnership.
The Botswana Business Registry wants the data on companies' ultimate beneficial owners (UBO) to be available online by August. With this move, Gaborone wants to show it is willing to reform after the Financial Action Task Force removed the country from its grey list in 2021.
Don't miss a single headline. Sign up to receive weekly summaries of our coverage of Botswana.